The Case for Climate Justice: Patricia Fuller in Conversation
-
bookmark
-
print
The manifestations of climate change - from oppressive heat to torrential floods – can impact vulnerable peoples the most. In this episode of Sustainability Leaders, George Sutherland, BMO Advisor, Climate Change and Sustainability, speaks to Patricia Fuller, Senior Fellow, University of Ottawa Graduate School of Public and International Affairs, about how climate change policies can advance the cause of climate justice both here and around the world.
In this episode:
-
What is climate justice?
-
How to build resilience to climate change in vulnerable communities
-
Bringing the lens of climate justice to climate action
-
Building infrastructure that considers climate change and climate justice
-
The role of natural and social infrastructure in mitigating climate change
Sustainability Leaders podcast is live on all major channels including Apple, Google and Spotify
Patricia Fuller:
Our aim needs to be for climate resilient development, and that means thinking more broadly than the sheer reduction of emissions. When we take these actions are we improving the resilience and development levels of these vulnerable communities? And it's only in doing that, that we'll truly be successful in our actions around climate change.
Michael Torrance:
Welcome to Sustainability Leaders. I'm Michael Torrance, chief sustainability officer with BMO Financial Group. On this show, we will talk with leading sustainability practitioners from the corporate, investor, academic and NGO communities to explore how this rapidly evolving field of sustainability is impacting global investment business practices and our world.
Speaker 3:
The views expressed here are those of the participants and not those of Bank of Montreal, its affiliates or subsidiaries.
George Sutherland:
Hello, my name is George Sutherland, and I'm a climate change and sustainability advisor in the Bank of Montreal's Climate Institute. In today's episode of Sustainability Leaders, we'll be talking about climate justice, a concept we've been hearing a lot about lately both in the news and government policy. To help me unpack this topic, I am joined by Patricia Fuller, senior fellow at the University of Ottawa's Graduate School of Public and International Affairs, and, notably to the topic of discussion today, prior to taking up her current station, Patricia served as Canada's ambassador for climate change between 2018 and 2021. Thank you for joining me today, Patricia.
Patricia Fuller:
You're welcome, George. Pleasure to be here.
George Sutherland:
So to begin with, can you describe the meaning of climate justice to our listeners?
Patricia Fuller:
Certainly. To me, climate justice is the outcome that we want to strive for in all of our actions to address climate change. And I think about it as having two fundamental aspects. The first is to recognize that climate change hits vulnerable and disadvantaged communities the hardest, and that solutions to climate change have to be developed in inclusive ways that decrease and not increase those inequalities. And I think we can think about that both at the national level where climate action can result in better outcomes for vulnerable and disadvantaged populations, whether it's low income populations or communities disadvantaged by racism or gender or for historical reasons, and then at the international level, in terms of how climate action can position vulnerable countries to be more resilient to climate change. And in both these cases, climate justice is only achievable if these actions are developed with these communities in that inclusive way.
Patricia Fuller:
The second aspect to climate justice that I think is important is the understanding that those who are more vulnerable to climate change generally have done the least to cause it. And this applies, again, both at the national and international levels, as well as across generations, we can think about how it's our children and our children's children that will bear the increasing cost of emissions created by our generation and previous generations. So this aspect of responsibility for climate change points to the need for those who are in a position to take climate action and to assist others in doing so, it points to their obligation to do so. And again, we can think about that both at the national level, in terms of assistance to vulnerable communities and internationally in terms of assistance to vulnerable countries.
George Sutherland:
So climate justice certainly is an important concept. And how has climate change disproportionately impacted disadvantaged communities and geographies? And are there examples that you would point to of where this has or is playing out today?
Patricia Fuller:
Sure. We can think about the impact of climate change as a function of exposure to the threat of climate change. For example, if you live in a floodplain, you are clearly more exposed to flooding, that is becoming more common with climate change, and vulnerability, so “How well are you equipped to deal with that flood?” “How catastrophic will it be for you if you lose your home?” Clearly more catastrophic if you are a more vulnerable household. So we think about the example of flooding, certainly in Canada and the United States we have seen widespread damage from flooding, floods that have certainly been catastrophic for lower income households or more marginalized communities, particularly in cases where those households may not be insured. But if we compare that, again, in an international context, we can see how in Canada and the United States we're far better equipped than many countries in the Global South to deal with these challenges, to assist communities that are subject to flooding. So in the Global South we've seen cases where flooding or cyclones or hurricanes can result in humanitarian catastrophes and significant loss of life.
