Knowledge Hub
Canada’s one-stop-shop for everything related to climate governance
Task Force on Climate-related Financial Disclosures (TCFD) – Guidance on Metrics, Targets, and Transition Plans
The Metrics, Targets, and Transition Plans guidance describes recent developments around climate-related metrics and users’ increasing focus on information describing organizations’ plans for transitioning to a low-carbon economy. The guidance also describes a set of cross-industry, climate-related metric categories that the Task Force believes all organizations can disclose.
Read moreDirectors’ Liability and Climate Risk White Paper on India
Climate change as a material financial riskClimate change has garnered significant attention given that it poses a serious challenge to sustainable development. No longer is it merely within the domain of voluntary conduct on the part of corporations. Instead, it is a material financial risk that corporations encounter, thereby imposing duties on the boards of […]
Read moreUnder Water: The Costs of Climate Change for Canada’s Infrastructure
Canada’s infrastructure isn’t prepared for the climate crisis. The third report in our Costs of Climate Change series finds that Canada’s infrastructure decisions aren’t accounting for climate change. These risks are leaving Canadians under water, physically and financially, threatening our future well-being and prosperity. In response, governments can direct public and private investment toward more […]
Read moreLegal Opinion – Directors’ obligations to consider climate change-related risk in India
The Commonwealth Climate and Law Initiative (CCLI) has commissioned a legal opinion, published today, by Mr. Shyam Divan, Senior Advocate, and Ms. Sugandha Yadav and Ms. Ria Singh Sawhney, Advocates, on directors’ duties and disclosure obligations regarding climate change. The legal opinion finds that: Directors must have regard to climate change-related risks in the course […]
Read moreA Visual Conversation from South Africa: Climate Resilience and Hope for a Green Recovery Artist
As the world copes with two parallel catastrophic events—climate change and COVID-19, this article examines how visual art students in South Africa used the pandemic period to imagine a better world, a green economic recovery, and a closer connection with nature and biodiversity. The visual conversation that this new generation of artists created provides a […]
Read moreClimate-related Legal Risks for Financial Institutions: Executive Brief
Introduction Financial sector risk leaders, risk managers, and board risk committees are increasingly aware of climate-related legal risks to financial institutions. In Canada, the Office of the Superintendent of Financial Institutions (OSFI) has identified liability risk as a source of climate-related financial risk facing deposit-taking institutions, insurance companies, and pension funds. These risks include regulatory […]
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