Sustainable Prosperity

By: Stephanie Cairns March 3, 2015
By and large, ecosystem valuation (giving a monetary value to the benefits that nature provides, such as purification of water by wetlands) is still an academic undertaking or one that is limited to raising awareness around the value of protecting or restoring nature. Until recently, attempts to translate ecosystem valuation into specific governance changes have been few and far between.
By: Pomme Arros February 26, 2015
Responding to climate change will require some significant changes in where investments flow in our economy. If we think about the role that investment plays in addressing climate change, we can compare between two investment actions: investing money to promote a low carbon economy, or divesting away from the fossil fuels that cause climate change in the first place.
By: Pomme Arros December 12, 2014

New analysis shows that without new and ambitious policy action Canada will miss its Copenhagen targets by a considerable margin. So while Canada will have to play climate policy catch-up to the rest of the world, it appears that a number of forward-looking provinces have already signed up to lead Canada in this mission.

By: Vincent Thivierge December 10, 2014

The numbers(external link) are in for Quebec and California’s first joint auction of GHG allowances (for convenience’ sake, I will use “allowance” and “permit” interchangeably in this post). The auction held on November 25th marked the last step in the linking of their cap-and-trade systems. Since January 2014, compliance instruments are fully fungible, meaning allowances or offsets from either jurisdiction can be used by firms in California or Quebec to cover their emissions.

By: Alex Wood December 8, 2014
Addressing climate change is going to require a lot of investment. The International Energy Agency estimates that the transition to a global low carbon economy will require upwards of US$53-trillion in cumulative investment in energy supply and energy efficiency by 2035. The National Round Table on the Environment and the Economy estimated in 2012 that an “annual investment on the order of $13 to $17 billion” was required in Canada to achieve our climate change objectives.
By: Mercedes Marcano December 2, 2014
How can cities be remade so that they can be enjoyed, and not just endured? At Sustainable Prosperity we focus on the development of the wide array of market-based instruments that can help cities address their many environmental and economic challenges.When well designed and implemented, they encourage the things we need to make more livable, sustainable and healthier cities (such as greater downtown density, more and safer bike lanes and revitalized public spaces), and less of the things that make them miserable (like congestion and poor air quality).
By: Michelle Brownlee November 13, 2014
Increasingly, companies are seeing that there are other things that also matter a lot – things that aren’t seen in their financial statements: natural capital.
By: Mercedes Marcano October 29, 2014
In my previous blog post I explained how Water Quality Trading (WQT) works and how this market-based instrument enhances the cost effectiveness of pollution control policies. In this second blog post I identify the top 10 lessons learned from Ontario’s small – but significant – experience with WQT.
By: Pomme Arros October 16, 2014
Learning from past successes to create the broad-based support for deep transformational change can occur through one simple concept: collaboration. Identifying villains and heroes, winners and losers has no place in the collaborative process necessary for such change.
By: Michelle Brownlee October 15, 2014
We're losing biodiversity at an alarming rate. What policies can we use to slow or stop these losses? SP looks at market-based tools and one tool in particular - biodiversity offsets - to see what role they can play.


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