Tuesday, April 15, 2025
Carbon Offset System to Support Clean Growth in Canada
New draft regulations have been released to establish a new national greenhouse gas offset system to reduce carbon emissions and create jobs. The Federal Greenhouse…
Environmental Finance
RBC Commits to $500 Billion in Net-Zero Financing by 2050
Canada’s biggest bank, the Royal Bank of Canada (RBC), is demonstrating its commitment to accelerating clean economic growth and helping communities transition to net-zero. Yesterday,…
Canadian Universities Form Coalition to Reduce Climate Risks in Investment Portfolios
A coalition of Canadian university endowments and pension plans is launching a new initiative through SHARE, a non-profit investor advocacy organization, to engage investee corporations on…
Brookfield’s New $7.5 billion Climate-Focused Fund
Brookfield Asset Management Inc. plans to raise at least $7.5 billion for a new climate-focused fund, as the Canadian investment firm builds out an environmental,…
Ontario Teachers’ Pension Plan Commits to Net-Zero by 2050
Building on over a decade of climate change efforts, the Ontario Teachers’ Pension Plan Board recently announced its commitment to achieve net-zero greenhouse gas emissions…
Vancity Plans for Net-Zero-Emission Loan Portfolio
The Vancouver credit union Vancity has plans to make an entire loan portfolio carbon-neutral by 2040. With its values-based financial co-operative serving the needs of…
Power Sustainable Launches $1B Platform for Renewable Energy
Montreal, Quebec-based Power Sustainable Capital Inc., a global multi-platform asset manager, announced the launch of the Power Sustainable Energy Infrastructure Partnership, an investment platform with…
Manulife Investment Management Issues Inaugural Climate Report
Hancock Natural Resource Group (HNRG), a Manulife Investment Management Company, recently released its inaugural climate disclosure report. The new report highlights the risks and opportunities…
Institutional Investors Apply New Climate Risk Matrices
Lead by the Intact Centre on Climate Adaptation (University of Waterloo), Global Risk Institute and Stanford Global Projects Center (Stanford University), a global survey of…
City of Toronto Reopens Green Bond to Help Fund Climate Action Projects
The City of Toronto is reopening its Green Bond, originally issued in 2019, for an additional offering of $130 million to help finance capital projects…
FCM Recommendations for a Green Recovery
The Federation of Canadian Municipalities (FCM) has released recommendations for federal post-COVID economic recovery plans—urging a green and inclusive recovery that empowers local leaders to…
CDP Announces Record Number of Environmental Disclosures, Despite Pandemic
More than 10,000 companies, cities, states and regions reported data through global environmental non-profit Carbon Disclosure Project (CDP) in 2020. This is the highest number…
Investment Survey Finds Increased Support for ESG Issues
A new survey reveals that capital market participants are attaching greater importance to sustainable finance than a year ago, even as issuers and investors have…
Canadian Environmental Coalition Releases Proposal for Green Recovery
The Green Budget Coalition has released a comprehensive set of recommendations on how the federal government can follow-through on its Throne Speech commitment to a green…
Manitoba Provides Funding Opportunities for Conservation Projects
The Manitoba government is making up to $8.6 million available for Manitoba-based groups to support conservation projects through the Conservation Trust, GROW Trust, and Wetlands…
Data Dive: Is it Time to be Ambitious About the Environment?
At this extraordinary moment in time, while Canadians are concerned about the global health crisis and job security, they are also indicating support for a…
Environmental and Engineering Executives Come Together for the Virtual CE3C
The Canadian Environmental & Engineering Executives Conference on October 1, 2020 brought together senior corporate executives in the consulting industry to meet, network, and discuss…
TD Bank Issues Sustainability Bond
The Toronto-Dominion Bank (TD) announced that it has issued its first ever sustainability bond in a $500 million offering. The three-year bond was issued under…
CIB Announces Funds for Green Initiatives
Today the federal government announced substantial investments for clean power projects, zero-emission buses, and building retrofits. Prime Minister Justin Trudeau joined Minister of Infrastructure and…
PwC commits to net zero by 2030, globally
Global firm PricewaterhouseCoopers (PwC) is making a worldwide commitment to achieve net zero greenhouse gas (GHG) emissions by 2030. The commitment includes supporting clients to…
Ontario Environment Minister: Cleantech Companies Helping Address Most Pressing Concerns
On September 24, 2020, Jeff Yurek, Ontario’s Minister of Environment, Conservation and Parks, addressed the first virtual Environment and Cleantech Business + Policy Forum presented…
Green Municipal Fund Report on Initiatives Across Canada
The newest edition of the Green Municipal Fund (GMF) annual report, “Thriving in our 20th year,” explores the social, economic and environmental impacts that GMF-funded…
Task Force Releases Final Recommendations for a Green Recovery
The Task Force for a Resilient Recovery recently released its final report, recommending specific measures and investments to help the Government of Canada achieve a…
GNR Québec Capital Announces President and General Manager
GNR Québec Capital L.P., an investment fund dedicated to increasing the conversion of waste into renewable natural gas (RNG) in the Province of Quebec, announced…