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Canada is falling behind in global race to attract sustainable investments: Guilbeault

Corporate Knights

Canada is lagging in its efforts to drive private capital into sustainable investments to finance solutions on climate change and other environmental challenges. Moreover, she added, having a climate plan is “synonymous with having an economic plan; it is synonymous with having a jobs plan.”

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How Millennials Can Make an Impact With Their Money

3BL Media

According to a 2021 survey by Morgan Stanley, 99 percent of millennials surveyed were interested in sustainable investing, an all-time high. Interest in sustainability persisted despite the COVID-19 pandemic and climate change is the key focus.

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Feds roll out climate requirements for companies that receive big government contracts

Corporate Knights

At the GLOBExCHANGE conference, Treasury Board President Mona Fortier and Environment Minister Steven Guilbeault announced that companies wanting to supply the federal government on contracts worth more than $25 million will need to comply with new climate change requirements. C scenarios, Routledge said.

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Solvency II: Roadblocks to Sustainable Investments Remain Despite Reforms

Chris Hall

UK ministers enthuse about the post-Brexit potential to unleash a new wave of green investment, but not everybody is convinced. But Salkeld at ShareAction called for a much more active approach from the authorities to encourage this newly-released money into sustainable investments. “We

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EU ‘green’ label for gas and nuclear sparks sustainable investing crisis

Corporate Knights

When I led Canada’s Social Investment Organization (SIO) in the early 2000s, one of our most important debates concerned the question of whether the organization should develop an industry-wide label for socially responsible investment, as sustainable investing was called back then.

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Take Five: Into the Stratosphere

Chris Hall

Many of the difficulties stem from how multilateral development banks (MDBs) operate and interact with the private sector, but one channel for private investment flows was also flagged as problematic this week. Perhaps more significant was the African Development Bank’s US$750 million issuance, which attracted 275 investors.

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New hydropower certification and labeling scheme launched

Renewable Energy World

To meet the critical challenge of climate change, we urgently need greater investment in renewable energy such as hydropower,” Dr Khosla said. Due to the scale of investment required, the hydropower sector needs a credible, transparent certification scheme that will incentivise the best projects.