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Don’t Waste $15B Growth Fund on Carbon Capture, Experts Warn Ottawa

Squandering the C$15-billion Canada Growth Fund on carbon capture and storage (CCS) for the oil and gas sector would be a huge mistake, warn experts from the International Institute for Sustainable Development (IISD), arguing that the cash-trapping technology has proved ineffective over decades while better investment options have emerged.
IISD in the news June 6, 2023

EU implements carbon border adjustment policy

The European Union’s Carbon Border Adjustment Mechanism is the beginning of new policies surrounding the global fight against climate change. The International Institute for Sustainable Development, an independent award-winning think tank, states that this policy development is an attempt to tackle emissions-intensive, heavily traded sectors through carbon pricing.
IISD in the news June 5, 2023

Landmark Agreement Curbing Harmful Fisheries Subsidies Awaits Ratification A Year After Adoption

This month marks the first anniversary of the World Trade Organization’s (WTO) historic Agreement on Fisheries Subsidies. The treaty, adopted at the WTO's 12th Ministerial Conference, established the first global, legally binding framework that limits subsidies for illegal, unreported and unregulated (IUU) fishing and fishing of overfished stocks, as well as subsidies to vessels fishing on the unregulated high seas. The agreement also calls for countries to exercise “due restraint” in providing subsidies to vessels that do not fly their country’s flag or those that fish stocks with unknown status.
IISD in the news June 2, 2023