The City of Ottawa priced its first green bond offering, raising C$102 million ($79.6 million) of a 3.25 percent bond that matures in November 2047, a term sheet seen by Reuters showed on Thursday. The deal, which is the first …
CITY OF OTTAWA PRICES CANADA’S FIRST MUNICIPAL GREEN BOND – TERM SHEET Read more »
Canadian businesses sold over $3.4 billion worth of environmental and clean technology goods manufactured in Canada in 2015, while sales of related services accounted for almost $3.8 billion. If waste management services are included, the total revenues of environmental and …
The federal government released the Federal Financial Sector Framework which outlines potential policy measures for comment by September 29, 2017. Climate risk disclosure is among the options being considered. Find full details here: http://www.fin.gc.ca/activty/consult/pssge-psefc-eng.asp
European Commission ‘High-Level Expert Group on Sustainable Finance’ (HLEG) published its first report setting out concrete steps to create a financial system that supports sustainable investments, which is a helpful possible template for Canada. The Commission will explore some key …
Eleven major banks including RBC and TD said they’ll seek ways to address the financial risks of global warming, after Bank of England Governor Mark Carney urged investors to act on the threat. The group, representing more than $7 trillion, …
11 BIG BANKS BACK CARNEY’S CLIMATE FINANCE CAMPAIGN Read more »
The FSB Taskforce on Climate-related Financial Disclosures issues guidelines for climate disclosure, taking up Council for Clean Capitalism recommendation last June to make “weighted carbon intensity” the metric of choice for investor disclosures. This measure was also specifically encouraged by …
FINANCIAL STABILITY BOARD URGES INVESTORS TO REPORT PORTFOLIO CARBON FOOTPRINT Read more »
One of the items discussed at the CIGI Pathway to a Green Finance Roadmap was a Council op-ed noting that the The G7 baton will move from Italy to Canada in 2018, with the heads of state summit taking place …
FINANCING THE CLEAN TRANSITION IS CANADA’S 67 OPPORTUNITY TO LEAD Read more »
On June 20, 2017, the Climate Leadership Council announced its Founding Members, a prominent group of business, opinion and NGO leaders. The Climate Leadership Council is an international policy institute founded in collaboration with a who’s who of business, opinion …
LAUNCH OF THE CLIMATE LEADERSHIP COUNCIL IN U.S. Read more »
The G7 joined the G20, other countries and markets in throwing its weight behind a growing movement to turn the power of the global financial system to sustainable development. In a communique released at the end of a two-day meeting …
G7 THROWS WEIGHT BEHIND SUSTAINABLE FINANCE MOVEMENT Read more »
Social Innovation and Social Finance Steering Group brings together 15 passionate and diverse leaders, practitioners and experts from multiple fields, including the community, philanthropic, financial and research sectors. Together, its members will co-create a Social Innovation and Social Finance Strategy …
LAUNCH OF SOCIAL INNOVATION AND SOCIAL FINANCE STRATEGY CO-CREATION STEERING GROUP Read more »