Knowledge Hub
Canada’s one-stop-shop for everything related to climate governance
Scenarios for Assessing Climate-Related Risks: New Short-Term Scenario Narratives
The need for short-term scenarios for climate scenario analysis has grown rapidly in recent years as financial institutions acknowledge the necessity of integrating climate commitments into their short-term planning strategies and addressing climate risks in the near term. This report, and the accompanying short-term climate scenarios tool, aim to identify short-term climate scenario narratives for […]
Read moreAligning corporate value chains to global climate goals
This discussion paper offers an overview of the status and current practices of scope 3 target setting among companies with SBTi-validated targets. It discusses the challenges and opportunities associated with scope 3 target setting and explores potential solutions to enhance the effectiveness and impact of value chain decarbonization.
Read moreInteroperability mapping between the GRI Standards and the TNFD Recommended Disclosures and metrics
Global Reporting Initiative (GRI) and the Taskforce on Nature-related Financial Disclosures (TNFD) published a joint interoperability mapping resource that gives a detailed overview of alignment between the TNFD Disclosure Recommendations and metrics and the GRI Standards. The TNFD and GRI have developed a guidance document and correspondence table to help GRI’s 14,000 reporters globally align […]
Read moreCultivating effective climate governance: A guide for small farm corporations in Canada
Planning for climate change, beyond the farmgate and the immediate crop season, is the purpose of this guide, intended for farms smaller than 5,000 hectares (12,355 acres). Directors of smaller farm corporations need to have effective climate governance in place and consider climate-related risks and opportunities in their decision-making to ensure the farm business they […]
Read moreSubmission to the House of Commons Standing Committee on Finance for the Pre-budget Consultations in Advance of the 2025 Federal Budget
The Canada Climate Law Initiative makes three recommendations to the Finance Committee regarding priorities for the next federal budget in this submission. We believe three key policy changes can effectively amplify federal action on the management of climate-related financial risks and opportunities, and help support a sustainable economy for Canadians.
Read moreStocktake on Nature-related Risks: Supervisory and regulatory approaches and perspectives on financial risk
The Financial Stability Board (FSB) conducted a stocktake of regulatory and supervisory initiatives associated with the identification and assessment of nature-related financial risks, including an investigation of the perception of central banks and supervisors regarding whether nature degradation, such as biodiversity loss, is a relevant financial risk. The stocktake summarizes current and planned regulatory and […]
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