The gathering storm: building climate resilience requires innovative financing

There’s a storm bearing down on Canada, and we’re woefully unprepared to weather it. Can sustainable finance change that before it’s too late?

Governments need to dramatically increase their climate change adaptation investments, but direct government investment alone won’t be enough to address the Canadian adaptation gap. Governments and the private sector together need to create new mechanisms that drive private investment into adaptation and away from risk, write Glen Hodgson and Ryan Ness. The Hill Times photograph by Andrew Meade

Opinion

BY GLEN HODGSON AND RYAN NESS

September 28, 2021

To avoid massive social and economic disruption, Canada needs to seriously ramp up climate change adaptation measures. Adaptation pays big dividends, yet the public and private funding needed to start to secure our homes, businesses, and communities has been scant. So where will the money come from...

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