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At a forum on sustainable finance in Ottawa this week, a parade of speakers, including Environment Minister Steven Guilbeault, warned that Canada is falling behind global competitors in the race to attract the investment needed to fuel the transition to a net-zero economy. Canada is playing catch-up,” he acknowledged. “We
Canadian Liberal MP Ryan Turnbull outlines the importance of building consensus to stimulate debate on environmental issues and accelerate climate-related policy. Canada has made slow progress on tackling climate change. The bill will be examined by members of the Canadian Senate Banking and Finance Committee from Autumn this year.
Indian Prime Minister Narendra Modi’s announcement in the first days (much to the surprise of Indian observers) that India would reach netzero emissions by 2070 and generate 50% of its energy from renewables by 2030 helped lower that trajectory to 2.4°C. But without more detail, the announcement attracted cries of “ greenwashing.”.
The UAE is already proving a petro -state can transition toward netzero, says Luma Saqqaf, CEO of Ajyal Sustainability Consulting, but tough challenges remain. In March 2023, the UAE confirmed its netzero target as a domestic policy objective by signing the ‘ UAE Governments NetZero 2050 Charter ’.
Deirdre Cooper, Co-Head of Thematic Equities and Co-Portfolio Manager of the Global Environment Fund at global asset manager Ninety One, says the world’s ability to meet netzero targets will depend on countries such as China and India. What are China’s stated netzero goals? GW of new plants (a net 29.8
SDSN signed a partnership agreement with the ClimateActionTracker (CAT) to collaborate in the coming years on areas of common interest, including around national net-zero strategies, pathways and policies.
If countries can cut global emissions to “ netzero ” by 2050, that could bring warming back to under 1.5 One key goal of COP26 is to ratchet up these targets to reach net-zero carbon emissions by the middle of the century. ClimateActionTracker. However, there remains a narrow window of opportunity.
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