![The Growth of Green Investing](https://cdn.magzter.com/1470409556/1638298842/articles/61b82f2e86171/The-Growth-of-Green-Investing.jpg)
More than three years have passed since a panel of sci-entists convened by the United Nations issued a stark warning: to avoid the most devastating effects of climate change, the world has until 2030 to cut greenhouse gas emissions by almost half. With just under a decade left, transforming Canada’s fossil-fuel-reliant economy in line with that monumental goal requires not only political commitment and innovation but also money — possibly as much as $200 billion in capital spending over the next nine years, according to Ryan Riordan, the director of research at Queen’s University’s Institute for Sustainable Finance. More windmills and solar panels need to be manufactured and installed, gas stations need to be upgraded with charging stations, diesel buses need to be swapped with hydrogenpowered ones, and buildings need to be retrofitted for energy efficiency. What’s not yet clear is who will pay for it all.
Governments, as wielders of the public purse, have an undeniable role in shepherding this economic transformation. But, according to Basma Majerbi, a finance professor at the University of Victoria’s Gustavson School of Business, “the scale of the investments needed to green our economy and transition to net zero are massive, and government’s money alone is not going to do it. We really need to mobilize private-sector financing to reach these goals.”
Bu hikaye The Walrus dergisinin January/February 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye The Walrus dergisinin January/February 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
![MY GUILTY PLEASURE](https://reseuro.magzter.com/100x125/articles/13875/1721021/ZjBpzYG4o1719492279999/MY-GUILTY-PLEASURE.jpg)
MY GUILTY PLEASURE
I WAS AS SURPRISED as anyone when I became obsessed with comics again last year, at the advanced age of forty-five. As a kid, I loved reading G.I. Joe and The Amazing Spider-Man.
![The Upside-Down Book](https://reseuro.magzter.com/100x125/articles/13875/1721021/69rONulnf1719492018954/THE-UPSIDEDOWN-BOOK.jpg)
The Upside-Down Book
In her new novel, Rachel Cusk makes the case for becoming a stranger to yourself
![Pick a Colour](https://reseuro.magzter.com/100x125/articles/13875/1721021/gfjRqDBPR1719491028118/PICK-A-COLOUR.jpg)
Pick a Colour
BACK HERE, I can hear a group of women trickle in. Filling the floor with giggles and voices.
![Quebec's Crushing Immigration Policy](https://reseuro.magzter.com/100x125/articles/13875/1721021/Va0q3epMo1719490712561/QUEBECS-CRUSHING-IMMIGRATION-POLICY.jpg)
Quebec's Crushing Immigration Policy
Familial separation can have devastating consequences on mental health and productivity
![The Briefcase](https://reseuro.magzter.com/100x125/articles/13875/1721021/F9k8iWEzU1719490185232/THE-BRIEFCASE.jpg)
The Briefcase
What I learned about being a writer from trying to finish a dead man's book
![In the Footsteps of Migrants Who Never Made It](https://reseuro.magzter.com/100x125/articles/13875/1721021/mgurf-_Dv1719487984600/IN-THE-FOOTSTEPS-OF-MIGRANTS-WHO-NEVER-MADE-IT.jpg)
In the Footsteps of Migrants Who Never Made It
Thousands have died trying to cross into the US from Mexico. Each year, activists follow their harrowing trek
![Blood Language](https://reseuro.magzter.com/100x125/articles/13875/1721021/XYrsQ_vA81719486997059/BLOOD-LANGUAGE.jpg)
Blood Language
Menstruation ties us to the land in ways we've all but forgotten
![Dream Machines](https://reseuro.magzter.com/100x125/articles/13875/1721021/mpkA9pAuF1719486535433/DREAM-MACHINES.jpg)
Dream Machines
The real threat with artificial intelligence is that we'll fall prey to its hype
![Invisible Lives](https://reseuro.magzter.com/100x125/articles/13875/1514951/2Hy-_fagA1707905048505/crp_INVISIBLE-LIVES.jpg)
Invisible Lives
Without immigration status, Canada's undocumented youth stay in the shadows
![My Guilty Pleasure](https://reseuro.magzter.com/100x125/articles/13875/1514951/290c5p7DA1707905886467/crp_MY-GUILTY-PLEASURE.jpg)
My Guilty Pleasure
"The late nights are mine alone, and I'll spend them however I damn well please"