Knowledge Hub
Canada’s one-stop-shop for everything related to climate governance
Consultation on Climate-related Risks in the Financial Sector
In January 2021, the Office of the Superintendent of Financial Institutions (OSFI) launched a three-month consultation with the publication of a discussion paper, Navigating Uncertainty in Climate Change: Promoting Preparedness and Resilience to Climate-Related Risks. The paper focuses on risks arising from climate change that can affect the safety and soundness of federally regulated financial institutions (FRFIs) […]
Read moreHaida law of gina ‘waadluxan gud ad kwaagiida and Indigenous rights in conservation finance
Globally, we are facing an existential threat to biodiversity from human activities that have intruded into terrestrial, aquatic, and aerial ecosystems, exacerbating global warming. The Supreme Court of Canada has held that climate change “is a threat of the highest order to the country, and indeed the world.” Corporations and financial institutions increasingly recognize the […]
Read moreConsultation on Bill C-97
The Innovation, Science, and Economic Development Canada opened a consultation on the amendments to the Canada Business Corporations Act (CBCA) to bring transparency and more effective governance to federally-regulated companies. We submitted a letter of policy recommendations in March 2021.
Read moreHow to Get Net-Zero Right: Principles, tools and steps for safe, inclusive net-zero pathways
In this report, the Pembina Institute addresses Canada’s net-zero pathways. Not all pathways are created equal, pathways to net-zero should also be guided by these essential principles: Pathways to net-zero must be anchored in science and respect a carbon budget; Pathways must prioritize early, deep, sustained, technologically feasible reductions in every sector; Pathways must define […]
Read moreLife, Health, Property, Casualty: Canadian Insurance Company Directors and Effective Climate Governance
The insurance sector is important because it provides the financial safety net for many Canadians suffering losses associated with climate impacts. Insurance coverage is the guarantee that policyholder losses will be indemnified; yet climate-related weather events are growing in severity and frequency. Severe weather damage in Canada caused $2.4 billion in insured losses in 2020, […]
Read moreSustainable finance for a safe climate: Perspectives on mobilizing capital for a swift, resilient recovery
Based on opinion data, the interviews and our analysis, the Pembina Institute is making a series of recommendations toward a financing strategy that helps integrate the E, S (and G) in ESG (environmental, social and governance indicators) by enabling private capital to flow to the technologies and projects that can maximize job creation, emissions reductions, […]
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