Resources for Policy Makers
Our robust legal research allows the team to provide specific policy recommendations that can help policy makers in developing policies related to directors’ duties and climate change, including climate-related disclosures.
Submission to Finance Canada: Pre-budget consultations in advance of the 2025 spring federal budget
Pre-budget consultations are an opportunity for Canadians from across the country to contribute to shaping the Government of Canada’s policies and priorities for Canada’s future. The Canada Climate Law Initiative submitted recommendations to Finance Canada regarding priorities for the spring 2025 federal budget. We make three suggestions to improve federal management of climate-related financial risks […]
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 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 moreGuardrails 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 […]
Read moreSubmission 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 […]
Read moreSubmission on Strengthening the Climate Resilience and Sustainability of the Ontario Financial Services Sector
The Financial Services Regulatory Authority of Ontario (FSRAO) has an important role in supervising the integrity of the financial system. The Canada Climate Law Initiative makes this submission to request that FSRAO develop specific guidelines on the management of climate-related risks for entities in the sectors it supervises. We share seven recommendations to enhance Ontario’s […]
Read more