At Davos, Canadian investment leaders set timelines for climate-friendly economy

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Two Canadian investment leaders endorsed a transition to clean energy at a virtual Davos World Economic Forum on Wednesday, as more investors worldwide push for concrete sustainability commitments.

Former Bank of Canada governor Mark Carney said that politicians can help markets finance the transition to zero-emission economies by setting credible forward commitments.

He pointed to recent COVID-19 vaccine purchase agreements as an example of the power of putting political will behind contracts. In a separate session, Ontario Teachers' Pension Plan chief executive Jo Taylor said the pension plan tries to push its portfolio companies toward sustainability, rather than immediately divesting in carbon-intensive companies. The pension plan said last week it would commit to reaching net-zero greenhouse gas emissions by 2050.

 

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Bout time guys!

Liberal elites are the enemy of western democracies

Ask the families in AB and SK that had a job on the Keystone about that friendly economy. Virtue signaling for leftists while REAL 🇨🇦 FAMILIES loose their jobs to the altar of the new religion. Feel good actions don't create real jobs or save the earth. JustinTrudeau JoeBiden

With these 'investment leaders' beware Canada the future looks grim. More useless 'green' virtue signalling garbage.

I'm looking for an investor to help bring a climate friendly generator to market! Anyone interested?

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