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Sustainable Finance 101: Transforming Finance for a Sustainable Future

Enviromental Defense

Canada promised to cut its greenhouse gas emissions after the 2016 Paris Agreement. It was part of the global agreement where 195 countries all agreed to reduce their emissions, and Canada has set this promise into law. Rather, they need to have proper plans on how they will build clean energy across the country.

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Milieudefensie v Shell: 3 Takeaways and Challenges on the Appeal’s Court Decision

Law Columbia

Shell is well on track to meet its own (rather ambitious) targets for reducing Scope 1 and 2 emissions by 50% below 2016 levels by 2030. As a result, the Court found that Shells proposed investments in new fossil fuel production, including liquified natural gas facilities, could have the effect of seriously delaying the energy transition.

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GROWING CONCERN AROUND RBC’S PURCHASE OF HSBC CANADA PROMPTS LAUNCH OF ‘STOP THE RBC TAKEOVER’ CAMPAIGN

Enviromental Defense

RBC has contributed over $340B (CAD) in fossil fuel financing since the Paris Climate Agreement was signed in 2016, making it one of the world’s largest funders of the companies and industries driving climate change. “If

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A new climate litigation claim in Brazil raises the pressure for increased climate action and protection of the Amazon rainforest

Law Columbia

According to the petitioner, as a signatory to the Paris Agreement Brazil has committed to various duties to mitigate climate change. Through the Nationally Determined Contribution (NDC) published in 2016, Brazil committed to reducing GHG emissions by 37% by 2025 and by 43% by 2030 as compared to a 2005 baseline.

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Memo to JPMorgan Chase Shareholders: Stop Banking on Climate Chaos

Union of Concerned Scientists

Spring is a time of new beginnings, and this spring scientists are calling for financial institutions to start doing their part to limit the worst impacts of climate change and hasten a just, equitable transition to clean energy. Those three alone borrowed more than $200 billion between 2016 and 2021. degrees Celsius (2.7

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Banks Continue to Prop Up the Fossil Fuel Industry

Union of Concerned Scientists

In response to the report, the bank told TBIJ that its investments remain “science-based,” under a presumption that “net zero-aligned scenarios require continued, though declining, financing of fossil fuel supplies to meet energy demand, security, and affordability during the transition.” It was another corporate spit in the face of science.

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November 2017 Updates to the Climate Case Charts

Law Columbia

Peabody, a coal company, filed for bankruptcy in April 2016 and emerged from bankruptcy under a plan that became effective on April 3, 2017. 34-2016-CR-00187 (N.D. Murray Energy Sought Supreme Court Review of Fourth Circuit’s Dismissal of Clean Air Act Jobs Study Case. Foster , No. decision Sept. 29, 2017; verdict Oct.

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