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Jun 26th, 2024

The Wealth of Wetlands: Measuring the Economic Value of Two Critical Ecosystem Services in Canada

Canada’s vast tracts of nature are a valuable asset that has not been properly accounted for. The Institute for Sustainable Finance researchers examined the natural services provided by wetlands in Canada and calculated that they contribute roughly $225-billion in value each year by filtering water and sequestering carbon, equal to around 10% of GDP. However, […]

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Jun 24th, 2024

Guardrails to address greenwashing of climate transition finance

ClientEarth’s paper sets out clear guidelines for policymakers to plug the global regulatory gap in climate transition financing and tackle the rise of greenwashing in the market. The paper is the first in-depth analysis of ‘transition-washing’, or greenwashing, in labelled transition finance. It recommends practical policy measures to raise market standards and ensure capital flows […]

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Jun 4th, 2024

IFRS 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 […]

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May 31st, 2024

Climate Change and Human Health: A Synthesis of Scientific Research and State Obligations Under International Law

This report synthesizes the latest scientific research on the human health effects of climate change and discusses the legal implications of this research, specifically with regards to State obligations under international law. In doing so, the report seeks to provide insights on issues to be analyzed by the International Court of Justice (ICJ) in its […]

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May 28th, 2024

Integrating Nature in Climate Scenario Analysis for Enhanced Resilience

This Canadian Institute of Actuaries (CIA) report discusses the issue of nature-related risk as an important consideration that must be included in climate risk analysis, framework development and reporting. It demonstrates the necessity of considering biodiversity loss and ecosystem degradation alongside climate risk.

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May 23rd, 2024

Submission to the Canadian Sustainability Standards Board on CSDS 1 and CSDS 2

In our submission to the Canadian Sustainability Standards Board (CSSB) consultation on proposed Canadian Sustainability Disclosure Standard (CSDS) 1 General Requirements for Disclosure of Sustainability-related Financial Information (CSDS 1) and CSDS 2 Climate-related Disclosures (CSDS 2), we make three recommendations: 1. The CSSB should fully adopt IFRS S1 and IFRS S2 in CSDS 1 and […]

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