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Free Virtual Event: Financing Canada’s climate-smart economy

The Institute for Sustainable Finance launched the Capital Mobilization Plan for a Canadian Low Carbon Economy on Tuesday, Sept. 29, featuring landmark research to provide a concrete, data-driven capital blueprint for Canada’s low carbon transition. The plan highlights that cooperation between the public sector, private sector, and financial system is critical to securing investments needed to meet Canada’s 2030 climate targets.

“What gets financed, gets built,” says Ryan Riordan, co-author of the report and associate professor at the Smith School of Business. “This is the heart of the financial sector’s role in helping Canada achieve a more competitive, climate-smart economy.”

Responding to a foundational recommendation from Canada’s Expert Panel on Sustainable Finance, the report represents the first critical effort to close the knowledge gap around the scale of Canada’s low carbon investment opportunity.

“Public and private investors need a solid grasp of that investment horizon. That’s the starting place: a sound and rigorous analysis that shows how and where capital needs to flow,” says Dr. Riordan, who will be participating in a special online discussion on the topic on Wednesday, Sept. 30 from 12-1 p.m.

Hosted by Canadian Club Toronto, in partnership with the Institute for Sustainable Finance, the event will be moderated by Shawn McCarthy, former global energy reporter for The Globe & Mail.Along with Dr. Riordan the expert panel features: Martha Hall Findlay, Chief Sustainability Officer, Suncor Energy Inc.; Craig Stewart, Vice President, Federal Affairs, Insurance Bureau of Canada; Carlyle Coutinho, President, Enwave North America. The Institute for Sustainable Finance will present key findings from its report as well.

Sponsored by Queen's University, the event is free to all attendees. Visit the Canadian Club of Toronto website to register.