Blog

Last week, I had the opportunity to participate in several interesting events in and around Climate Week in New York. The discussions were important as we all consider the work needed to keep 1.5 alive and live up to the necessary ambition under the Paris Agreement.

Climate change is the existential crisis. As its effects are felt more broadly, we increasingly see how all aspects of society are being impacted: the environment, the economy, health care, transportation and immigration. Commitments to net zero are being across all sectors of the economy, but are we going as far, deep and fast we need to? 

As COP26 moves into its second week, there is a clear consensus that we are running out of time to tackle what’s been described as the greatest challenge of our time. Yet there is optimism in Glasgow. We know it will take major change — and major investment — to truly address climate change. Consensus abounds that resources from both public and private sectors must be brought to bear in a meaningful way.

On March 22, 2021, FinDev Canada joined more than 100 leading financial institutions that are already part of PCAF and committed to measure and disclose the GHG emissions associated with our loans and investments.

Through our green growth initiatives, we work side-by-side with firms that are developing and implementing climate solutions focused on both mitigation and adaptation