Archive

Sound climate risk management needs sound measurement, says Macklem

Bank of Canada governor Tiff Macklem said that robust measurement of climate risk in the economy is required to manage the "accelerating" risk posed by climate change and the transition to a low-carbon economy, with global initiatives starting to "bear fruit".

ESG news round-up: Calvert joins Morgan Stanley; CofE drops ExxonMobil; HSBC in net-zero pledge

Tiff Macklem appointed governor of Bank of Canada

Tiff Macklem, former deputy governor of the Bank of Canada and current Dean of the Rotman School of Management at the University of Toronto, has been appointed to lead the central bank.

A Canadian take on sustainability

Canada's resource-intensive economy can be a sustainability transition model for others, Tiff Macklem, chair of Canada's Expert Panel on Sustainable Finance, tells Michael Hurley

Introduce tax exemption for green bond investors, Canada told

Canada’s government has been encouraged to establish a comply-or-explain approach to climate-related disclosures, introduce tax incentives to encourage green bond issuance and develop a ‘transition-oriented’ taxonomy.

Canada seeks more opportunities in sustainable finance

An Expert Panel on Sustainable Finance has been set up by the Canadian government to help the country's businesses exploit new opportunities in clean energy and other climate-related activities.