The City of Toronto released its first Resilience Strategy earlier this month. The strategy sets out a vision, goals, and actions to help Toronto survive, adapt and thrive in the face of any challenge, particularly climate change and growing inequities. Recognizing that true resiliency is more than keeping the lights on during extreme weather, the city’s plan […]
Canada’s largest companies are changing how they invest because of climate change
Climate Disclosure is Up Across Sectors, but Additional Progress Urgently Required
A growing number of climate disclosures are identifying more extensive climate-related risks, but also revealing the opportunities may greatly outweigh the costs for many organizations. Recent disclosure reports have confirmed this trend and identified that continued progress is required to improve information for investors and help drive towards future financial sustainability. On June 4, 2019, […]
A Look at the Impacts Highlighted in Canada’s Changing Climate Report
On April 2, 2019, the federal government released Canada’s Changing Climate Report, the first in a series of reports outlining the impacts of climate change in Canada. It immediately generated national news for reporting “temperature in Canada has increased at roughly double the global mean rate” with northern Canada warming “roughly three times” faster than the […]
The work of the NY Common Fund’s Decarbonization Advisory Panel (Part 4)
Bank of Canada Lists Climate Change as a Risk to Canada’s Economy
On Thursday, the Bank of Canada released its 2019 Financial System Review, and for the first time it listed climate change as one of the main risks to Canada’s economy and financial system. The inclusion of climate change as one of six vulnerabilities listed in the Financial System Review (FSR) comes a few weeks after the Bank […]
The work of the NY Common Fund’s Decarbonization Advisory Panel (Part 3)
The work of the NY Common Fund’s Decarbonization Advisory Panel (Part 2)
The work of the NY Common Fund’s Decarbonization Advisory Panel (Part 1)
Expensive and Now Frequent Once-a-Century Floods Shifting Conversation
As parts of Ontario, Quebec, and New Brunswick suffer from historic floods after recently cleaning up from once-in-a-century floods, political leaders are no longer taking the “we will rebuild at all costs” default position – a potential major shift in the climate adaptation conversation. While touring flooding in Constance Bay, Ontario Premier Doug Ford said of […]