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Canada Announces Over $80 Billion Clean Tech & Energy Investments to Compete with U.S. Inflation Reduction Act

ESG Today

Canada unveiled its response to the emerging global race to scale up green energy and clean tech manufacturing capacity, with proposals for over $60 billion in tax credits and an additional $20 billion in sustainable infrastructure investments in its 2023 budget, presented by Deputy Prime Minister and Minister of Finance, Chrystia Freeland.

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Canada to Phase Out Public Fossil Fuel Financing

ESG Today

The new “Fossil Fuel Subsidies Government of Canada Self‑Review Assessment Framework,” – the first of its kind globally, according to the government – details a set of criteria to determine that subsidies to the energy sector must meet in order to not be considered inefficient.

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Understanding the Crucial Role of Climate Scenario Analysis in Business Strategy

3BL Media

The regulatory changes and shifting market demands, as well as the opportunities to innovate and improve operational efficiencies that come with a global economy shifting towards low-carbon technologies. Policy measures involve stringent carbon pricing, green technology subsidies, and fossil fuel phase-outs.

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Following the money: A sustainable finance odyssey

GreenBiz

The ensuing conversations — and, no doubt, many more to come — are a continuation of the learning journey I’ve been on for the past few years, seeking to understand the role of the financial sector in advancing sustainability solutions and a clean, decarbonized economy. Well, almost. Financing the transition.

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Chemours Announces Joint Venture Agreement With BWT to Enable the Capacity and Innovation Required by the Transportation Fuel Cell Market

3BL Media

“The estimated size of the heavy-duty fuel cell membrane market is expected to grow to about $900M by 2030, which speaks volumes to how critical this technology is, and will continue to be, as the planet pursues robust goals for decarbonization,” said Denise Dignam, President of Advanced Performance Materials at Chemours.

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Don’t despair about climate change, instead put your capital where it counts

Renewable Energy World

The EU’s climate commitments mean that we will replace those smokestacks with clean technologies, sooner or later. We want financiers to commit $1 trillion USD annually to decarbonization and negative emissions technologies. These account for about 40% of global emissions but remain integral to modern standards of living.

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DP World Endorses Green Shipping Corridor in Push for Sustainable Maritime Trade

3BL Media

“Green shipping corridors” are maritime trade routes that showcase low- and zero-emission fuels and technologies between ports, to help reduce greenhouse gas (GHG) emissions and support sector-wide decarbonization. The MOU involves multiple ports and jurisdictions, including Prince Rupert, Vancouver, and Edmonton.

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