Patricia Fuller:
Even this year in South Africa, the flooding resulted in a significant number of deaths, over 400 deaths, including in areas of informal settlements. So that's an example of where a vulnerable population is more exposed to the impact of climate change. Similarly, if we think about heat as one of the threats of climate change, so vulnerable populations will be those without access to air conditioning or those who must work outside to earn a living. We're thinking about that these days with the heat waves taking place in India where populations that have no choice but to go in the streets to earn their living are clearly the most exposed, and then over time, how heat and drought can impact smallholder farmers in Africa, for example, and really threaten food security. The IPCC report on adaptation noted that human mortality and events of drought or flooding is 15 times higher in vulnerable regions of the world. So, that points to how that vulnerability in exposed regions accentuates that impact of climate change.
George Sutherland:
And given that this inequity exists in how climate change is disproportionately impacting vulnerable populations historically today and expected into the future, what has been done to date to address this?
Patricia Fuller:
Well, I would say the short answer to that is, “not enough,” but I would say that it's certainly a focus of a great deal of effort both at the national and international levels. So at the international level, this aspect of addressing inequality and climate change impacts is embedded in the Paris Agreement, which spells out the obligation on the part of wealthier countries to assist developing countries in meeting the challenge of climate change both in the challenge of mitigating it, as well as in adapting to it. So that has given rise to the whole area of what's called climate finance and the efforts of donor countries to provide the kinds of levels of assistance which the Paris Agreement envisioned to help these countries meet this challenge. And then at the national level, we can think about programs that are part of climate change policy that include elements of addressing inequality or vulnerability.
Patricia Fuller:
For example, retrofits of low income housing, which, in addition to reducing energy use and therefore emissions, also have benefits for the households living in that housing in terms of improved quality of housing. Another example would be in Canada, the return of revenues from carbon pricing to households, which has a higher benefit for lower income households. And a third example would be investment in skills, because we have to think not just about policies that are increasing resilience to climate change, but also policies that are dropping the transition to a low carbon economy. And so doing those things in a way that helps workers to transition to new areas and growth areas in the economy. So that implies a whole effort around skills training. That is really important if we're going to bring that lens of climate justice to the actions we're taking to address climate change.
George Sutherland:
And if we look beyond what has been done to date and consider the future, what are some of the key adaptation measures that need to be deployed to reduce risk to the physical impacts of climate change, and how is this achieved in an inclusive and equitable manner?
Patricia Fuller:
I would say that any action that we're taking to mitigate the risk of climate change needs to be inclusive and equitable to be successful. For example, if we think about the area of infrastructure, obviously a key area for building resilience to climate change, to make infrastructure, whether it be roads or buildings or energy grids, to make those more resilient to the impact of storms and flooding and heat. But when we put a climate justice lens on that, it means thinking about how we make sure that those infrastructure improvements help those more vulnerable communities, and that we're not just improving infrastructure in areas that benefit better off populations, but really focusing that effort and bringing that lens of climate justice to the choices we make around investments in resilience. And we can only do that if we involve those communities effectively in developing these approaches, developing the infrastructure projects or systems for water conservation, or approaches to increasing resilience to heat waves, those are going to be successful if they're predicated upon building those strong community involvement and connections as part of those efforts.
George Sutherland:
And you mentioned climate finance earlier, which would be good to dive a bit deeper into because historically the majority of spending has supported mitigation actions. And of the capital allocation towards adaptation finance, the majority is directed towards physical infrastructure, for example, flood defenses, but what is the role of natural and social infrastructure in mitigating and adapting to climate change in a just manner?
Patricia Fuller:
Yes. So natural infrastructure refers to how healthy ecosystems can protect us from climate impacts. So we can think about trees in urban areas, which have a huge cooling effect, or restoration of wetlands, which is very effective in limiting the impacts of flooding. Or we can think about restored ecosystems along coastlines that can prevent or mitigate the impact of storm surges. So those are all examples of natural infrastructure which can be a very cost effective way to build resilience to climate change.
Patricia Fuller:
And then social infrastructure is really a bit along the lines of what I was referring to earlier. It's those community connections that imply greater resilience to climate change. So I think a great example of this is in the case of how we can build resilience to heat. We know, from recent heat waves in Canada and in the United States as well, that the vulnerable populations, the deaths that occurred as a result of those heat waves were often people who were living in isolated conditions, people who didn't have those community connections, who were not checked up on. So building systems where in the event of a heat wave there are those community connections and practices in place to check up on often elderly people living alone to make sure that they're okay in the case of a heat wave is, I think, a powerful example of how social infrastructure can build resilience to climate change.
