Canada’s rule book for sustainable finance is still developing but already drawing criticism.
Energy Star ratings approve environmentally friendly appliances. Ocean Wise labels promote sustainably harvested seafood.
And they question why the council that created the proposal is made up entirely of banks and other financial institutions. “There are investments within the energy system, including the fossil fuel system, that will be required for us to transition. We haven’t defined what they look like yet. So the criticisms, I think, are not yet able to be grounded until we do that work. And that work does have to be more inclusive — we’ve said that.”
“The stakes are huge,” said Matt Price, director of corporate engagement at Investors for Paris Compliance. Bardswick said “the initial mandate of the SFAC was to bring these different perspectives from within the private financial system together to figure out, OK, what are we saying as a private financial system that is going to be ultimately making these investment decisions?”
“Canada’s sustainable finance policy will only be credible — and sufficient — if the development process formally includes independent climate expertise,” said the letter, which also requested a meeting with the ministers. “The biggest issue we have is that it’s inappropriate for the industry to propose its own regulations without scrutiny, which is what’s happening,” Scott said.
Jonathan Arnold, the Canadian Climate Institute’s clean growth research lead and one of the framework’s architects, agreed his role was “to bring some scientific expertise and rigour to the process.” Arnold said the inclusion of a “transition” category alongside the clearer-cut “green” label for investments is “as important if not more important.”
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Caregiving for a spouse: Living with the risk of heart attackWhen his wife was diagnosed with heart disease, Sven Stuwe stepped in as a caregiver. Then came managing the emotional and financial impact. — via healthing_ca CdnCaregiving CdnHomeCare CaregiversAB OntCaregivers HeartandStroke healthing women
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Caregiving for a spouse: Living with the risk of heart attackWhen his wife was diagnosed with heart disease, Sven Stuwe stepped in as a caregiver. Then came managing the emotional and financial impact. — via healthing_ca CdnCaregiving CdnHomeCare CaregiversAB OntCaregivers HeartandStroke healthing women
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Caregiving for a spouse: Living with the risk of heart attackWhen his wife was diagnosed with heart disease, Sven Stuwe stepped in as a caregiver. Then came managing the emotional and financial impact. — via healthing_ca CdnCaregiving CdnHomeCare CaregiversAB OntCaregivers HeartandStroke healthing women
اقرأ أكثر »
Caregiving for a spouse: Living with the risk of heart attackWhen his wife was diagnosed with heart disease, Sven Stuwe stepped in as a caregiver. Then came managing the emotional and financial impact. — via healthing_ca CdnCaregiving CdnHomeCare CaregiversAB OntCaregivers HeartandStroke healthing women
اقرأ أكثر »
Caregiving for a spouse: Living with the risk of heart attackWhen his wife was diagnosed with heart disease, Sven Stuwe stepped in as a caregiver. Then came managing the emotional and financial impact. — via healthing_ca CdnCaregiving CdnHomeCare CaregiversAB OntCaregivers HeartandStroke healthing women
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