BMO Financial Group
Sustainability is a rapidly evolving field, driven by billions of dollars in global investment. Join hosts Michael Torrance, Jonathan Hackett and David Sneyd in this podcast series, as we introduce you to the innovative minds and diverse perspectives that are pushing the boundaries in sustainability good practice. With topics ranging from climate change to sustainable finance and green bonds to human rights and responsible investing, we explore the world of corporate sustainability through interviews with corporate practitioners, investors, scholars and the NGO community.
On this special episode of Sustainability Leaders, BMO’s Dan Barclay joined Hiromichi Mizuno, Special Envoy of U.N. Secretary-General on Innovative Finance and Sustainable Investments, to discuss COP26, the role of finance and banking in the battle against climate change and the transition to a low carbon world.
41 min 18 sec
In this episode of Sustainability Leaders, BMO's John Uhren spoke with two of the women awarded a grant through our BMO Celebrating Women Grant Program. Melissa Tashjian, Founder and CEO of Compost Crusader, and Christal Earle, Founder and CEO of Brave Soles, discuss their innovative businesses and how they’re driving sustainable outcomes for their clients and customers.
27 min 6 sec
In this episode of Sustainability Leaders, BMO's Jonathan Hackett spoke with Justine Hendricks, Senior Vice-President and Chief Corporate Sustainability Officer, Sustainable Business and Enablement, at Export Development Canada (EDC), on the ground in Glasgow as the COP26 was coming to a close. The two experts discussed how EDC has evolved with the growing global focus on Climate Change and why sustainable finance will be so important to reaching a net zero world.
21 min 4 sec
In this episode of Sustainability Leaders, BMO's Nalini Feuilloley, Director of Responsible Investment Team, spoke with Fiona Reynolds, CEO of the United Nations Supported Principles for Responsible Investment, on the ground in Glasgow as the COP26 rolled into its final days. The two experts discussed how the UN Climate Conference has changed, why COP26 has been so unique, and what the road looks like going forward to next year's COP meeting in Egypt and beyond.
31 min 35 sec
On this special episode of Sustainability Leaders, BMO Financial Group's CEO, Darryl White, sat down with John Graham, President, and Chief Executive Officer at CPP Investments, at this year's International Economic Forum of the Americas' Toronto Global Forum. The two discussed sustainable investing and capital allocation in the context of the global energy transition.
17 min 41 sec
Three experts discuss the science of how climate change is impacting permafrost, the trends, and risk of permafrost, and how permafrost is fundamentally linked to all of us through environmental systems. Join George Sutherland, Climate Change and Sustainability Advisor in BMO's Climate Institute, Dr. Fabrice Calmels, Permafrost and Geoscience Research Chair at the Yukon University Research Center, and Paul Murchison, Executive Director, Major Transportation Programs at Government of Yukon in part two of our Impacts of a Changing Climate series.
36 min 16 sec
Join George Sutherland, Climate Change and Sustainability Advisor at the BMO's Climate Institute and Blair Feltmate, Professor and Head of Intact Centre on Climate Adaptation at University of Waterloo, in part one of our Impacts of a Changing Climate series as they discuss how (and why) flooding has accelerated at an increasing rate, and how it’s become not only an environmental issue, but a pressing economic and humanitarian issue as well.
38 min 3 sec
“Working together, you can tap the lowest cost opportunities in any given place. And as you're pursuing net zero, you can tap into the opportunities for carbon capture and storage or nature-based removals. You can get to the goal faster and cheaper than if each country acts in isolation,” says Dirk Forrister, CEO, International Emissions Trading Association (IETA) Join Susan McGeachie, Head of the BMO Climate Institute and Dirk as they discuss IETA’s history and global role as the business voice on markets solutions for climate and what to expect out of COP26 (the 26th UN Climate Change Conference).
35 min 12 sec
Join BMO’s Camilla Sutton, MD in Equity Research, and Doug Morrow, Director of ESG at BMO Capital Markets, in this special episode from BMO’s IN Tune Podcast. IN Tune features Equity Research analysts from BMO Capital Markets and explores key emerging themes, trends, and important issues to our institutional clients globally. Listen to our two experts as they take a deep dive into the ESG landscape and equities.