George Sutherland:
And we've been discussing some of the solutions to climate resilient development, but I wonder if we can unpack, for a moment, the barriers to climate resilient development and how these can be addressed and overcome equitably.
Patricia Fuller:
Yes. I think the challenge is that implementing policies in a manner which achieves that goal of climate resilience and climate justice, it takes more effort than, for example, to go back to the infrastructure examples we were discussing earlier, it can be easier to go with the tried and true, the what's called gray infrastructure for, say, flood prevention, developing a combination of gray and green or natural infrastructure may be more complicated and it implies doing things in different ways. Similarly, if we think about in the context of Canada's international assistance to developing countries, we've introduced, in our climate finance, a strong component of seeking to advance gender equality. So that means building into projects, not just those indicators and goals around emission reductions, or building resilience to climate change for the population in general, but also advancing goals of gender equality.
Patricia Fuller:
It makes it more complicated, but I think the key message here is that it makes it more effective. And that is what we've found, that when projects are developed with full participation of women, full participation of vulnerable communities, they're more effective. So I would say in short that the barrier is just learning how we develop climate actions with multiple performance indicators, not just emission reductions, but also these social indicators and measures around how these actions are going to increase equity. And, of course, the process of developing that in an inclusive way, consultations do make things take longer, but at the end of the day, those actions are going to be more effective than they would be without bringing that lens of advancing climate justice.
George Sutherland:
And you mentioned the recently published report from the Intergovernmental Panel on Climate Change, which focused on climate change adaptation and vulnerability. And in that report, the concepts of climate justice and equity appear more than 600 times, what do you think prompted this heightened focus and what are the key takeaways from this report that finance, business and governments should be aware of?
Patricia Fuller:
I think the reason that concept of climate justice appears so many times in that report is that the international community is hearing those voices calling for climate justice. And I think we saw, for example, in the last conference of the parties, COP26 in Glasgow, very strong presence of civil society at that international gathering and a very strong expression of the importance of bringing that lens of climate justice to climate action. So I think that report is an illustration of those voices being heard.
Patricia Fuller:
Now, what is the takeaway for finance and business and governments? I think really the key takeaway is that our aim needs to be for climate resilient development. And that means thinking more broadly than the sheer reduction of emissions and the simple increase in resilience, but that word development, so climate resilient development means that we are improving the level of development overall and thereby achieving greater resilience. And that really goes to the heart of that question of how when we take these actions are we improving the resilience and development levels of these vulnerable communities? And it's only in doing that will truly be successful in our actions around climate change.
George Sutherland:
Thank you very much, Patricia, for taking the time to share your knowledge, experience and expertise on this important topic.
Patricia Fuller:
It's been my pleasure, George. Great to be here with you.
George Sutherland:
That's Patricia Fuller, senior fellow at the University of Ottawa's Graduate School of Public and International Affairs, and Canada's ambassador for climate change between 2018 and 2021.
Michael Torrance:
Thanks for listening to Sustainability Leaders. This podcast is presented by BMO Financial Group. To access all the resources we discussed in today's episode and to see our other podcasts, visit us at bmo.com/sustainabilityleaders. You can listen and subscribe free to our show on Apple Podcasts or your favorite podcast provider, and we'll greatly appreciate a rating and review and any feedback that you might have. Our show and resources are produced with support from BMO's marketing team and Puddle Creative. Until next time, I'm Michael Torrance, have a great week.
Speaker 3:
The views expressed here are those of the participants and not those of Bank of Montreal, its affiliates or subsidiaries. This is not intended to serve as a complete analysis of every material fact regarding any company, industry, strategy or security. This presentation may contain forward looking statements. Investors are cautioned not to place undue reliance on such statements as actual results could vary. This presentation is for general information purposes only, and does not constitute investment, legal or tax advice and is not intended as an endorsement of any specific investment product or service. Individual investors should consult with an investment, tax and or legal professional about their personal situation. Past performance is not indicative of future results.
The Case for Climate Justice: Patricia Fuller in Conversation
Senior Advisor, Climate Change & Sustainability
George Sutherland is a Senior Advisor with the BMO Climate Institute, working at the intersection of climate science, policy, and finance to understand and man…
George Sutherland is a Senior Advisor with the BMO Climate Institute, working at the intersection of climate science, policy, and finance to understand and man…
VIEW FULL PROFILE- Minute Read
- Listen Stop
- Text Bigger | Text Smaller
The manifestations of climate change - from oppressive heat to torrential floods – can impact vulnerable peoples the most. In this episode of Sustainability Leaders, George Sutherland, BMO Advisor, Climate Change and Sustainability, speaks to Patricia Fuller, Senior Fellow, University of Ottawa Graduate School of Public and International Affairs, about how climate change policies can advance the cause of climate justice both here and around the world.
