Courtesy: G20
The Oct 30-31 G20 Leaders’ Summit in Rome took several important steps to accelerate economic recovery and health security. In the absence of several Eurasian leaders, India played a significant role especially on climate and energy. The G20 will now acquire greater salience in India's foreign policy, as it readies to lead the grouping in 2023.
Courtesy: Gateway House & CIGI
India’s energy future needs to be low-carbon, climate-resilient and protected against price fluctuation. It can meet these needs by investing in Canadian oil companies, given the country’s political stability and rule of law. India can also attract greater foreign direct investment at home through the issuance of green bonds, a climate finance debt instrument that addresses environmental and climate-related challenges. This paper explores the regulatory perspective of the green bond market.
Courtesy: Gateway House & CIGI
Canada has been one of the biggest success stories in oil over the past few years. India should consider financial investments in Canadian energy assets as a means to secure its energy supplies.
Courtesy: Gateway House & CIGI
Canada has been one of the biggest success stories in oil over the past few years. India should consider financial investments in Canadian energy assets as a means to secure its energy supplies. This paper studies the feasibility and prospects for Indian investment in Canada's petroleum sector.
Olaf Weber, Senior Fellow, Centre for International Governance Innovation (CIGI), University of Waterloo Research Chair in Sustainable Finance, one of the participants in the India-Canada Track 1.5 Dialogue, on how green finance and economic development are not contradictory any more
Courtesy: Gateway House & CIGI
The use of terrestrial geoengineering techniques, such as carbon capture, is necessary to keep the rise in global temperatures below 1.5 degrees Celsius, as per the Paris Agreement’s targets. Terrestrial geoengineering is different from atmospheric climate engineering: the latter does not remove the very source of the increased greenhouse effect, which are anthropogenic greenhouse gases. India and Canada must collaborate on carbon capture and propose multilateral regulations for unethical atmospheric climate engineering