22 min 34 sec
Join Paulette Jagers, Managing Director of Strategic Talent Initiatives at BMO, Jason Brommet, Head of Modern Work and Security Business at Microsoft, and Leslie Anderson, Global Head of Employee Tech Experience and U.S. Chief Technology, Resiliency and Experience Operations Officer for BMO Financial Group. in a conversation about why it is essential for employers to come from a place of empathy and work in partnership with their employees to dissolve barriers to inclusion. From hiring, to accessibility best practices, to employee experience, this episode touches on it all.
42 min 12 sec
Affordable and accessible housing continues to be top of mind for Canadians, with prices reaching historic heights and demand far outpacing supply. Join BMO’s Dan Adams and Justin Marchand, Chief Executive Officer at Ontario Aboriginal Housing Services (OAHS), as they discuss the housing crisis facing Indigenous communities as well as individuals in rural and urban areas, and the critical role that OAHS plays in actively making a positive difference in society.
25 min 31 sec
BMO recently hosted a Thinktank event to provide seven young people from Plan International Canada’s “Girl’s Belong Here” program an opportunity to consult and share unique perspectives on sustainability-related issues. The event was facilitated by BMO’s Sustainability team and framed around a 3-part discussion on sustainability and just transition topics. Listen what today’s youth had to say.
38 min 51 sec
The lack of common sustainability reporting standards across jurisdictions is a critical challenge for businesses and the financial sector in supporting the global shift to a more sustainable world, and it's an issue that concerns all of us, from climate change leaders to governments and regulators. Join BMO's Jean-Simon Farrah, Director, Canadian Government Relations, Charles Antoine St-Jean, CEO of CPA Canada, and BMO's Simon Fish, Special Advisor on Climate Changes, as they discuss Canada's bid to host the ISSB secretariat and the opportunities and challenges surrounding sustainability reporting standards.
51 min 19 sec
In this second installment of our two-part series on Canada’s National Day for Truth and Reconciliation, BMO’s Kona Goulet and Dr. Sinclair discuss the history of the residential schools system and its true impact on Canada’s indigenous.
23 min 17 sec
“We still have that story today. That story today is still very much one that came from residential schools, which is that Indigenous peoples don't matter. So that may be shocking for Canadians, but it's something that people need to hear in order to get to the truth, because we cannot get to reconciliation without understanding what's happened,” says Sustainability Leaders guest Dr. Niigaan Sinclair, Professor in Native Studies and Head of the Native Studies Department at the University of Manitoba. Join BMO’s Kona Goulet in this two-part series discussion with Dr. Sinclair around the history of Indigenous communities and residential schools system.
29 min 26 sec
Over the past year and a half, we've seen the business community step up and speak out about diversity and equity like never before. But achieving economic equity not only requires moving beyond meaningful dialogue to taking real action. We recently convened a panel of esteemed business leaders to share their unique perspectives and concrete ideas on how businesses can support efforts to close the racial wealth gap and drive lasting change. A transcript of this episode is available at bmo.com/sustainabilityleaders-podcast.
51 min 50 sec
"Investing in housing for all Canadians means removing barriers that exclude so many from a better life," said Sharon Haward-Laird, General Counsel and Co-Chair of BMO's Sustainability Council, BMO Financial Group. BMO recently announced a commitment to finance affordable housing over a ten-year period in support of the Canada Mortgage and Housing Corporation's (CMHC) aspiration that all Canadians have a home that they can afford and that meets their needs by 2030. Sharon Haward-Laird joins Sustainability Leaders host Jonathan Hackett, Romy Bowers, President and CEO of Canada Mortgage and Housing Corporation, Chief R. Don Maracle, Tyendinaga Mohawk Council, Mohawks of the Bay of Quinte, and Mike McGahan, CEO, InterRent REIT to discuss this new commitment to build a more inclusive society. A transcript of this episode is available at bmo.com/sustainabilityleaders-podcast.
52 min 55 sec
This year’s proxy voting season brought a clear message: Investors want to see greater ambition on climate change. This was especially apparent within the oil and gas sector, where three large companies were mandated to do more to accelerate change. Andrew Logan, Senior Director, Oil and Gas at Ceres, joins Sustainability Leaders host Nalini Feuilloley in a discussion that recaps the recent outcomes for Big Oil during proxy voting season and what it may mean for corporates around the world. Plus, Andrew discusses why it might be a greater risk for companies to be too slow on addressing climate change than moving too quickly. For a transcript of this episode visit bmo.com/sustainabilityleaders-podcast
33 min 52 sec
Sustainability Leaders host Whitney McWade, is joined by Maria Theofilaktidis and Larry Leva, from the IFRS Foundation, and Katie Schmitz Eulitt, with Value Reporting Foundation (formerly Sustainability Accounting Standards Board) to discuss the evolution of corporate reporting in a world where corporations are increasingly expected to manage their businesses in the interest of a wide array of stakeholders, including customers, communities, employees, NGOs, and of course shareholders.
