An opportunity to grow the economy in new and diverse ways
The consequences of global emissions have unbalanced Canada’s ecosystems. As the second-largest land mass in the world, Canada is home to a rich tapestry of life spread across vast boreal forests, rugged Arctic landscapes, and boundless lakes and prairies. These vast natural resources provide Canadian leaders with a unique opportunity: to make fair contributions in reducing global emissions, while creating value and competitive advantages. As a result, Canada will be able to thrive in new and diverse ways.
It’s not too late to change course.
Find out how your business could mitigate risk and generate value by focusing more on the climate emergency.
Net-zero by 2050:
an achievable target
Along with a growing list of countries, Canada has pledged to reach net-zero carbon emissions by 2050. This means reducing the greenhouse gases (GHGs) we produce with alongside implementing both proven and emerging technologies to facilitate a rapid transition to low carbon energy systems, intelligent land use, and adoption of nature-based solutions.The window is slowly closing. It’s likely our last chance to limit global warming to within 1.5°C by the end of the century and seize one of humanity’s greatest opportunities.
Learn what a net-zero-emissions future for Canada could look like, why the energy transition is imperative, and how energy innovations could lead to new business opportunities for your organization.
Why Canada is well positioned to deliver net-zero
With the temperatures in Canada rising at twice the rate of the global average we're still a long way from seeing the benefits of our net-zero commitments as a country. But we have the ingredients and the know-how to position ourselves as a global leader in fighting climate change and creating a resilient economy.
A potential path to decarbonization by 2050
How can Canada’s industries rapidly decarbonize and transition to a low carbon economy in the next 30 years? Learn more about the proven and emerging technologies that could help make a decarbonized Canada by 2050 into a reality.
The consumer business sector is highly attuned to the risks and opportunities associated with climate change. While consumer pressure has propelled many to grasp the urgency with which to act, there are gaps the industry can close in the race to net-zero. This paper offers some practical suggestions for getting started.
- 1. World Economic Forum. 2020. “Nature risk rising: Why the crisis engulfing nature matters for business and the economy”.
- 2. Swiss Re Institute. 2019. “Natural catastrophes and man-made disasters in 2018: “secondary” perils on the frontline”.
- 3. International Labour Organization. 2019. “Working on a warmer planet: The impact of heat stress on labour productivity and decent work”.