Archive

Canadian business falling behind in absence of climate transition plans, investors say

Canadian industry is trailing international peers on climate finance in the absence of common expectations on 'credible' transition planning, a group of investors and companies has warned.

Canadian financial institutions back initiative for 'credible transition plans'

Biggest drawback of CSA's disclosure 'pause' is delay to assured data, investor says

Investors expecting an uplift in the quality of climate-related data face a longer wait for this to be independently assured and brought on par with conventional financial disclosures, after Canadian regulators' decision to 'pause' rules, according to Mackenzie Investments.

Financial institutions say Canada anti-greenwashing rule has reduced access to ESG data

Financial institutions have warned the Canadian government that a recently introduced anti-greenwashing rule has led companies to withdraw from their websites the sustainability-related information investors require.

World Bank issues landmark Amazon reforestation-linked bond

The World Bank has raised $225 million from its biggest ever outcomes-based bond that links its coupon payments to verified carbon removal credits generated by reforestation projects in the Amazon rainforest in Brazil.

World Bank issues $100m plastic waste reduction-linked bond

The World Bank has raised $100 million from a ground-breaking outcomes-based bond that links its coupon payments to verified plastic and carbon credits generated by projects in Ghana and Indonesia.