Where Things Stand
Canadian banks can classify a sustainable asset, sell a federal bond that funds marine conservation, and structure a blue bond in Mexico. What I cannot find is the condition of the ocean inside a Canadian credit decision.
The Basics
Finance almost never touches the ocean directly. It funds a vessel, a plant, a wharf upgrade. Understanding that chain, from a credit decision to an ecological outcome, is where blue finance starts.
A Path Forward
The question in April was which projects a CAD 25 billion federal fund would carry that were not being carried already. A September update on what has and has not been settled since.
Blue Currents
A monthly update on how finance is evolving to support ocean stewardship in Canada.
Blue Currents
A monthly update on how finance is evolving to support ocean stewardship in Canada.