At COP 28 in Dubai, the Finance Initiative of the United Nations Environment Program and the International Labour Organization released a new report entitled Just Transition Finance: Pathways for Banking and Finance. Among other things, this guide for financial institutions to: “Tailor products to support place-based just transition priorities and invigorate local economies; promote investments…(Read more)
Tag: climate change
COP 28: Where are the Workers?
Writing on the McLeod Group blog site, Edward Jackson, President of E.T. Jackson and Associates, notes that workers and their organizations are on the sidelines of COP 28 deliberations. However, he argues that net zero and a just energy transition are unachievable without the expert knowledge of workers and the participation of trade unions in…(Read more)
Scaling Gender Change in Canadian Climate Finance in Developing Economies
Global Affairs Canada has released a new report entitled A Journey of Purpose: Learning to Scale Gender Change in Canadian Climate Finance in Developing Economies. Authored by Dr. Edward Jackson for the Department’s Climate Finance Division, the discussion paper examines Canada’s USD 3B long-term debt portfolio with multilateral banks and funds aimed at financing major…(Read more)
US to Triple Climate Change Spending over the Next Ten Years
The World Economic Forum has underscored the significant commitment by the federal government in the United States to triple spending on climate change over the next ten years. Citing a new report by RMI, WEF notes that: “The Infrastructure Investment and Jobs Act, CHIPS and Science Act, and the Inflation Reduction Act include more than…(Read more)
Getting Climate Disclosure Right
Writing in the Globe and Mail, Jim Leech and Sean Cleary of the Institute for Sustainable Finance at Queen’s University applaud the Canadian Securities Administrators proposal for new rules on climate disclosure for Canadian companies which align with most of the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD). However, the authors argue…(Read more)