19 Articles

Canada must build sustainable finance sector to meet climate goals–the feds are acting on this, but is it fast enough?

A recent RBC report estimates that in order to catch up and meet its climate targets, Canada will need to invest $70 billion per year into green technologies such as electric vehicle (EV) infrastructure, green hydrogen, carbon capture and renewable energy production. As it stands, the country falls well short of that figure, investing just $10 billion annually.

Pricing in climate risk could be a risk of its own

Investors should be making data-informed decisions, and consistent and reliable climate-related data is imperative to do so. However, Julie Segal writes, based on traditional risk and reward principles, pricing in physical risks imposes a surcharge for those most liable to climate damage.