Canada: The State of the Federation 2019: Green Finance: New Directions in Sustainable Finance Research and Policy (Volume 200)

by Sean Cleary (Editor), J. Andrew Grant (Editor)

The 2015 Paris Agreement represented the commitment of 197 nations to limit temperature increases due to climate change to no more than 2°C posing climate resilience and clean growth as one of the most influential far-reaching governance opportunities of the twenty-first century. Finance plays a critical role in the transition to a clean economy one that will require significant collaboration and governance coordination between private and public financial institutions and with policy-makers. Green New Directions in Sustainable Finance Research and Policy provides compelling insights from "green finance" thought leaders in academia civil society the financial industry and government offering new research ideas multilevel governance trends and solutions to challenging issues in sustainable finance. The book also serves as a platform for building new research collaborations aimed at transforming Canada's financial system into one in which sustainable growth is ingrained in everyday policy decisions and business practices. Canada has the chance to become a world leader by showing that a low-carbon economy bears incredible economic and societal opportunities. In this evolving global economy businesses insurance companies banks pension funds mutual funds not-for-profits universities and government institutions must be aware of the financial risks of stalling action around climate change and they must recognize that sustainability is crucial to Canada's long-term success.

324 pages, Paperback

Published February 25, 2021

About the author

Cleary, Sean 1948-

SEÁN CLEARY graduated in social sciences and law at UCT, UNISA and Shiraz,Iran, and has an MBA from Henley Management College, Brunel University, UK. He was a diplomat from 1970 to 1985, serving in Tehran, Washington DC and the western USA, and as chief director in Namibia (1983-85); as well as in the economics and financial division and as head of the training division of the Department of Foreign Affairs. For the past twenty years he has been a director of companies, a visiting lecturer in global corporate strategy, economic development and conflict resolution at business schools, universities and institutes in South Africa, Europe and the USA, and a board member of a number of nonprofit foundations. He is a fellow and strategic adviser to the executive chairman of the World Economic Forum, and a member of the faculty of the Parmenides Foundation. His family home is in Constantia, Cape Town.