Exciting updates from today’s Government of Canada announcement! 🇨🇦 https://lnkd.in/gF76Gy6K 💚 One of the standout aspects for me is the inclusion of transition economic activities, broadening the focus beyond just “green” initiatives. This more inclusive approach will empower industries to evolve sustainably while recognizing the complexities of transformation. Additionally, aligning private companies with the financial disclosure requirements of public companies is a crucial step forward in enhancing transparency and accountability across the board. For us at 7 Centre, we’ve been preparing to support businesses of all sizes as they gear up for the information needed to access government incentives. For SMEs in Canada, these guidelines are particularly important because they open up opportunities for green financing and low-carbon projects. Businesses that align with these standards can secure new funding, enhance competitiveness, and contribute to decarbonizing high-emission sectors. There’s still much work ahead, but this is a pivotal moment for Canada’s economic resilience and sustainability. Government of Canada Connect with our team today, and Open to the World! https://lnkd.in/gGJFZeGF https://lnkd.in/gFbbj_AZ
Tanya Seajay, MCM, ICD.D’s Post
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🌍 Exciting developments in Canada’s climate strategy! The Government of Canada is taking bold steps towards achieving net-zero emissions by 2050, with an annual investment target of $125 to $140 billion. Key highlights from today’s announcements at the Principles for Responsible Investment conference include: ✅ $93 Billion in Economic Tax Credits: Aimed at attracting investments to our clean economy. ✅ Sustainable Finance Taxonomy: New guidelines will classify “green” and “transition” investments, providing the certainty needed for private capital flow. ✅ Mandatory Climate Disclosures: Large federally incorporated private companies will be required to disclose climate-related financial information, ensuring transparency and better risk management. These initiatives not only position Canada as a leader in sustainable finance but also support job creation and economic resilience in a rapidly changing climate landscape. Together, we’re building a flourishing Canadian sustainable finance industry that aligns with our commitment to the Paris Agreement. Let’s accelerate the journey to a net-zero future! 💚 #ClimateAction #SustainableFinance #NetZero #Canada #Investment https://lnkd.in/gpQmjrjp
Government advances Made-in-Canada sustainable investment guidelines and mandatory climate disclosures to accelerate progress to net-zero emissions by 2050
canada.ca
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📢 Important #sustainablefinance announcement today! Today Minister Chrystia Freeland announced important progress to advance on two critical initiatives that enable alignment of private financial flows with our net zero goals. They may not sound sexy but they lay important groundwork for mobilizing much-needed private sector #finance, for the #netzero transition. These will ensure Canadian companies remain competitive in the race to #netzero. 1. Made-in-Canada sustainable investment guidelines, or a #taxonomy, that would be developed by an expert, independent body and be aligned with limiting temperature rise to 1.5. The final decision of what activities would be eligible to be considered "green" or "transition" will be made by an independent, expert body. 2. Amending the Canada Business Corporations Act (CBCA) to require disclosures of climate-related financial information, from large private businesses. This will boost transparency for shareholders to ensure they make better decisions that consider climate risks and opportunities. https://lnkd.in/ewsMhquu
Government advances Made-in-Canada sustainable investment guidelines and mandatory climate disclosures to accelerate progress to net-zero emissions by 2050
canada.ca
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#DYK that the Clean Economy Investment Tax Credits (ITCs) represent $93 billion in federal incentives by 2034–35? These ITCs will play an essential role in attracting investment and supporting Canadian #cleantech and #cleanenergy. “Clean technology innovation and projects will be a key driver of how we decarbonize, create jobs and bring investment to Canada as we build a prosperous net-zero economy in 2050,” said Jonathan Wilkinson, Minister of Natural Resources. “Canada’s Investment Tax Credits will reduce emissions and create hundreds of sustainable jobs for Canadians, exemplifying how climate action and economic growth go hand in hand.” Our NRCan | Notre RNCan Natural Resources Canada (NRCan) Canada Revenue Agency - Agence du revenu du Canada Environment and Climate Change Canada CleanTech North Ontario Clean Technology Industry Association Canada Cleantech Alliance https://lnkd.in/grquhQGN
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🌱 **𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐈𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠 𝐢𝐧 𝐂𝐚𝐧𝐚𝐝𝐚: 𝐆𝐫𝐞𝐞𝐧 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬** 🌍 In Canada's changing investment landscape, HNWIs are increasingly backing green technologies for their strong financial returns and significant environmental benefits, supporting the country's climate goals. Sustainability is now a crucial investment area where organizations can gain competitive advantages and genuine returns. 🔋 **𝐖𝐡𝐲 𝐈𝐧𝐯𝐞𝐬𝐭?** 1. **𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡**: Rapid growth driven by demand and innovation. 2. **𝐊𝐞𝐲 𝐀𝐫𝐞𝐚𝐬**: Renewable energy, energy storage, electric mobility, sustainable agriculture, and waste management. 3. **𝐈𝐦𝐩𝐚𝐜𝐭**: Contribute to climate action and environmental conservation. 📈 **𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐈𝐧𝐜𝐞𝐧𝐭𝐢𝐯𝐞𝐬:** - Government subsidies and incentives. - Consumer preference for sustainability. - Long-term stable returns. Investing in green technology allows for a path towards a sustainable future. Let's leverage our resources to support innovations that foster both financial growth and environmental stewardship. 🌿 **What are your thoughts on the future of sustainable investing in Canada? Do you see it as a key driver for economic growth and environmental conservation? Share your insights!** #SustainableInvesting #ClimateGoals #GreenTechnologies #Investing #HNWI Special mention to: Smart Prosperity Institute Green Economy Canada CAGBC | Canada Green Building Council Canadian Green Fund Inc.