52 min 41 sec
Sustainability Leaders host Jonathan Hackett, is joined by Alec Cheng, who serves as Vice President and Treasurer at Ontario Power Generation (OPG) and John Mauti, OPG's Chief Financial Officer in a conversation about sustainability and the role of nuclear energy as OPG, one of the largest, most diverse low-cost power generators in North America, strides toward a post-carbon economy. For a transcript of this episode visit bmo.com/sustainabilityleaders-podcast
25 min 58 sec
Michael Torrance, Chief Sustainability Officer with BMO Financial Group, speaks with Christian Heller, CEO of the Value Balancing Alliance, a not-for-profit group of 16 international companies that focuses on the development and standardization of a management accounting model to protect and create long-term value. Tune in for this discussion about how using better methodologies to assess and incorporate long-term values into decision-making can also help companies maximize profit. For a transcript of this episode visit bmo.com/sustainabilityleaders-podcast.
37 min 31 sec
Guest host Kona Goulet, Head, Indigenous Equity and Inclusion, BMO and Cree-Métis originally from La Ronge in Northern Saskatchewan, Canada, speaks to Dr. Bob Kayseas, Interim President and Vice President Academic of First Nations University of Canada, who specializes in Indigenous Business and Public Administration. As we reflect on the tragic discovery of the remains of an estimated 215 children on the grounds of a former residential school in Kamloops, British Columbia, join us in this conversation about the legacy and impact of the Indian Residential School system, Indigenous history, and the important role of education in the road to reconciliation.
43 min 17 sec
In this special episode of Sustainability Leaders, Dan Barclay, CEO of BMO Capital Markets, moderates a discussion on trends across the food and agriculture value chain with takeaways from BMO’s 16th Annual Farm to Market Conference. BMO experts include Joel Jackson, Fertilizers and Chemicals Analyst; Kelly Bania, Food Retail Analyst; and Ken Zaslow, Food and Agribusiness Analyst. Dan and the three analysts discuss this resilient industry that has survived and even thrived during challenging times and take a deep dive into core themes at this year’s conference, including the importance of ESG practices, concerns over inflation, and supply chain challenges. For a transcript of this episode visit bmo.com/sustainabilityleaders-podcast.
24 min 10 sec
BMO hosted a discussion in conjunction with Suncor and the Milken Institute, on streamlining and financing the business transition to a lower-carbon future. Moderated by Dan Barclay, Chief Executive Officer, BMO Capital Markets, a panel of experts looked at how the industry is mapping the march toward net zero and banks’ roles in financing the transition. For a transcript of this episode visit bmo.com/sustainabilityleaders-podcast
1 hr 1 min
Slavery is not a relic of the past, but something that is still a problem today. In fact, it is estimated that over 40 million people are living in slavery around the world. Investors and companies are getting more and more aware of the need to understand their exposure to forced labor and modern slavery and to act in some way to eradicate these practices. Rosey Hurst joins the podcast to discuss the importance of improving labour practices globally throughout the supply chain and her work in improving labour practices in supply chains, the types of risks companies face for enabling modern slavery, and what the future might look like with the mitigation of these forced labour practices. For a transcript of this episode visit bmo.com/sustainabilityleaders-podcast
38 min 9 sec
Sustainability Leaders host Jonathan Hackett and Scott Brison, BMO Vice-chair for Investment and Corporate Banking and a former member of parliament for Kings-Hants, Nova Scotia, speak to Robert Niven, CEO and founder of CarbonCure Technologies, a Nova Scotia company that manufacturers a technology that introduces recycled CO2 into fresh concrete to reduce its carbon footprint. Join us in this lively conversation about how key industries like concrete are taking action to fight climate change. For a transcript of this episode visit bmo.com/sustainabilityleaders.
