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.

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 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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May 8th, 2024

Submission 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 […]

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Apr 11th, 2024

Progress and priorities: Reviewing sustainability in key pension systems

Pension funds are long-term investors and their ability to generate long-term returns relies on the performance of the markets and economies in which they invest. Because sustainability factors such as climate change and biodiversity loss threaten the performance of the markets and economies on which they rely for financial returns, pension funds have a responsibility to […]

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Apr 9th, 2024

Committed and actual federal government climate spending

Analysis from a report from Corporate Knights’ Climate Dollars initiative shows that the Canadian federal government is at least $14 billion behind on rolling out the climate funding it had committed to spending by now. And since 2015, there has been a 30% shortfall between what the government has committed to spending on climate and […]

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