Prime Minister of Canada, emphasized the importance of integrating climate chang

Mark Carney, the new Prime Minister of Canada, emphasized the importance of integrating climate change considerations into every financial decision.

His statement underscores the urgent need for a shift towards sustainable finance and investment practices to support the transition to a low-carbon economy. By backing companies that are actively addressing climate change and contributing to the solution, and divesting from those that are part of the problem, Canada aims to align its financial system with its environmental goals and international commitments. This approach is likely to drive innovation, create jobs in the green sector, and reduce the country's overall carbon footprint.

It also signals a broader intent to ensure that economic growth is inclusive and does not come at the expense of the environment. The integration of climate change into financial decision-making is increasingly being recognized as a critical step in achieving global net-zero emissions targets and mitigating the risks associated with climate change.