Powering Canada Past Coal - Ep45: Catherine McKenna
Jun 9, 2021
auto_awesome
Canadian politician Catherine McKenna discusses the clean energy transition and infrastructure investments for economic growth. Topics include implementing a carbon price policy, empowering women in climate action, and navigating political strategies for climate initiatives. McKenna also shares insights on overcoming sexism in advocacy and the hopeful prospects for environmental leadership at COP26.
Massive infrastructure investments are crucial for driving economic growth and tackling climate change.
Collaborative efforts and leadership are essential for achieving ambitious climate goals on a global scale.
Strategic policy approaches must balance environmental imperatives with socioeconomic considerations for just transitions.
Deep dives
Transitioning to Infrastructure Investments for Climate Action
Minister Katherine McKenna explains how the shift from Environment and Climate Change Minister to Infrastructure and Communities Minister signals a focus on massive infrastructure investments as key to climate action. Emphasizing the need for economic restart post-recession, she highlights the significant quantum of funds being invested in infrastructure to create jobs, drive economic growth, and tackle climate change. McKenna stresses the importance of aligning all infrastructure projects with a climate lens for a sustainable future.
International Collaboration and Multifaceted Approach to Climate Policy
Minister McKenna reflects on her pivotal role during the Paris COP 21 negotiations, stressing Canada's commitment to climate action and leadership on the global stage. She underscores the collaborative efforts of diverse stakeholders to achieve ambitious climate goals, citing the formation of the High Ambition Coalition advocating for the 1.5-degree target. Acknowledging the vital role of women leaders like Teresa Ribera in driving climate policy and coordinating across sectors, McKenna underscores the necessity of all-encompassing climate action.
Navigating Policy Challenges in Climate Action Implementation
Addressing the complexities of climate policy, Minister McKenna delves into the intricacies of implementing policies like pricing pollution alongside transitioning away from coal. She shares insights on designing the 'climate action incentive' program to align with economic and environmental goals, emphasizing the importance of communicating effectively and navigating political challenges. McKenna highlights the significance of ensuring just transitions for affected communities, showcasing the need for strategic policy approaches that balance environmental imperatives with socioeconomic considerations.
Investing in Developing Countries' Opportunities
The podcast emphasizes the importance of investing in developing countries by assessing opportunities and providing financial assistance to de-risk investments, attracting private capital. This strategic approach involves not leaving investment to chance but requires sophisticated analysis and effort to direct capital effectively. By structuring investments with national and multilateral guarantees, like the successful program in Argentina, GreenMap, participants can avoid crowding out competition and promote private sector involvement.
Climate Action and Financial Challenges
Discussions in the podcast highlight the challenges of transitioning to cleaner energy sources while addressing financial implications and political resistance. There is a shift towards recognizing the economic benefits of climate action, especially with wind and solar energy becoming more cost-competitive. However, sectors like heating and transportation may face higher costs in the shift to zero emissions. The conversation stresses the importance of valuing nature, creating equity in climate actions, and fostering real dialogues to overcome political and financial hurdles.
Catherine McKenna is a Canadian Liberal politician serving as the Minister of Infrastructure and Communities since 2019. Before that she was the Minister of Environment and Climate Change for 4 years.
Her ministerial mandate includes ensuring infrastructure investments support just economic growth and the clean energy transition. Her ministerial mandate includes, inter alia, delivering of “accessible affordable, active and zero-emissions transit options”, “investing in large-scale building retrofits and clean power” and “continuing to close the infrastructure gap in Indigenous communities, particularly with respect to affordable housing”.
Before taking the infrastructure and communities portfolio, Catherine was in charge of the Ministry of Environment and Climate Change. She was appointed just before COP21 in Paris and played a significant role during the summit.
Catherine is a lawyer by education: she co-founded Canadian Lawyers Abroad, now called Level, a charity through which Canadian lawyers are able to work on pro bono cases around the world. She has also worked in leading Canadian and Indonesian law firms and was a negotiator with the United Nations mission in East Timor.
Catherine holds degrees from the University of Toronto, the London School of Economics and Political Science, and McGill University’s Faculty of Law. A mom of three, avid swimmer and canoeist, Minister McKenna is a long-time resident of the Glebe in Ottawa.