Jennifer Reynolds joins BNN Bloomberg to discuss TFI's New Sustainable Finance Report
Jennifer Reynolds, President and CEO of Toronto Finance International, joined BNN Bloomberg to discuss Capitalizing on Sustainable Finance: A Growth Opportunity for Toronto's Financial Sector - a new report released this week by TFI, in collaboration with Ernst & Young LLP (EY Canada) and Corporate Knights.
The report finds that the global transition to a low-carbon economy is providing an opportunity for financial centres to play a leading role in unlocking the potential of sustainable growth. An estimated investment of US$500 billion per year between now and 2030 will be required in order to keep global warming under 1.5° Celsius. As North America’s second largest financial centre, Toronto is well positioned to develop and expand expertise and talent in sustainable finance and capitalize on this economic opportunity.