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Feds moving ahead with sustainable investing guidelines, but details still scarce

  • Finance Minister Chrystia Freeland announced that the federal government is developing guidelines for sustainable investing and corporate climate disclosures, with few details available.
  • Stakeholders are advocating for green taxonomies to encourage investment in emissions-reducing projects.
  • The government will involve a third-party organization to create the taxonomy, with initial guidelines expected within a year of its establishment.
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