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Trans Mountain paid McKinsey over $32M to save money as pipeline costs exploded

Canadian taxpayers could pay up to $18.8 billion for the pipeline expansion, even though federal officials say McKinsey & Company consultants helped them save hundreds of millions of dollars. Research published this month by the International Institute for Sustainable Development notes that even Trans Mountain's current proposal to hike tolls won’t ensure oil companies, instead of taxpayers, are paying for the pipeline.

IISD in the news September 25, 2024

The Next Generation of National Climate Plans Must Phase Out Fossil Fuels

On the sidelines of the UN General Assembly, IISD is calling on governments to deliver ambitious, specific, and actionable national climate plans for the coming decade.

Press release September 25, 2024

Sustainable Asset Valuation of Climate-Resilient Landscapes in Ghana

In this integrated cost-benefit analysis, the Nature-Based Infrastructure Global Resource Centre analyzes the potential of nature-based infrastructure (NBI) to mitigate the impact of extreme weather events under different climate scenarios in Ghana.

Report September 25, 2024

Working With Countries to Move Beyond GDP and Promote Inclusive and Sustainable Development

This side event will explore how innovative metrics beyond GDP can advance the 2030 Agenda and sustainability, with insights from international agencies and national governments.

Workshop September 21, 2024

Why We Shouldn’t Give Up on the SDGs

The SDG framework may seem out of reach, but it’s the backbone of global cooperation.

Deep Dive September 20, 2024

Inside the UN Biodiversity Conference (CBD COP 16)

At the close of the resumed UN biodiversity talks, delegates adopted crucial decisions on resource mobilization and monitoring. They gave an extended standing ovation to Colombia's Susana Muhamad for her strategic leadership from Cali to Rome.

Page September 20, 2024

Hope Springs: How one community brought a river back from the brink

For over a decade, a small group of community members in Zambia have been working to restore the Nsongwe River. Now, with support from IISD’s Climate Adaptation and Protected Areas Initiative, their goal is within reach.

Success story September 19, 2024

Compensation and Damages in Investor-State Dispute Settlement

This report provides policy reform options to address the growing issue of damages awards in investor-state dispute settlement (ISDS).

Report September 19, 2024

Manitoba Builds Green

This report investigates the potential to scale up a deep energy retrofit industry in Manitoba to reduce greenhouse gas emissions, create good jobs, spur green industrial growth, and improve housing quality.

Report September 19, 2024

September 2024 | Carbon Minefields Oil and Gas Exploration Monitor

Last month, 11 oil and gas exploration licences were awarded across three countries. Among these countries, Australia awarded licences with the largest volume of embodied emissions.

Newsletter September 19, 2024

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