“Many Canadian financial institutions who claim to be shifting towards sustainable finance are merely greenwashing. These institutions are only focusing on the risks climate change poses to their investments instead of looking at the impacts their investments have on climate change. For example, many investors fund climate solutions, like renewable energy, but they also need to stop funding projects that cause the climate crises. Canadian financial institutions can’t claim to be moving towards net-zero while still funding new fossil fuel projects.
Julie Segal, Senior Program Manager, Climate Finance, Environmental Defence
ARCTERN Ventures is one of the few investing in early stage cleantech startups and building market winners
Climate Innovation Capital. It’s About Carbon. We invest in and help grow innovative companies that are determined to accelerate the deployment and adoption of solutions that deliver meaningful, sustainable decarbonization across the economy.
Greenchip Financial: As resources tighten, demographics evolve and the environment degrades, a new energy economy is emerging. Fossil fuels are being replaced by more sustainable sources of energy. Changes to the way we store, transport and consume energy will create new risks and historic investment opportunities. Our sustainability thesis, combined with a proven value discipline, forge a logical path to superior investment returns.
At HoneyTree Investment Management our focus is on responsible growth. We use discipline, data and an understanding of impact to build our strategies – just like the bees
The Toronto Atmospheric Fund invests in low-carbon solutions that benefit the Greater Toronto and Hamilton Area and helps scale them up for broad implementation.
“What is missing in Canada is exactly this connection between financial activities and policy to support a transition to a low-carbon economy. What we have instead is an approach that mainly addresses sustainability and climate change from a financial risk perspective.”
Olaf Weber, Research Chair in Sustainable Finance, University of Waterloo, published March 30, 2023 on The FutureEconomy.ca