In this episode:
-
What is climate justice?
-
How to build resilience to climate change in vulnerable communities
-
Bringing the lens of climate justice to climate action
-
Building infrastructure that considers climate change and climate justice
-
The role of natural and social infrastructure in mitigating climate change
Sustainability Leaders podcast is live on all major channels including Apple, Google and Spotify
Patricia Fuller:
Our aim needs to be for climate resilient development, and that means thinking more broadly than the sheer reduction of emissions. When we take these actions are we improving the resilience and development levels of these vulnerable communities? And it's only in doing that, that we'll truly be successful in our actions around climate change.
Michael Torrance:
Welcome to Sustainability Leaders. I'm Michael Torrance, chief sustainability officer with BMO Financial Group. On this show, we will talk with leading sustainability practitioners from the corporate, investor, academic and NGO communities to explore how this rapidly evolving field of sustainability is impacting global investment business practices and our world.
Speaker 3:
The views expressed here are those of the participants and not those of Bank of Montreal, its affiliates or subsidiaries.
George Sutherland:
Hello, my name is George Sutherland, and I'm a climate change and sustainability advisor in the Bank of Montreal's Climate Institute. In today's episode of Sustainability Leaders, we'll be talking about climate justice, a concept we've been hearing a lot about lately both in the news and government policy. To help me unpack this topic, I am joined by Patricia Fuller, senior fellow at the University of Ottawa's Graduate School of Public and International Affairs, and, notably to the topic of discussion today, prior to taking up her current station, Patricia served as Canada's ambassador for climate change between 2018 and 2021. Thank you for joining me today, Patricia.
Patricia Fuller:
You're welcome, George. Pleasure to be here.
George Sutherland:
So to begin with, can you describe the meaning of climate justice to our listeners?
Patricia Fuller:
Certainly. To me, climate justice is the outcome that we want to strive for in all of our actions to address climate change. And I think about it as having two fundamental aspects. The first is to recognize that climate change hits vulnerable and disadvantaged communities the hardest, and that solutions to climate change have to be developed in inclusive ways that decrease and not increase those inequalities. And I think we can think about that both at the national level where climate action can result in better outcomes for vulnerable and disadvantaged populations, whether it's low income populations or communities disadvantaged by racism or gender or for historical reasons, and then at the international level, in terms of how climate action can position vulnerable countries to be more resilient to climate change. And in both these cases, climate justice is only achievable if these actions are developed with these communities in that inclusive way.
Patricia Fuller:
The second aspect to climate justice that I think is important is the understanding that those who are more vulnerable to climate change generally have done the least to cause it. And this applies, again, both at the national and international levels, as well as across generations, we can think about how it's our children and our children's children that will bear the increasing cost of emissions created by our generation and previous generations. So this aspect of responsibility for climate change points to the need for those who are in a position to take climate action and to assist others in doing so, it points to their obligation to do so. And again, we can think about that both at the national level, in terms of assistance to vulnerable communities and internationally in terms of assistance to vulnerable countries.
George Sutherland:
So climate justice certainly is an important concept. And how has climate change disproportionately impacted disadvantaged communities and geographies? And are there examples that you would point to of where this has or is playing out today?
Patricia Fuller:
Sure. We can think about the impact of climate change as a function of exposure to the threat of climate change. For example, if you live in a floodplain, you are clearly more exposed to flooding, that is becoming more common with climate change, and vulnerability, so “How well are you equipped to deal with that flood?” “How catastrophic will it be for you if you lose your home?” Clearly more catastrophic if you are a more vulnerable household. So we think about the example of flooding, certainly in Canada and the United States we have seen widespread damage from flooding, floods that have certainly been catastrophic for lower income households or more marginalized communities, particularly in cases where those households may not be insured. But if we compare that, again, in an international context, we can see how in Canada and the United States we're far better equipped than many countries in the Global South to deal with these challenges, to assist communities that are subject to flooding. So in the Global South we've seen cases where flooding or cyclones or hurricanes can result in humanitarian catastrophes and significant loss of life.
