Canadian climate turnaround, China's environmental KPIs, industry climate risk task force and EU tax report

Canada's breath of fresh air

Canada's approach to climate change and environmental issues looks set to abruptly change following the election of Justin Trudeau as prime minister. Under the previous government of Stephen Harper, Canada became an environmental laggard. Its pledge to the Paris climate summit amounted to a measly 2% cut in industrial emissions by 2030 compared to 1990, according to Climate Action Tracker. But Trudeau has promised a national climate change plan under which the country's provinces will have to put in place measures that will contribute to a deeper emissions cut. Trudeau's agenda also includes more conservation measures, a “medium-term” phase out of fossil-fuel subsidies and a crack-down on air pollutants.

Trudeau's “mandate letter” to new environment minister Catherine McKenna

Environmental accountability in China

China is moving towards an environmental accountability system for government officials and their Chinese Communist Party mentors. The Chinese State Council in mid-November published an outline policy under which officials will be evaluated on how they manage land and water resources and deal with air pollution. Officials ranked as failing against criteria set by the policy could be demoted. The policy will be piloted in 2017 and spread out nationally in 2018. China has...

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Canada  climate change  Trudeau  Paris  China  accountability  climate financing  finance reform  tax avoidance  Luxembourg 

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