Finance

It’s been a rough few years for the sector, but expectations of lower interest rates and long-term demand for renewable energy is helping turn things around

Finance | Summer 2024

Bank financing for fossil fuels dips second year in a row

Eugene Ellmen

The world's big banks still financed $705B in fossil fuel projects in 2023, with gas companies that operate terminals and pipelines overtaking oil and gas producers as the biggest borrowers

Finance

Ontario pension funds are starting to understand there’s no retirement security on a dead planet

Laura McGrath

OPINION | These pension portfolio managers are making progress, but they must pick up the pace

Finance

How consultants have taken over sustainability reporting – and not for the better

Hendri Yulius Wijaya and Kate Macdonald

OPINION | Companies are hiring external consultants to help report on ESG, but there aren't enough checks to guard against greenwash

Finance

RBC agrees to new measures on race, climate after pressure from investors and First Nations

Eugene Ellmen

The moves come after weeks of negotiation with investors who supported Indigenous and Black leaders and their allies assembled at the bank’s annual general meeting in April

Finance | Spring 2024

Is swapping debt to protect nature the key to solving Africa's climate woes?

Shilpa Tiwari

For some nations, the suffocating burden of debt gets in the way of climate adaptation. Converting a portion of that debt into funds dedicated to climate action could be transformative.

2024 Climate Dollars | Finance

Climate was biggest winner in 2024 budget, but climate funding gap persists

Toby Heaps and Jessica Carradine

Budget 2024’s plan for growing the clean economy leans heavily on tax credits, doesn’t address the federal government’s $14-billion say-do gap on climate

Finance

Four ways Canadian banks can actually deliver on their climate promises

Matt Price and Kyra Bell-Pasht

Upcoming shareholder proposal vote asks TD to spell out their vague net-zero plans, but it’s not the only bank that needs a credible climate transition plan

Finance

Will free speech derail North America’s climate finance agenda?

Julien O. Beaulieu and Iris Fairley-Beam

As lawsuits challenging climate-risk disclosure rules multiply in the United States, Canada’s climate finance policies could be next in line

Sustainable Economy Intelligence

Why are financial advisers shunning green funds?

The world’s most sustainable MBA programs are producing a generation of changemakers

These 30 under 30 are leading a green youthquake