Patricia Fuller:
Even this year in South Africa, the flooding resulted in a significant number of deaths, over 400 deaths, including in areas of informal settlements. So that's an example of where a vulnerable population is more exposed to the impact of climate change. Similarly, if we think about heat as one of the threats of climate change, so vulnerable populations will be those without access to air conditioning or those who must work outside to earn a living. We're thinking about that these days with the heat waves taking place in India where populations that have no choice but to go in the streets to earn their living are clearly the most exposed, and then over time, how heat and drought can impact smallholder farmers in Africa, for example, and really threaten food security. The IPCC report on adaptation noted that human mortality and events of drought or flooding is 15 times higher in vulnerable regions of the world. So, that points to how that vulnerability in exposed regions accentuates that impact of climate change.
George Sutherland:
And given that this inequity exists in how climate change is disproportionately impacting vulnerable populations historically today and expected into the future, what has been done to date to address this?
Patricia Fuller:
Well, I would say the short answer to that is, “not enough,” but I would say that it's certainly a focus of a great deal of effort both at the national and international levels. So at the international level, this aspect of addressing inequality and climate change impacts is embedded in the Paris Agreement, which spells out the obligation on the part of wealthier countries to assist developing countries in meeting the challenge of climate change both in the challenge of mitigating it, as well as in adapting to it. So that has given rise to the whole area of what's called climate finance and the efforts of donor countries to provide the kinds of levels of assistance which the Paris Agreement envisioned to help these countries meet this challenge. And then at the national level, we can think about programs that are part of climate change policy that include elements of addressing inequality or vulnerability.
Patricia Fuller:
For example, retrofits of low income housing, which, in addition to reducing energy use and therefore emissions, also have benefits for the households living in that housing in terms of improved quality of housing. Another example would be in Canada, the return of revenues from carbon pricing to households, which has a higher benefit for lower income households. And a third example would be investment in skills, because we have to think not just about policies that are increasing resilience to climate change, but also policies that are dropping the transition to a low carbon economy. And so doing those things in a way that helps workers to transition to new areas and growth areas in the economy. So that implies a whole effort around skills training. That is really important if we're going to bring that lens of climate justice to the actions we're taking to address climate change.
George Sutherland:
And if we look beyond what has been done to date and consider the future, what are some of the key adaptation measures that need to be deployed to reduce risk to the physical impacts of climate change, and how is this achieved in an inclusive and equitable manner?
Patricia Fuller:
I would say that any action that we're taking to mitigate the risk of climate change needs to be inclusive and equitable to be successful. For example, if we think about the area of infrastructure, obviously a key area for building resilience to climate change, to make infrastructure, whether it be roads or buildings or energy grids, to make those more resilient to the impact of storms and flooding and heat. But when we put a climate justice lens on that, it means thinking about how we make sure that those infrastructure improvements help those more vulnerable communities, and that we're not just improving infrastructure in areas that benefit better off populations, but really focusing that effort and bringing that lens of climate justice to the choices we make around investments in resilience. And we can only do that if we involve those communities effectively in developing these approaches, developing the infrastructure projects or systems for water conservation, or approaches to increasing resilience to heat waves, those are going to be successful if they're predicated upon building those strong community involvement and connections as part of those efforts.
George Sutherland:
And you mentioned climate finance earlier, which would be good to dive a bit deeper into because historically the majority of spending has supported mitigation actions. And of the capital allocation towards adaptation finance, the majority is directed towards physical infrastructure, for example, flood defenses, but what is the role of natural and social infrastructure in mitigating and adapting to climate change in a just manner?
Patricia Fuller:
Yes. So natural infrastructure refers to how healthy ecosystems can protect us from climate impacts. So we can think about trees in urban areas, which have a huge cooling effect, or restoration of wetlands, which is very effective in limiting the impacts of flooding. Or we can think about restored ecosystems along coastlines that can prevent or mitigate the impact of storm surges. So those are all examples of natural infrastructure which can be a very cost effective way to build resilience to climate change.
Patricia Fuller:
And then social infrastructure is really a bit along the lines of what I was referring to earlier. It's those community connections that imply greater resilience to climate change. So I think a great example of this is in the case of how we can build resilience to heat. We know, from recent heat waves in Canada and in the United States as well, that the vulnerable populations, the deaths that occurred as a result of those heat waves were often people who were living in isolated conditions, people who didn't have those community connections, who were not checked up on. So building systems where in the event of a heat wave there are those community connections and practices in place to check up on often elderly people living alone to make sure that they're okay in the case of a heat wave is, I think, a powerful example of how social infrastructure can build resilience to climate change.
George Sutherland:
And we've been discussing some of the solutions to climate resilient development, but I wonder if we can unpack, for a moment, the barriers to climate resilient development and how these can be addressed and overcome equitably.
