![leveraging-sustainable-finance-canada-1.jpg](/sites/default/files/styles/featured_box_portrait_mobile/public/publication/leveraging-sustainable-finance-canada-1.jpg?h=31f11bfb&itok=49NmJ9TM)
Leveraging Sustainable Finance Leadership in Canada: Opportunities to align financial policies to support clean growth and a sustainable Canadian economy
Our policy roadmap shares how mandatory climate risk disclosure and actions by the Canadian government and financial actors can empower meaningful climate action.
Key Messages
- The kinds of changes necessary for Canada to meet its Paris Agreement targets require an infusion of capital beyond what governments and taxpayers can cover.
- Mandatory transparency around climate change risks held by business should be a central part of Canada's climate action, particularly given how much capital is invested in Canada’s energy sector.
- A three-year policy roadmap for greening Canada’s financial ecosystem is achievable and includes coordinated action from multiple oversight organizations.
Ambitious action is required for Canada (and the world) to meet its Paris Agreement targets. This will require an infusion of capital beyond what governments and taxpayers can cover. The private sector must become deeply involved, encouraged by changes to the financial ecosystem that make climate change action and the low-carbon economy the norm.
In advance of Canada’s Expert Panel on Sustainable Finance releasing their recommendations on the best finance and investment structures for climate action, Leveraging Sustainable Finance Leadership in Canada sets out a three-year policy roadmap to funnel private investment into a sustainable Canadian economy.
While mandatory climate risk disclosure is a central part of the report's recommendations, there are supportive actions a number of government actors and financial organizations will need to take to build a financial system that empowers clean growth and greenhouse gas reductions.
You might also be interested in
Border Carbon Adjustments: Trinidad and Tobago country report
This report consolidates, analyzes, and presents views and perspectives of stakeholders from Trinidad and Tobago on border carbon adjustment (BCA) schemes to contribute to the global debate on BCA good practices.
Global Dialogue on Border Carbon Adjustments: The case of Brazil
This report consolidates, analyzes, and presents the views and perspectives of stakeholders from Brazil on border carbon adjustment (BCA) schemes to contribute to the global debate on BCA good practices.
How Fossil Fuels Drive Inflation and Make Life Less Affordable for Canadians
New report takes closer look at how Canada’s dependence on fossil fuels impacts energy costs and prices of essentials such as transportation, home heating, and housing.
The Global Minimum Tax and Special Economic Zones
Guidance for governments on reforming tax incentives in special economic zones amid the global minimum tax.