43 min 36 sec
In the U.S. alone, it is estimated that more than 130 people die each day from overdosing on opioids and millions more abuse prescription pain relievers every year. How did the use of opioids as a painkiller spiral into the addiction crisis it is today? And how can changes be made in the future to mitigate this crisis? Enter the Investors for Opioid and Pharmaceutical Accountability (IOPA). The group, which had 67 members with over $4 trillion in assets under management as of July 2020, uses investor engagement to make changes within the entire supply chain to hold companies accountable for their actions. Meredith Miller joins BMO’s Catherine McCabe to discuss how IOPA was formed, how it engages with three main subgroups of the opioid supply chain, and their initiatives around corporate governance through 2021 and beyond. For a transcript of this episode visit bmo.com/sustainabilityleaders-podcast.
47 min 57 sec
Michael Torrance is joined by Dr. Mark Johnston, Strategy Lead for Nature-based Solutions & Biodiversity at BP, and member of the newly formed working group TFND (Task Force on Nature-related Financial Disclosure), to discuss how biodiversity applies to everything in a natural world and the private sector role in delivering a sustainable working framework. For a transcript of this episode visit bmo.com/sustainabilityleaders-podcast.
43 min 48 sec
Jonathan Hackett is joined by Derrick Emsley, CEO and Co-Founder of tentree, the Canadian lifestyle apparel brand whose first mission is to plant 10 trees for every product sold, in a discussion about carbon offsets, tree planting and how the way we look at sustainability is changing. For a transcript of this episode visit bmo.com/sustainabilityleaders-podcast.
13 min 31 sec
John Uhren is joined by Chantale Després, Assistant Vice-President Sustainability, at CN, to discuss sustainability strategy at one of the world’s top transportation and logistics companies, starting with a freshly-inked $2 billion sustainability linked loan that was the largest in Canadian history. For a transcript of this episode please visit bmo.com/sustainabilityleaders-podcast
31 min 10 sec
Maria Nsouli is joined by Alex Lazarow, a partner at the Global Venture Capital firm, Cathay Innovation, and and author of Out-Innovate: How Global Entrepreneurs - from Delhi to Detroit - Are Rewriting the Rules of Silicon Valley, David Lowish, a founder of Atlas Impact Partners, and Tania Carnegie, global lead for private equity and asset management at KPMG Impact, in a discussion about how impact investing has evolved over the last few years.
26 min 53 sec
Jonathan Hackett is joined by Elizabeth Shirt, Managing Director from GLOBE Series, to talk about working towards a more sustainable, prosperous, and socially just future. In this interview, hear about how GLOBE Series is part of a group of organizations, each of which brings something different to the table, creating a powerful drive toward a common vision. For a transcript of this episode visit bmo.com/sustainabilityleaders-podcast.
18 min 9 sec
Michael Torrance is joined by Eric Usher, who heads of the UN Environment Programme Finance Initiative (UNEP FI) to discuss the Principles for Responsible Banking, the impacts of climate change and the transition to a lower-carbon economy. For a transcript of this episode please visit bmo.com/sustainabilityleaders
41 min 19 sec
Dan Barclay is joined by Tom Butler, CEO for the International Council on Mining and Metals in a discussion on how ESG policy has evolved in the metals and mining space and how mining stepped up during the pandemic. Hear also about how the industry’s views and approaches to the issues like Climate Change, Water Stewardship and Biodiversity have radically changed over recent years, moving from “nice-to-have” policies to frameworks that are essential to miners’ license to operate and access to capital.
30 min 49 sec
On the next episode of Sustainability Leaders, Darryl White, CEO, BMO Financial Group, leads a discussion with BMO experts and special guests Sean Cleary, Executive Director, Institute for Sustainable Finance Queen’s University and Eric Usher, Head, UN Environment Programme Finance Initiative, on BMO’s climate ambition and on the role of financial institutions in achieving a net zero world. Visit bmo.com/sustainabilityleaders-podcast for a transcript of this episode.
53 min 10 sec
Sustainability Leaders’ special guest host Eric Smith, Vice-Chair of BMO Harris Bank is joined by Shelley Stewart III, a Partner at McKinsey & Company and one of the leaders of their Institute for Black Economic Mobility, and Andrea Zopp, a Managing Partner at Cleveland Avenue, a venture fund that fosters growth in the food, beverage and restaurant industries. Andrea previously served as CEO and President of both the Chicago Urban League and World Business Chicago. A transcript of this episode is available at bmo.com/sustainabilityleaders-podcast.