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🌍 Exciting news from the Canadian government! On October 9, 2024, Deputy Prime Minister Honourable Chrystia Freeland announced new sustainable investment guidelines and mandatory climate disclosures aimed at accelerating Canada’s path to net-zero emissions by 2050. With a focus on attracting $125-$140 billion in annual investments, these initiatives will provide clear frameworks for identifying “green” and “transition” investments, enhancing market certainty. The goal of requiring large companies to disclose climate-related risks is to ensure transparency and accountability in the race towards a sustainable economy. As the Deputy Prime Minister, honourable Chrystia Freeland emphasized, “In the 21st century, a competitive economy is a net-zero economy.” This is a tremendous opportunity for Canada to seize its economic advantages, create good jobs, and advance our progress toward net-zero emissions. Building a cleaner economy is not just an environmental imperative, it’s a major economic opportunity. As Honourable Steven Guilbeault noted, these guidelines will mobilize the necessary private sector financial flows, providing clear direction for investors seeking sustainable options. As someone with a background in finance and sustainability, I find this particularly thrilling. The changes announced signal to investors that Canadian companies are taking real action to address the climate crisis while driving economic growth. Let’s embrace this momentum towards a greener economy and position Canada as a global leader! 💚✨ #SustainableFinance #NetZero #ClimateAction #Canada https://lnkd.in/gDN9AE7F
Government advances Made-in-Canada sustainable investment guidelines and mandatory climate disclosures to accelerate progress to net-zero emissions by 2050
canada.ca
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🌱 **𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐈𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠 𝐢𝐧 𝐂𝐚𝐧𝐚𝐝𝐚: 𝐆𝐫𝐞𝐞𝐧 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬** 🌍 In Canada's changing investment landscape, HNWIs are increasingly backing green technologies for their strong financial returns and significant environmental benefits, supporting the country's climate goals. Sustainability is now a crucial investment area where organizations can gain competitive advantages and genuine returns. 🔋 **𝐖𝐡𝐲 𝐈𝐧𝐯𝐞𝐬𝐭?** 1. **𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡**: Rapid growth driven by demand and innovation. 2. **𝐊𝐞𝐲 𝐀𝐫𝐞𝐚𝐬**: Renewable energy, energy storage, electric mobility, sustainable agriculture, and waste management. 3. **𝐈𝐦𝐩𝐚𝐜𝐭**: Contribute to climate action and environmental conservation. 📈 **𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐈𝐧𝐜𝐞𝐧𝐭𝐢𝐯𝐞𝐬:** - Government subsidies and incentives. - Consumer preference for sustainability. - Long-term stable returns. Investing in green technology allows for a path towards a sustainable future. Let's leverage our resources to support innovations that foster both financial growth and environmental stewardship. 🌿 **What are your thoughts on the future of sustainable investing in Canada? Do you see it as a key driver for economic growth and environmental conservation? Share your insights!** #SustainableInvesting #ClimateGoals #GreenTechnologies #Investing #HNWI
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With still a month left, we have only a few available seats. 🙏 Come 14th August 2024, Eco-Business will once again host our annual flagship #sustainablefinance event, Unlocking capital for sustainability, in partnership with the United Nations Environment Programme Finance Initiative (UNEP FI). In the Philippines, the forum is themed, "The new nexus for energy and nature." Purposefully going for an unconference style this year, UCFS PH will be hosted at the lovely Manila House BGC, offering an opportunity for more up-close conversations on highly relevant topics, such as the carbon pricing mechanism and how this will impact critical sectors like #energy, #infrastructure, and #buildings. From the national adaptation plan to the national capital accounting law to the pending low-carbon economy bill, It's been heartening to see #climate regulations recently passed or currently under discussion in the #Philippines, but how these will translate into the country's progress in the low-carbon economy transition remains to be seen. Hear directly from finance leaders, including