The Canada Pension Plan Investment Board (CPPIB) is financing four liquefied natural gas (LNG) terminals – and signalling there could be more to come – despite the industry bringing worsening climate damage and escalating financial risks to the Canada Pension Plan (CPP). #cdnpoli
LNG investments are particularly short-sighted for pension funds, which are mandated to invest for the long-term and are distinctly exposed to systemic climate risks.