38 min 23 sec
To celebrate Black History Month and International Women’s Day and in keeping with our commitment to building a society with zero barriers to inclusion, we invite you to listen to this special episode of Sustainability Leaders featuring the Right Honourable Michaëlle Jean, Canada’s 27th Governor General, and the first Haitian-Canadian to hold the office, and a panel of BMO executives including Darryl White, CEO, BMO Financial Group. The event, Building Empowerment Through a Racial and Gender Equity Lens, is moderated by Deland Kamanga, Head, Global Markets, BMO Capital Markets and focuses on intersectionality and empowerment. A transcript is available at bmo.com/sustainabilityleaders-podcast.
1 hr 30 min
In this episode, Michael Torrance speaks with Pavan Sukhdev, an internationally recognized authority on the integration of sustainability impact and natural, human and social capital into accounting and disclosure for the private sector. They discuss how natural capital is defined, different disclosure frameworks, and how companies should approach this subject.
41 min 59 sec
In this episode of Sustainability Leaders, Michael Torrance talks to Eric Smith, Vice-Chair, BMO Harris Bank, and Christine Canning, Managing Director of Supplier Relationship Management at BMO, about the importance and benefits of sourcing from minority-owned businesses. They’ll offer tips on how businesses can create a successful framework for sourcing from minority-owned firms, who should be at the table when you’re developing a strategy and how to measure success. For a transcript of this episode you can visit bmo.com/SustainabilityLeaders.
44 min 38 sec
BMO Global Asset Management’s Responsible Investing team celebrated there 20th year of investor engagement in 2020. In that time, corporate engagement on ESG issues has gone from niche to relatively mainstream, but there is still much work to do help companies align their bottom lines with positive ESG changes in their business. Jonathan Hackett is joined by Vicki Bakhshi, a Director in BMO GAM’s Responsible Investing team, to discuss the sea change that has taken place during the last 20 years of investor engagement. Plus, Vicki discusses what the team believes the next ten years will bring as engagement on ESG topics broadens to more companies in more countries than ever before.
23 min 40 sec
Bloomberg recently hosted its third annual Sustainable Finance Week with BMO as a presenting sponsor for the second consecutive year. Bloomberg Sustainable Finance Week brings together corporations, clients and thought leaders for a discussion on sustainable finance, focusing on ideas and innovations that drive environmental and social improvement on a global scale. Bloomberg brings together a number of sustainable finance solutions, offering data-driven insights to help investors integrate ESG throughout the full investment process. This includes ESG solutions that combine and standardize company-reported and third-party data, including ESG scoring, access to news and research and analytics built specifically for investors. BMO’s John Uhren is joined by Patricia Torres, Global Head of Sustainable Finance Solutions at Bloomberg, in a discussion on its efforts to enhance ESG disclosure and transparency.
37 min 19 sec
November 18 marked the start of World Antimicrobial Awareness Week 2020, which aims to bring attention to the ever-evolving public health crisis of antimicrobial resistance (AMR) due to the overuse and misuse of antibiotics around the world. Dame Sally Davies, UK Special Envoy on Antimicrobial Resistance, and James Anderson, Head of Corporate Government Affairs at GlaxoSmithKline, who leads the company’s advocacy on AMR, joins the podcast to discuss how antibiotic use in humans, livestock and plants is fueling AMR today. Plus, they provide an overview of engagement in this space to encourage responsible antibiotic use globally.
48 min 40 sec
In the second episode of our two part series Canadian Energy and Innovation, Jonathan Hackett takes us through two case studies of companies that have found ways to innovate to directly address the problem of greenhouse gas. First he is joined by Steve Oldham, CEO of Carbon Engineering, a Canadian company that has developed a technology for Direct Air Capture of carbon dioxide. The later in the episode he speaks with Kevin Jabusch, President and CEO of Enhance Energy, about how his company uses the Alberta Carbon Trunk Line to create a business model around Carbon Mitigation and their plans for the future of this industry. Full transcript available at bmo.com/Sustainabilityleaders-podcast
30 min 14 sec
Around the world, livestock is responsible for more gas emissions than every car, airplane and train put together. What changes can be made to the food production system to support an ever-growing population while also mitigating impacts on our environment? David Sneyd is joined by Jo Raven from FAIRR Initiative to discuss the progress that is already underway to create a more sustainable system, including the rise of alternative, plant-based proteins in the food supply chain.
