Wednesday, 17 June 2015
Today, the financial sector is exposed to the physical risks associated with climate change and the impact of climate policies. Securing global financial and economic stability and scaling up low-carbon, climate-resilient investments are not conflicting, but rather mutually reinforcing, objectives.
Tuesday, 16 June 2015
Glasgow in April was cool and damp during the 19th Commonwealth Law Conference, but that didn’t stop climate change justice being a hot topic for lawyers, judges and scholars attending a panel featuring Shyam Divan, a Supreme Court of India Senior Advocate and environmental law author, together with this writer.
Monday, 15 June 2015
The new UN Paris climate agreement to be signed in December needs a climate change loss, damage and compensation mechanism and must set a more stringent 1.5 °C limit on the globe’s temperature rise.
Wednesday, 10 June 2015
Central banks, when purchasing financial assets, should consider selecting assets that will promote sustainability, including climate change mitigation and adaptation. Central banks not yet ready to factor social objectives into their decisions should at least incentivize bankers and asset managers to invest in climate mitigation activities and low-emission growth, as well as support a financial transaction tax to fund a new or established global fund for climate mitigation.
Tuesday, 9 June 2015
Climate change has been identified in recent years as an investment risk, yet existing financial reporting standards do not adequately measure and communicate these risks to investors. A climate change risk disclosure regime has emerged in response, defined by a range of voluntary, regulatory and accounting governance initiatives. In spite of its promise, this nascent regime is highly fragmented and lacks coordination and enforcement. This policy brief describes the background for the climate change risk disclosure regime and the challenges that limit its effectiveness, and presents several policy recommendations to improve its capacity to measure and communicate climate change risks.
Monday, 8 June 2015
Can a trade agreement help achieve environmental goals? The answer to this question has traditionally been mixed, even skeptical. The Environmental Goods Agreement has the potential to produce a more positive outcome.
Monday, 1 June 2015
Waterloo, Canada – June 1, 2015 – As the global climate change community gathers in Bonn, Germany for the latest talks on one of the world’s most pressing issues, experts from the Centre for International Governance Innovation (CIGI) will be available for comment and analysis on climate changes issues and the United Nations Climate Change Conference being held from June 1-11, 2015.
Thursday, 14 May 2015
Process itself--over and above the issues at stake--is a key determinant of negotiation success across all levels of climate change negotiation groups in the United Nations Framework Convention on Climate Change (UNFCCC). The author offers six axioms for chairs of negotiation groups that may lead to finding common ground and avoiding deadlocks.
T20 Conference: International Monetary and Financial Cooperation for a More Resilient and Inclusive World
Friday, 8 May 2015
“Now and over the years to come, the issues the G20 will have to confront will be as varied as there are pebbles on the beach.” This was the key message delivered by Paul Martin during the opening of the T20 conference in Ottawa from May 3rd to 5th.
Friday, 8 May 2015
There is a need to address climate change policy, or lack thereof, but what level of governance is best able to handle this colossal task? Based on the recent events hosted by CIGI’s Global Economy program, I would argue all levels of governance have a role to play in addressing climate change and the financing of sustainable policies.