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At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

We are bending the curve on Canada’s fight on pollution.” Officials cast it as one major part of a process that also includes a phaseout of public financing for domestic fossil fuel projects through Crown agencies like Export Development Canada. Those guidelines are due to be released in 2024.

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Corporate commitments for net zero by 2050 rely on climate transition action plans from 2023

We Mean Business Coalition

Countries are beginning to bend the curve, the UNFCCC’s synthesis report outlines , but commitments and actions are still nowhere near the scale and pace of emissions reductions required to put us on track to stay within 1.5? Further, not nearly enough companies are developing and disclosing credible climate action plans.