Q&A: How will Canada define what a 'green' investment is?

Author Diane Berard
Within the next year, the investment community and the public should know what activities will and will not count as contributions to Canada's 2050 carbon neutrality goal.

Why It Matters

On Oct.9, Minister Chrystia Freeland announced the next steps toward Canada’s long-awaited green taxonomy. Work has stalled since 2022 because of fundamental differences in identifying transition investments. Distinguishing between green, transition, and brown investments is critical to directing more money toward socio-ecological transition. 

As Canada transitions from its carbon-spewing oil-based economy to a net-zero carbon goal, its government has been struggling to define exactly what qualifies as a “green” investment.

Join a community of 2000+ impact-oriented professionals like you. Get full access to this story and all Future of Good content, including tickets to our digital events and networking, with a membership.