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来源类型 | Papers |
规范类型 | 论文 |
来源ID | CIGI Paper No. 217 |
Strategies for Integrating the Canadian Financial Sector into Financing the Transition to a Low-carbon Economy | |
Olaf Weber; Truzaar Dordi; Vasundhara Saravade | |
发表日期 | 2019-06-19 |
出版年 | 2019 |
语种 | 英语 |
摘要 | This paper presents policy alternatives that could incentivize the Canadian financial sector to invest in the transition to a low-carbon economy. The results and recommendations are based on an inductive analysis, which summarized the existing regulatory landscape on climate finance, and a practitioner survey, which ranked a collection of regulatory strategies based on their feasibility in the Canadian context. Canada’s expert panel on sustainable finance suggests that climate change is a significant risk for financial sector stability and that Canada’s financial sector could benefit from more effective and consistent regulation on climate-related financial issues. The results of this study suggest that practitioners from the Canadian financial industry perceive all 13 regulatory measures as feasible and favourable. Public guarantee funds are perceived to be the most favourable, followed by enhanced fiduciary duty requirements in asset management, green bond issuance, standardized reporting and enabling incentive mechanisms. There is some evidence that practitioners are less in favour of top-down regulatory policies or working with public institutions through shared climate funds or partnerships. This suggests that financiers prefer to maintain autonomy in finding and utilizing business opportunities, yet value regulation that reduces their own risk. |
主题 | Environment & Energy ; Trade & Finance |
子主题 | Central Banking & International Finance ; Climate Change |
URL | https://www.cigionline.org/publications/strategies-integrating-canadian-financial-sector-financing-transition-low-carbon |
来源智库 | Centre for International Governance Innovation (Canada) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/180760 |
推荐引用方式 GB/T 7714 | Olaf Weber,Truzaar Dordi,Vasundhara Saravade. Strategies for Integrating the Canadian Financial Sector into Financing the Transition to a Low-carbon Economy. 2019. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
Paper no.217_0.pdf(1329KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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