Canada’s financial industry is girding for battle as it pushes to include its vast energy resources in one ofthe hottest sectors of global finance -- the multi-trillion market for green and sustainable assets.Allowing industries like the oil sands to tap the sustainable debt market may seem like an oxymoron butCanada argues finding a way to finance the industry’s transition to greener technologies will be key tocutting emissions. A task force, made up of bankers, investors such as pension funds and social groups isdeveloping nationwide classifications for the market before joining global talks where it is expected tomeet stiff resistance.
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