Author: Céline Bak / Publication Year: within 10 Years

Author:: Céline Bak
Publication Date:: 06-2017
Content Type:: Policy Brief
Institution:: Centre for International Governance Innovation
Abstract:: There was no consensus on climate-related financial risk at the Group of Twenty (G20) meeting of central bankers and finance ministers in March 2017, and the final communiqué did not mention climate change or the Paris Agreement. US President Donald Trump has since announced his intention to withdraw from the Paris Agreement; therefore, the phase I report from the Task Force on Climate-related Financial Risk Disclosures may not be welcomed at the G20 summit in July. As a result, G20 finance ministers must assure governance of this agenda through interconnected national high-level expert groups. Canada’s financial institutions including asset owners and asset managers have the capacity to move swiftly to contribute to a platform for international collaboration on climate-related financial risk and green finance opportunities.
Topic:: Climate Finance
Political Geography:: Global Focus

Author:: Céline Bak
Publication Date:: 03-2016
Content Type:: Policy Brief
Institution:: Centre for International Governance Innovation
Abstract:: On the way to Washington, DC, for a September 2015 visit, Chinese President Xi Jinping stopped in Seattle, WA, to sign an agreement aimed at combatting climate change by increasing the business ties between Chinese and US clean technology companies (South China News 2015). Five US states signed the agreement on commerce between China and clean-tech businesses from California, Iowa, Michigan, Oregon and Washington. On the same day, Bill Gates’s energy company, TerraPower, signed an agreement with the China National Nuclear Corporation for joint cooperation on next-generation renewable and fusion nuclear power. In early 2015, Malaysia’s sovereign wealth fund invested in General Fusion, a Canadian company based in Vancouver, to advance its energy innovation.
Topic:: Climate Change, Energy Policy, Environment, Science and Technology, Treaties and Agreements, and Nuclear Power
Political Geography:: China

Author:: Céline Bak
Publication Date:: 10-2015
Content Type:: Policy Brief
Institution:: Centre for International Governance Innovation
Abstract:: Reporting on global trade in environmental goods would provide a comprehensive lens into diversification that will be needed for the transition to low-carbon economies, help countries benchmark the shorter- and longer-term impact of policies such as regulation and fiscal stimulus targeted at green growth, as well as innovation, and strengthen the G20 leaders’ commitment to inclusive and sustainable growth by providing visibility into the pace of investments to address climate change.
Topic:: Climate Change, Economics, International Trade and Finance, and G20
Political Geography:: Global Focus

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