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NFI's Jennifer McNeill Distinguished as a Canada Climate Champion in lead up to 2021 United Nations COP26 streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
26 Canadian Climate Champions announced ahead of COP26 in UK and Canada live event To mark 6 months until COP26, the British High Commission in Canada and the Canada Climate Law Initiative are celebrating 26 Canadian Climate Champions helping to build a net-zero future. From: BHC) and the Canada Climate Law Initiative ( CCLI) announced 26 ‘Canadian Climate Champions’. They have been identified as exceptional individuals actively working to move Canada to net-zero emissions. Among those chosen are current Canadian Minister of Infrastructure and Communities and former Environment Minister, The Honorable Catherine McKenna as well as renowned environmentalist David Suzuki, Co-Founder of the David Suzuki Foundation. ....
Big finance considers climate change a major investment risk. Is your pension prepared? If you have a pension, chances are you re invested in fossil fuels. Whether or not that worries you from a climate perspective, there s a growing sense in the financial world that climate risk is tantamount to investment risk and companies not planning for a net-zero world may be a bad bet. Social Sharing Lisa Johnson · Posted: Apr 17, 2021 11:12 AM ET | Last Updated: April 17 Recurrent flooding, such as that seen in Gatineau, Que., in 2017 and 2019, is one of the physical risks of climate change that the financial world is worried will harm investments. There s also growing demand for disclosure to gauge which companies may be profitable in the low-carbon economy of the future and which won t.(Chris Wattie/Reuters) ....
Cole Burston/The Canadian Press Janis Sarra, professor of law, University of British Columbia and principal co-investigator, Canada Climate Law Initiative Climate change has become a prudential risk for Canadian insurance companies, requiring their attention as a fundamental business issue. Insurers are somewhat unique in that they have to manage climate-related risks on both sides of the balance sheet. On the asset side, insurers are significant investors and there are numerous risks to their portfolios as countries transition to net-zero carbon emissions. On the liabilities side, more frequent and severe wildfires, flooding, heatwaves and other acute and chronic events are increasing claims volumes while the probabilities of occurrence and severity of effects are becoming harder to price. ....
Article content Mark Machin faced a virtual grilling last June, when the then-chief executive officer of the Canada Pension Plan Investment Board logged on for a meeting of the House of Commons finance committee. For about two hours, federal politicians peppered Machin with questions: What is the position of CPPIB vis-a-vis China? Would the Crown corporation consider an environmental audit of its investments? What percentage of the now-$476-billion CPP fund was in Quebec compared to the rest of Canada? We apologize, but this video has failed to load. Try refreshing your browser, or Welcome to the fishbowl : As CPPIB assets grow, increased scrutiny may be the new normal Back to video ....