Canadian banks put the 'green' in greenwashing
Canada's six biggest banks invest an average of 50 cents in clean energy for every dollar in fossil fuels. But even that's likely an overestimate.
Global financial institutions have a crucial role to play in the energy transition by transitioning their financing from fossil fuel projects to clean energy.
According to a recent report from BloombergNEF, banks are failing in this role on an international scale, but Canadian banks are even further behind than most…