from the Department of Finance Philippines, Bangko Sentral ng Pilipinas, and Securities and Exchange Commission Philippines, on how businesses and stakeholders can navigate the country's #decarbonisation journey, and how to make this both an investible opportunity and a driver for #sustainabledevelopment. We are thankful to our partners and speakers whose support made it possible for us to host this forum. Secure the last remaining seats! Join us at Unlocking capital for sustainability Philippines 2024! https://lnkd.in/geZgUpm8 BDO Unibank GHD Pollination NEO Office PH Energy Development Corporation Global Green Growth Institute RepRisk Centre for Asian Philanthropy and Society (CAPS) UNDP Asia Investor Group on Climate Change (AIGCC)
UCFS Philippines 2024 - Aug 14, 2024
unlockingcapitalforsustainability.com
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GUYANA has been once again dubbed as a prime investment destination with the multitude of sustainable investment opportunities that are available for investors in the oil-and-gas sector, housing, construction, agriculture and other key sectors. https://lnkd.in/eYKFRaxV
Guyana dubbed as ‘prime investment’ destination
https://guyanachronicle.com
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The Rise of Green Bonds in Canada: A Sustainable Investment Opportunity Canada is seeing a significant increase in the issuance of green bonds, as both governments and corporations aim to fund environmentally friendly projects. Green bonds are designed to support renewable energy, energy efficiency, and other sustainable initiatives. Why consider green bonds? -Environmental Impact:Your investment supports projects that contribute to a cleaner, more sustainable future. - Diversification:Green bonds offer an opportunity to diversify your portfolio with investments that have both financial and environmental benefits. - Growing Market:The demand for green bonds is increasing, potentially leading to favorable returns for investors. For those looking to align their financial goals with their values, green bonds are becoming an attractive option. Have you considered adding green bonds to your investment strategy? Share your thoughts below! #FinanceCanada #GreenBonds #SustainableInvesting #FinancialPlanning #InvestingTips
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Canada’s Bold Moves in Carbon Management: A Model for the Future Canada is making headlines with its robust commitment to carbon capture and utilization (CCU). Through federal policies and strategic investments, the government is laying the groundwork for a low-carbon future. Here’s a closer look at how these initiatives are reshaping the CCU landscape and creating opportunities for innovation and growth. Key Policy Highlights Investment Tax Credit: Approved by Parliament in June, the tax credit incentivizes industries to adopt carbon capture solutions, making projects more economically viable. Federal Carbon Price: Raised to CA$80 per tonne in April, this pricing mechanism drives businesses to prioritize sustainability while ensuring economic growth. Innovative Financing Mechanisms Canada Growth Fund: Two Carbon Contracts for Difference (CCFD) have been established to de-risk CCS projects by providing price certainty, boosting investor confidence. These contracts signal Canada’s commitment to scaling carbon management technologies and fostering public-private collaboration. A Strong Signal to Investors Canada’s approach showcases how a mix of fiscal incentives and innovative policies can attract global investors. The CCFDs reduce market uncertainty, opening doors for incubators, startups, and global players to participate in Canada’s decarbonization journey. Global Implications By linking sustainability with economic competitiveness, Canada is setting an example for nations striving to meet net-zero goals. Switzerland’s involvement underscores the potential for cross-border partnerships in advancing climate solutions. Canada’s CCU strategy is more than policy—it’s a roadmap for how nations can balance environmental responsibility with economic progress. It’s time to seize these opportunities and redefine the future of carbon management. #CarbonCapture #CCUStrategy #NetZero #SustainableInvesting #CanadaDecarbonization #ClimateLeadership #InnovationInEnergy #CarbonContracts #CleanEnergyFuture #ClimateSolutions #NetZeroGreenBharat #CarbonHydrogenX
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