21 min 27 sec
The Canadian energy sector is a leading source of sustainable energy and innovation that will make Canada a leader in the decades to come. It is subject to some of the world’s highest environmental and social regulatory requirements, building on Canada’s strong governance approach to these topics. In order to meet international climate goals and raise standards of living, the energy sector requires innovation. On today’s podcast, Michael Torrance speaks with three different guests to talk about innovation and leadership in the Canadian energy sector. First, Chris Slubicki, President and CEO of Modern Resources - a Western Canadian oil and gas producer, talks about how Canada is a global leader in sustainable energy and energy production. Then Ray Kwan, an Oil & Gas Analyst with BMO Capital Markets Equity Research, talks about the innovative process of Carbon Capture Utilization and Storage (CCUS) and how CCUS works. Finally, Jeff Pearson, the President of the Carbon Business Unit at Wolf Midstream - the company developing The Alberta Carbon Trunk Line, talks about how Wolf Midstream has used the innovative process of CCUS in developing the Alberta Trunk Line project.
38 min 35 sec
Designing flexible plastic packaging that is recyclable or compostable is a growing sustainability trend. At the forefront of this trend are consumers who are increasingly noticing the impact of plastics on air pollution and marine life. In response to this trend, governments around the world are passing legislation to minimize packaging waste, including Canada, which has committed to zero plastic waste by 2030. The ultimate goal is to create a sustainable circular economy where plastic never becomes waste, and rather can be reused, repaired, and remanufactured. Today’s guest, Magali Depras, Chief Strategy Officer at TC Transcontinental, talks about how sustainable packaging can positively impact the economy, the environment and the future, and TC Transcontinental’s commitment to sustainability.
29 min 3 sec
On this episode, Michael Torrance speaks with report co-author, Tytti Kaasinen Associate Director, Engagement Services at Sustainalytics and Simon Chorley, International Programs Manager at UNICEF Canada. In 2019, UNICEF and Sustainalytics partnered to develop Investor Guidance on Integrating Children’s Rights into Investment Decision Making. The resulting guidance is directed at investors and ESG research providers interested in exploring how companies and investors can mitigate risks and identify opportunities that advance children’s rights while generating both societal and upside financial benefits. It aims to help investors ensure that child rights impacts linked to business activities do not constitute a blind spot within their approach to responsible investment and active ownership. For full transcript and links, go to http://www.bmosustainabilityleaders.com/.
42 min 58 sec
On this show, Whitney McWade, a Senior Advisor in a Sustainability Group at BMO, talks with Careen Abb from the United Nations Environment Program Finance Initiative. Careen leads the Positive Impact Initiative (PII), which is a think and do tank at the United Nations. The PII aims to capitalize the finance sector’s ability to finance sustainable development and the transition to an impact-based economy to achieve the Sustainable Development Goals (SDGs). For the PII, Careen has co-authored “Rethinking Impact to Finance the SDGs”, a seminal paper which sets out the PII’s unique theory of impact. She led the development of the principles for the positive impact finance, which proposed a holistic approach to impact management. Careen talks about this holistic approach, the PII’s theory of impact, and how it can influence the financial sector. For full transcript and links, go to http://www.bmosustainabilityleaders.com/.
46 min 53 sec
Today’s guest, Dr. Mekala Krishnan, is one of the author’s of the Mckinsey Global Institute’s ground-breaking report, “Climate risk and response - Physical hazards and socioeconomic impacts”. Dr. Krishnan’s research focuses on various topics related to inclusive growth and economic development, including climate risk, globalization, productivity growth in advanced economies, and women’s role in labor markets. Her most recent research focuses on the near-term impact of physical climate risk across sectors and geographies, including its implications for companies and countries. In this episode, Dr. Krishnan talks with Michael Torrance about how physical climate risks can impact economies, and financial and social systems. She also talks about the physical climate risks that could influence investors, businesses and governments in the next 10-30 years.
42 min 3 sec
The Paris Agreement target to limit temperature increases to 1.5 degrees Celsius above pre-industrial levels is widely discussed, but there is also a less cited part of the Agreement - the Preamble, which mentions that the transition to a net zero carbon economy should be a just one. Underpinning the concept of a just transition is the inclusive wealth model. On today’s episode, special guest host Rani Pooran will take the listener through conversations with two leading thinkers, William Irwin, Policy Analyst, The Grantham Research Institute at the time of recording Steven Stone, Chief of the UN Environment Programme’s Resources and Markets Branch on why investing in a just transition is critical to achieving the economic potential and managing the social impacts of the net zero carbon challenge, and how measuring dimensions such as human and natural capital can further countries’ progress.
41 min 51 sec