Knowledge Hub
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Submission to Finance Canada as part of its Pre-budget Consultations in Advance of the upcoming 2025 Fall Federal Budget
In alignment with Prime Minister Carney’s call to have “a climate policy that is unifying, credible, and predictable; that reduces emissions, drives investment, and builds the economy of the future”, the following recommendations can amplify federal action in attracting capital towards sustainable economic activities and strengthening Canada’s economy by enhancing the management of climate-related financial […]
Read moreFinancial Institutions Net-Zero Standard
The Science Based Targets initiative’s (SBTi) Financial Institutions Net-Zero Standard is a science-based, robust, and credible framework that enables financial institutions to align financial flows with pathways to limit global warming and achieve net-zero emissions by no later than 2050. Created in consultation with and tested by financial institutions, the Standard is designed for institutions […]
Read moreIFRS S2 Adoption by Jurisdiction
Summary The International Sustainability Standards Board (ISSB) announced that “[c]lose to 400 organisations from 64 jurisdictions have committed to advancing the adoption or use of the International Sustainability Standards Board’s climate-related reporting at a global level” at the COP28. The Canada Climate Law Initiative (CCLI) has conducted research into the jurisdictional adoption of the International […]
Read moreLegal opinion: Nature-related risks and the duties of directors of Canadian corporations
Canadian directors have a legal duty to address risks stemming from biodiversity loss, freshwater stress, ecosystem degradation, and extreme weather. Failing to do so could expose them to a range of legal action including shareholder and creditor lawsuits as well as greenwashing and negligence claims. These are the findings of a new legal opinion authored […]
Read MoreSubmission to BC’s Ministry of Energy and Climate Solutions for the CleanBC Review
The Canada Climate Law Initiative welcomes the opportunity to provide feedback on how British Columbia (BC) can further strengthen its climate ambition by aligning financial and corporate regulation with CleanBC’s objectives. CleanBC—the government’s roadmap to reduce climate-changing emissions by 40% below 2007 levels by 2030—has already delivered a suite of targeted programs, including climate-focused capital […]
Read moreSubmission to the Standing Committee on Finance’s Pre-budget Consultations in Advance of the Upcoming 2025 Fall Federal Budget
The Canada Climate Law Initiative shares recommendations to the Standing Committee of Finance on the upcoming federal budget. We make three recommendations to amplify federal action on climate-related financial risks and opportunities, moving capital towards sustainable economic activities, and strengthening Canada’s economy: 1. Amend Canada Business Corporations Act Regulation SOR/2001-512 to include a new sub-section: […]
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