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If done well, financial regulations play a crucial role in cutting carbon emissions

Corporate Knights

As the Intergovernmental Panel on Climate Change (IPCC) highlighted last week, we are in the midst of a climate emergency. Canada needs to adopt a package of financial regulations that will drive down carbon emissions and shift billions of dollars toward investing in clean technology and renewable energy.

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New Report Highlights U.S. Insurance Sector's Efforts in Addressing Climate Change Risk

3BL Media

July 25, 2023 /3BL/ - A new report released today by the Ceres Accelerator for Sustainable Capital Markets and the California Department of Insurance reveals that insurance companies are pursuing a wide variety of strategies to manage the increasing risks associated with climate change. Climate Risk Management in the U.S.

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If we want to compete, Canada needs a green and transition taxonomy ASAP

Corporate Knights

To achieve net-zero emissions by 2050 , the Government of Canada has invested billions of dollars in practical efforts to lessen the effects of climate change and encourage clean economic growth.

Net Zero 324
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Following the money: A sustainable finance odyssey

GreenBiz

That’s the realm of banks and other financial institutions. "OK, It must be sourced, verified and scored consistently across companies to be meaningful to investors, banks and other interested parties. It was soon evident that the topic of sustainable finance was bigger than just ESG and investors. OK, then," I ventured.

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COP27 and the Canadian mini climate budget that wasn’t

Corporate Knights

The 27th UN climate summit, COP27, which got underway in Egypt on Sunday, seems to have been pre-ordained as a modest contribution to the increasingly fraught fight against climate change. . spending bill that pumps hundreds of billions of dollars into climate investments. . “We

Net Zero 274
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Petroleum workers journey into the world of renewable energy

Corporate Knights

When he was laid off, he jumped around for a bit, eventually heading to Newfoundland to take a job as an electrician on the Hebron GBS (for “gravity based structure”) drilling rig off the coast of the Grand Banks. We need to shift our country’s labour market in order to implement solutions to slow climate change.” .

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Budget 2023’s clean investments don’t add up

Corporate Knights

Contrary to what people might think, the federal budget tells us precious little about what the government is actually spending money on this year when it comes to clean economy incentives, or anything else for that matter. The official response was a shoulder shrug. That's a big number.