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Canada is falling behind in global race to attract sustainable investments: Guilbeault

Corporate Knights

Larry Fink, the CEO of Blackrock pic.twitter.com/74a7wJCyLl — Steven Guilbeault (@s_guilbeault) November 2, 2023 Indeed, international analysts have rated Canada poorly when it comes to sustainable finance policies and regulations. For greenhouse gas reductions alone, the scale of capital required is enormous.

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An Increasing Sense of Urgency

Chris Hall

Climate Action Tracker described the amended goal a “significant step forward from the previous 26% reduction target” but said a 60% reduction was needed to put Japan on a 1.5°C Adequate disclosure is critical if the ESG funds are to avoid “being ridiculed as “greenwashing”, it said.