Fossil fuels inclusion would undermine incoming Canadian sustainable finance taxonomy -report

Published 21:08 on July 3, 2026 / Last updated at 21:08 on July 3, 2026 / / Americas (US & Canada), CO2 Management (CCUS), Net Zero Transition (Investment, Reporting & Disclosure)

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Including oil and gas activities in Canada's planned sustainable finance taxonomy would undermine its credibility, invite greenwashing and reduce its ability to attract investment for net zero-aligned projects, a new report argued.
Including oil and gas activities in Canada's planned sustainable finance taxonomy would undermine its credibility, invite greenwashing and reduce its ability to attract investment for net zero-aligned projects, a new report argued.


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