Patricia Fuller:
Yes. I think the challenge is that implementing policies in a manner which achieves that goal of climate resilience and climate justice, it takes more effort than, for example, to go back to the infrastructure examples we were discussing earlier, it can be easier to go with the tried and true, the what's called gray infrastructure for, say, flood prevention, developing a combination of gray and green or natural infrastructure may be more complicated and it implies doing things in different ways. Similarly, if we think about in the context of Canada's international assistance to developing countries, we've introduced, in our climate finance, a strong component of seeking to advance gender equality. So that means building into projects, not just those indicators and goals around emission reductions, or building resilience to climate change for the population in general, but also advancing goals of gender equality.
Patricia Fuller:
It makes it more complicated, but I think the key message here is that it makes it more effective. And that is what we've found, that when projects are developed with full participation of women, full participation of vulnerable communities, they're more effective. So I would say in short that the barrier is just learning how we develop climate actions with multiple performance indicators, not just emission reductions, but also these social indicators and measures around how these actions are going to increase equity. And, of course, the process of developing that in an inclusive way, consultations do make things take longer, but at the end of the day, those actions are going to be more effective than they would be without bringing that lens of advancing climate justice.
George Sutherland:
And you mentioned the recently published report from the Intergovernmental Panel on Climate Change, which focused on climate change adaptation and vulnerability. And in that report, the concepts of climate justice and equity appear more than 600 times, what do you think prompted this heightened focus and what are the key takeaways from this report that finance, business and governments should be aware of?
Patricia Fuller:
I think the reason that concept of climate justice appears so many times in that report is that the international community is hearing those voices calling for climate justice. And I think we saw, for example, in the last conference of the parties, COP26 in Glasgow, very strong presence of civil society at that international gathering and a very strong expression of the importance of bringing that lens of climate justice to climate action. So I think that report is an illustration of those voices being heard.
Patricia Fuller:
Now, what is the takeaway for finance and business and governments? I think really the key takeaway is that our aim needs to be for climate resilient development. And that means thinking more broadly than the sheer reduction of emissions and the simple increase in resilience, but that word development, so climate resilient development means that we are improving the level of development overall and thereby achieving greater resilience. And that really goes to the heart of that question of how when we take these actions are we improving the resilience and development levels of these vulnerable communities? And it's only in doing that will truly be successful in our actions around climate change.
George Sutherland:
Thank you very much, Patricia, for taking the time to share your knowledge, experience and expertise on this important topic.
Patricia Fuller:
It's been my pleasure, George. Great to be here with you.
George Sutherland:
That's Patricia Fuller, senior fellow at the University of Ottawa's Graduate School of Public and International Affairs, and Canada's ambassador for climate change between 2018 and 2021.
Michael Torrance:
Thanks for listening to Sustainability Leaders. This podcast is presented by BMO Financial Group. To access all the resources we discussed in today's episode and to see our other podcasts, visit us at bmo.com/sustainabilityleaders. You can listen and subscribe free to our show on Apple Podcasts or your favorite podcast provider, and we'll greatly appreciate a rating and review and any feedback that you might have. Our show and resources are produced with support from BMO's marketing team and Puddle Creative. Until next time, I'm Michael Torrance, have a great week.
Speaker 3:
The views expressed here are those of the participants and not those of Bank of Montreal, its affiliates or subsidiaries. This is not intended to serve as a complete analysis of every material fact regarding any company, industry, strategy or security. This presentation may contain forward looking statements. Investors are cautioned not to place undue reliance on such statements as actual results could vary. This presentation is for general information purposes only, and does not constitute investment, legal or tax advice and is not intended as an endorsement of any specific investment product or service. Individual investors should consult with an investment, tax and or legal professional about their personal situation. Past performance is not indicative of future results.
