Tag: climate finance

ESG Jeopardizes Economic Security and Must Be Stopped

Commentary The environmental, social, and governance (ESG) investing phenomenon is undercutting the core purpose of financial institutions, jeopardizing the economic security of investors, politicizing our capital markets and private enterprises, and threatening the stability of our energy supply. Simply put, financial firms and institutional investors should be solely focused on delivering maximum financial returns to…


Banks at Greater Reputational, Legal Risk From Global Climate Pledges

News Analysis Canada’s big banks have been incorporating climate considerations into the core of their operations, but are starting to get nervous about the legal and reputational risks stemming from commitments made to global climate-related coalitions they voluntarily joined. Much of the issue centres on financing high-emitting sectors, with global alliances taking a much harsher…


Canada’s Climate Finance Record a Hint at Global Initiative’s Challenges

Climate finance, one of the pillars of the UN climate conference, has a number of shortcomings for which Canada’s experience in the arena can provide some lessons.