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Climate-friendly companies converge to build cross-partisan consensus for the need to implement measures necessary to expedite the transition to a low-carbon economy ....
The report illustrates that Canadian asset managers are doing well with regards to responsible investment strategies but there needs to be better alignment. ....
A recent RBC report estimates that in order to catch up and meet its climate targets, Canada will need to invest $70 billion per year into green technologies such as electric vehicle (EV) infrastructure, green hydrogen, carbon capture and renewable energy production. As it stands, the country falls well short of that figure, investing just $10 billion annually. ....