STANDARDS COUNCIL CANADA DEVELOPING GREEN AND TRANSITION FINANCE STANDARD

The Standards Council of Canada is building on existing global frameworks, to develop a Canadian-specific National Standard of Canada for “Green and Transition Finance” which will define Green and In Transition sectors in Canada, enabling these sectors to be recognized in global green and transition financial instruments.

An Express document with a clear transition definition and taxonomy for the priority industries relevant to Canada will be complete by January 2020, with a formal standard expected to be issued by December 2020. The Council for Clean Capitalism is participating on the technical committee to develop this standard.

Learn more: https://www.scc.ca/en/standards/notices-of-intent/csa/sustainable-finance-defining-green-taxonomy-for-canada