You might also be interested in
Why Sustainability Is Good Business: Key Takeaways from IEFA Toronto 2024
Building for Tomorrow: Real Estate, Construction, and Sustainability
Women Entrepreneurs are Advancing Sustainability: Reflecting on the Results of the WE Empower UN SDG Challenge
Canadian Zero-Carbon Multi-Unit Residential Buildings: An Analysis of the Cost and Asset Value
BMO Equity Research on the AI + Data Center Build Out: Sustainability Impacts, Second Order Beneficiaries
A First in Western Canada: Avenue Living Leverages BMO's Retrofit Program to Add 179 New Rental Units in Downtown Edmonton
Making Renewable Energy Technology Accessible to Underserved Communities: GRID Alternatives in Conversation
Women are Leading Across the Landscape of Climate and Sustainability
The Role of Responsible Mining in the Clean Energy Transition: ICMM CEO Rohitesh Dhawan in Conversation
How NASA and IBM Are Using Geospatial Data and AI to Analyze Climate Risks
BMO Arranges Green Financing to Fund New Lawson Centre for Sustainability, Trinity College's Most Significant Build in a Century
BMO ranked one of the most sustainable companies in North America on the Dow Jones Sustainability Indices
Canada Has an Opportunity to Become a Global Leader in Carbon Dioxide Removal
Extreme Temperatures: How North American Cities Amplify Climate Change
BMO Climate Institute Business Leaders Survey: Nearly Half of Business Leaders in the U.S. and Canada Believe Climate Change Has Already Affected Their Businesses, but Few Have a Strategy
Transforming the Textile Industry: Apparel Impact Institute in Conversation
More Companies Have Plans to Address Climate Change Based on Rising Business Importance: Survey Results
How the Energy Sector Is Helping Canada Achieve Its Decarbonization Goals
Protecting Outdoor Spaces: The Conservation Alliance in Conversation
Building Meaningful Connections with Nature: Parks California in Conversation
Why Businesses Need to Accelerate Their Efforts to Fight Climate Change
Transforming the Global Food System to Benefit Investors and the Planet
Banco do Brasil and BMO Financial Group to Introduce First-of-its-Kind Program to Provide Sustainability-Linked Trade Loans Supporting Brazilian Exporters
BMO Donates $3 Million to GRID Alternatives to Provide Solar Energy Solutions for Low-Income Families
Free, Prior and Informed Consent (FPIC): Mark Podlasly in Conversation
BMO Provides Innovative New Sustainability-Linked Deposit Product to Zurn Elkay Water Solutions
Quick Listen: Michael Torrance on Empowering Your Organization to Operationalize Sustainability
Quick Listen: Darryl White on the Importance of US-Canada Partnership
BMO and Bell Canada Execute Innovative Sustainability-Linked Derivative Tied to Ambitious GHG Emission Reduction Targets
BMO Named to UN-Convened Group Providing Guidance to Global Banks on Nature Target Setting
Driving Innovations In Tech To Strengthen Climate Resilience With Climate Engine’s Spatiafi, Built On Google Cloud
BMO Celebrates Earth Day with 3rd Annual Trees from Trades Day on its Global Trading Floors
BMO Donates $2 Million to the University of Saskatchewan to Accelerate Research Critical to the Future of Food
North America’s Critical Minerals Advantage: Deep Dive on Community Engagement
Exploring North America’s Critical Minerals Advantage: Global Metals, Mining & Critical Minerals Conference
Rock Legends Reflect on Mining Hits and Misses: Global Metals, Mining & Critical Minerals Conference
The Most Valuable Commodity is Trust: ICMM to BMO Global Metals, Mining & Critical Minerals Conference
BMO Experts at our 32nd Global Metals, Mining & Critical Minerals Conference
Evolving Mining for a Sustainable Energy Transition: ICMM CEO Rohitesh Dhawan in Conversation
Public Policy and the Energy Transition: Howard Learner in Conversation
Quick Listen: Darryl White on the Economic Implications of a Rapidly-Aging Society
Taskforce on Nature-Related Financial Disclosure (TNFD) – A Plan for Integrating Nature into Business
Takeaways from the BMO Climate Institute Small and Mid-Sized Businesses Climate Survey
BMO Ranked North America's Most Sustainable Bank by Corporate Knights for Fourth Consecutive Year
Is Green Financing for Nuclear the Next Frontier in the Energy Transition?
ESG Trends in the Base Metal and Diversified Mining Industries: BMO Equity Research Report
BMO ranked one of the most sustainable companies in North America on the Dow Jones Sustainability Indices
BMO Climate Institute Survey Shows Costs and Competing Priorities Slowing Climate Action for Small and Mid-Sized Businesses
Managing and Monetizing Your Transition to a Net Zero World with BMO and Radicle
BMO the Top Ranked Financial Institution on New Global Sustainability Benchmark Announced at COP 27
COP27 in Focus: Will Energy Security and Economic Uncertainty Impact the Climate Transition?
