29-14 Final Report of the Expert Panel on Sustainable Finance. Mobilizing Finance for Sustainable Growth

Summary

This Final Report of the Expert Panel - Mobilizing Finance for Sustainable Growth - presents a package of recommendations aimed at aligning mainstream financial activities with the transition to a competitive low-emissions, climate-smart economy. The recommendations derive from extensive cross-country consultations and international discussions undertaken over the last year. Together, they reflect a widely held view that accelerating the transition to a sustainable economy in Canada will require a fundamental restructuring of multiple market, economic and institutional systems. Though the recommendations center on finance, in some cases it is necessary to address the underlying behaviours and practices for financing to be attracted to the right places, and achieve its targeted impact

Thumbnail image for This Final Report of the Expert Panel - Mobilizing Finance for Sustainable Growth - presents a package of recommendations aimed at aligning mainstream financial activities with the transition to a competitive low-emissions, climate-smart economy. The recommendations derive from extensive cross-country consultations and international discussions undertaken over the last year. Together, they reflect a widely held view that accelerating the transition to a sustainable economy in Canada will require a fundamental restructuring of multiple market, economic and institutional systems. Though the recommendations center on finance, in some cases it is necessary to address the underlying behaviours and practices for financing to be attracted to the right places, and achieve its targeted impact

Issuer

Canada

Year

2019

Region

North America

Issuer (type)

Environment and Climate Change Canada (Government)

Policy Type

Disclosure

Geographical scope

National

Mandatory or voluntary

Voluntary

Global Reporting Initiative (GRI)

Other

Main industries targeted

Finance & Insurance
Mining, Quarrying, Oil & Gas Extraction
Construction
Transportation & Warehousing

Restrictiveness

Moderate

Sustainable Development Goals (SDGs)

SDG 2: Zero Hunger
SDG 4: Quality Education
SDG 7: Affordable and Clean Energy
SDG 8: Decent Work and Economic Growth
SDG 9: Industry, Innovation, and Infrastructure
SDG 10: Reduced Inequality
SDG 11: Sustainable Cities and Communities
SDG 12: Responsible Consumption and Production
SDG 13: Climate Action
SDG 15: Life on Land
SDG 16: Peace, Justice, and Strong Institutions
SDG 17: Partnerships for the Goals