Projects & Reports

The Physical Costs of Climate Change, A Canadian Perspective

Canada is highly susceptible to the impacts of climate change. But until now, we haven’t had an effective assessment of the physical risks and the potential cost to Canada from loss of biodiversity, sea-level rise, and infrastructure damage due to fires and floods. ISF fills this void with a new report which finds the total value of capital output lost due to climate change under different scenarios. The costs range from $2.773-trillion with 2°C warming by the end of the century, to almost double that amount at $5.520-trillion under a 5°C warming scenario. The report also compares the investments required to fight climate change to the cost of global warming, and finds the additional physical risks associated with higher warming scenarios are larger than the required investments to reduce greenhouse gas emissions. In other words, tackling climate change more than pays for itself in terms of avoided physical damage alone.

Download The Physical Costs of Climate Change, A Canadian Perspective report (PDF 737KB)

Changing Gears: Sustainable Finance Progress In Canada

ISF's latest report assesses Canada’s progress to scale sustainable finance and bolster Canadian competitiveness. The report uses the Expert Panel on Sustainable Finance’s 2019 recommendations as its starting point, and reveals that while progress has been made against the recommendations, Canada needs to move faster in aligning financial systems with a global low-carbon transition.

This report is available in English and French.

Learn more about the state of sustainable finance in Canada
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Canadian Corporate Performance on GHG Emissions, Disclosures and Target Setting

A recent report from the Institute for Sustainable Finance takes the first comprehensive review of TSX companies’ target and disclosure performance. The findings highlight the need and opportunity for corporations to close gaps in order to secure their own and Canada’s competitiveness in the global transition to a low-carbon economy. With increased global demands for climate data, the report shows that Corporate Canada must step up its game.

Download Canadian Corporate Performance on GHG Emissions report
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Capital Mobilization Plan

On September 29, 2020, the Institute for Sustainable Finance launched landmark research to provide a concrete, data-driven capital blueprint for Canada’s low carbon transition. The Capital Mobilization Plan for a Canadian Low Carbon Economy 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.

Learn more
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Green Finance: New Directions in Sustainable Finance Research & Policy

As we increasingly experience the physical impacts of climate change (flooding, extreme weather, forest fires), we will experience the financial impacts as well. The challenge for Canada is: how do we attract global investment while, at the same time, protecting Canadian assets, investors, and firms from risk in the context of climate change? In essence, this is what sustainable finance is about — harnessing our financial systems to help accelerate the activities, decisions, and structures that will put Canadian industries and our economy ahead of the curve.

Download Green Finance report