If the financial risk from climate change is a flavour of the day,
the Premier of Alberta should prepare himself for one very long day.

The threat of climate change to the stability of the world’s
financial system is increasingly a top concern for investors around the
world. What was once considered a niche issue is now regularly cited by
central bankers and CEOs of the world’s biggest companies as a major
threat—not in the future, but today.

With national governments failing to move at the speed necessary to
address the climate crisis, the financial sector is driving the shift
towards a low-carbon economy. Sustainable finance is directing billions
of dollars towards cleaner, greener businesses—and those who ignore or
deny what’s happening will lose out on new business opportunities.