BMO to Invest in Innovative Carbon Offsets from CarbonCure to Permanently Store CO2
RoadMap Project: An Indigenous-led Paradigm Shift for Economic Reconciliation
A Canadian First: BMO and Concordia University Partner for a Sustainable Future with Innovative Sustainability-Linked Loan
On-Farm Carbon and Emissions Management: Opportunities and Challenges
Sustainability Strategy and Reporting for Small and Medium Sized Companies: A Discussion at the Conference of Montreal
BMO to Acquire Calgary-based Radicle Group Inc., a Leader in Environmental Services
Investment Opportunities for a Net-Zero Economy: A Conversation at the Milken Institute Global Conference
How Hope, Grit, and a Hospital Network Saved Maverix Private Capital Founder John Ruffolo
Hydrogen’s Role in the Energy Transition: Matt Fairley in Conversation
Key Takeaways on Ag, Food, Fertilizer & ESG from BMO’s Farm to Market Conference
Exploring the Physical and Transition Risks Facing Food and Agriculture
Building an ESG Business Case in the Food Sector: The Food Institute
Forging Ahead in the Energy Transition: Darryl White to Global Reserve and Asset Managers
BMO and EDC Announce Collaboration to Introduce Sustainable Finance Solutions for Canadian Businesses
Retrofitting Canada's Building Sector: Efficiency Canada’s Corey Diamond in Conversation
The Role of Hydrogen in the Energy Transition: FuelCell Energy CEO Jason Few in Conversation
BMO proud to support first Government of Canada Green Bond transaction as joint-lead manager
Tackling Climate Change in Metals and Mining: ICMM CEO Rohitesh Dhawan in Conversation
Op Ed: Government Action Can Help Spur More Home Building To Address Canada’s Housing Shortage
BMO Launches Business Within Reach: BMO for Black Entrepreneurs and Commits $100 million in loans to Help Black-led Businesses Start up, Scale up, and Grow
The Post 2020 Biodiversity Framework – A Discussion with Basile Van Havre
BMO Announces Plan to Partner with Breakthrough Energy Catalyst to Accelerate Climate Innovation
BMO Financial Group Named North America's Most Sustainable Bank for Third Consecutive Year
Mitigating the Physical Impacts of Climate Change with Spatial Finance
Part 2: Talking Energy Transition, Climate Risk & More with Bloomberg’s Patricia Torres
Part 1: Talking Energy Transition, Climate Risk & More with Bloomberg’s Patricia Torres
BMO Helps Boralex Go Beyond Renewable Energy, with the Transition of its Credit Facility to a Sustainability-Linked Loan
A Global First: BMO Supports Bruce Power with World's First Nuclear Green Financing Framework
BMO ranked one of the most sustainable companies in the world according to Dow Jones Sustainability Indices
The Risk of Permafrost Thaw on People, Infrastructure & Our Future Climate
The Future of Remote Work and Diversity in the Asset Management Industry
North American Metals & Mining first: BMO helps Sandstorm Gold Royalties achieve ESG goals with Sustainability-Linked Loan
Education, Employment and Economic Empowerment: BMO Releases Wîcihitowin ᐑᒋᐦᐃᑐᐏᐣ- First Annual Indigenous Partnerships and Progress Report
BMO Announces $12 Billion Financing Commitment towards Affordable Housing in Canada
In support of Canada’s bid to host the headquarters of the International Sustainability Standards Board
BMO supports Canada's bid to host the headquarters of the International Sustainability Standards Board
BMO Named to Canada's Best 50 Corporate Citizens Ranking by Corporate Knights
Biggest Trends in Food and Ag, From ESG to Inflation to the Supply Chain
A North American First: BMO Helps Gibson Energy Fully Transition Credit Facility to a Sustainability-Linked Loan
Understanding Biodiversity Management: Best Practices and Innovation
Episode 31: Valuing Natural Capital – A Discussion with Pavan Sukhdev
Episode 29: What 20 Years of ESG Engagement Can Teach Us About the Future
BMO Financial Group 2020 Sustainability Report and Public Accountability Statement Now Available Online
Episode 28: Bloomberg: Enhancing ESG Disclosure through Data-Driven Solutions
BMO Ranked Among Most Sustainable Companies on Dow Jones Sustainability Index - North America
BMO investing in a sustainable future with $1M donation to the Institute for Sustainable Finance
BMO Financial Group Reaches Key Milestone in Matching 100 Per Cent of Electricity Usage with Renewables
BMO Financial Group Recognized as One of the World's Most Sustainably Managed Companies in New Wall Street Journal Ranking
Episode 23: TC Transcontinental – A Market Leader in Sustainable Packaging
BMO Financial Group to Source 100 Per Cent of Electricity Usage From Renewables
Episode 07: World Bank: Mobilizing Capital Markets for Sustainable Finance
Episode 06: Responsible Investing – Industry Trends and Best Practices from Canada