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Canadian Banks Have an Outsized Impact on Global Fossil Fuel Financing We pledged to reduce emissions by 30 per cent by 2030, but will financial institutions undermine this goal? Michelle Gamage is a Vancouver-based journalist with an environmental focus who regularly reports on climate for The Tyee. You can find her on Twitter @Michelle_Gamage. SHARES The Banking on a Better Future movement launched April 1. Photo by Joshua Best. When 18-year-old climate activist Naisha Khan wants to start a conversation about how banking fuels climate change, she asks someone ho...

URL copied to clipboard Boris Johnson’s new investment council includes a subsidiary of a German energy giant that is suing the Netherlands for €1.4bn for phasing out coal. The Investment Council, which launched last month to drum up foreign investment into the UK, has talked up the importance of ‘sustainable’ investment and ‘green industries’ ahead of the COP26 Climate Summit. But the council’s advisers include RWE Renewables, whose parent company took the Netherlands to a World Bank arbitration tribunal after the Dutch government decided to phase out coal. The government�...

Barclays (BARC.L) will offer investors an advisory vote on its climate policy at next year's annual shareholder meeting, the bank's chairman said, after pressure from investors and activists to become greener.

At President Joe Biden’s Leaders Summit on Climate last week, one constituency was a group somewhat new to the green spotlight: financiers. Banks and investors made some big-dollar pledges: Bill Gates on plans to rapidly commercialize clean technologies. Dozens of banks in a new Net-Zero Banking Alliance. And more. Why We Wrote This President Joe Biden has proposed expansive federal spending on climate action. But a recent summit emphasized something seen as just as vital: mobilizing private sector investment. It’s encouraging, say climate policy experts, because such private funding is n...

Monday, April 12 Bicycle theft on Lawton Street: At 9:46 a.m., a caller reported their bike stolen from a communal space. Police took a report. Assault on South Street: At noon, police responded to Bournewood Hospital for a physical fight between two patients, with facial injuries reported. Police rendered assistance. Fraud on Pond Avenue: At 12:42 p.m., a caller told police he provided his Social Security number and bank information to a scammer. Police took a report. Theft on Centre Street: At 2:02 p.m., a caller reported someone – possibly a home health aide – took a federal stimulus c...