United States' Ceres urges Canada to reinforce carbon pricing, require 75% methane cuts by 2030 and advance sustainability disclosure

Ceres published a letter to Canadian Prime Minister Mark Carney calling for a policy agenda intended to support a cleaner, more resilient and investable Canadian economy, framed around investor expectations on climate transition and sustainability-related financial risk. The organisation highlighted participation by 19 Canadian investors representing USD 1.7 trillion in assets under management in the Ceres Investor Network. The letter urges the federal government to maintain and strengthen the federal carbon pricing system, promote interoperability across provincial carbon markets, and develop a national clean electricity strategy covering transmission planning and enabling infrastructure. It also calls for regulatory reforms and financial tools, including environmental assessment streamlining and federal loan guarantees, that treat clean energy projects equitably alongside oil and gas, and for finalising oil and gas methane regulations that reduce emissions by at least 75% by 2030 relative to 2012 levels. Further requests include reassessing and phasing out certain fossil fuel subsidies, prioritising economic development approaches that reflect free, prior and informed consent and enable Indigenous equity participation, advancing a sustainability disclosure framework including NI 58-107, and revisiting Bill C-59 and proposed Competition Act guidelines to avoid deterring credible climate-related disclosures.