Sustainable Finance Action Council
- In May 2021, the Government of Canada launched the Sustainable Finance Action Council (SFAC) to help lead the Canadian financial sector towards integrating sustainable finance into standard industry practice. The SFAC’s Terms of Reference required it to work in close collaboration with the NZAB. The SFAC’s mandate ended on March 31, 2024.
- The SFAC had an early emphasis on enhancing climate-related financial disclosures in Canada’s private and public sector. The SFAC developed recommendations on data, disclosure, taxonomy and private capital strategies needed to strengthen Canada’s sustainable finance capabilities. As per it’s mandate, the SFAC regularly engaged with the NZAB to review and provide feedback on its reports.
More collaborations
Further explore the work we are doing with others
Canada Electricity Advisory Council
Enabling the growth and decarbonization of Canada’s electricity systems, in collaboration with the provinces, territories and with Indigenous partners.
Cambium Indigenous Professional Services (CIPS)
Engaging with Indigenous communities and considering Indigenous knowledge to inform NZAB’s advice.
International Climate Councils Network
Climate advisory bodies from over 20 participating councils and six continents formed the International Climate Councils Network (ICCN) – the first group of its kind.
Sustainable Finance Action Council
Leading the Canadian financial sector towards integrating sustainable finance into standard industry practice
Canadian Climate Institute
Rigorous analysis, economic modelling and in-depth research on climate change policy.
Compete and succeed in a net zero future
Concrete solutions that the Government of Canada should implement to ensure that Canada benefits from a carbon-neutral global economy, accelerates the achievement of a carbon-neutral economy and generates clean prosperity for generations to come.