India’s energy future needs to be low-carbon, climate-resilient and protected against price fluctuation. It can meet these needs by investing in Canadian oil companies, given the country’s political stability and rule of law. India can also attract greater foreign direct investment at home through the issuance of green bonds, a climate finance debt instrument that addresses environmental and climate-related challenges. This paper explores the regulatory perspective of the green bond market.
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Canada has been one of the biggest success stories in oil over the past few years. India should consider financial investments in Canadian energy assets as a means to secure its energy supplies. This paper studies the feasibility and prospects for Indian investment in Canada's petroleum sector.
The shifting trends in trade, especially given the growth in communications capacity and reduced cost of computing have altered traditional economic development. India and Canada have a shared commercial interest in E-trade. Both countries need to align their resources to frame trade rules of the new digital economy, to mutual benefit.
The shift in the global trend from trade in goods to trade in services, especially digital services has focused attention on the necessity of a modern and robust regulatory framework for it. The bilateral steps by India and Canada outlined in this paper can feed into current efforts by multilateral institutions to develop a universal framework for capturing services trade data.
The global energy scenario has changed in every way – be it in demand, supply or energy type – in the last two decades. The only unchanged component has been the currency of energy trade: the U.S. Dollar. Lately, though, the Chinese Yuan has emerged as a challenger. Can the Indian Rupee be a third contender?
The use of climate intervention technologies has not taken into sufficient account the social dimensions of climate intervention research, which includes citizen participation and pooling of knowledge resources. To fill this lacuna, Canada and India can examine what participation in climate intervention research means in the context of an African country to be able to evolve a more international view; urge both countries to conduct national policy discussions on climate intervention research; and increase public awareness of climate intervention technologies
The use of terrestrial geoengineering techniques, such as carbon capture, is necessary to keep the rise in global temperatures below 1.5 degrees Celsius, as per the Paris Agreement’s targets. Terrestrial geoengineering is different from atmospheric climate engineering: the latter does not remove the very source of the increased greenhouse effect, which are anthropogenic greenhouse gases. India and Canada must collaborate on carbon capture and propose multilateral regulations for unethical atmospheric climate engineering
The virtual computer world holds tremendous potential for harm infliction, and cybercrime is a growing concern for India and Canada. Both countries have cracked down on digital black markets, where transactions for contraband and illegal services take place, but such cooperation can be further deepened through advanced use of technology and informal collaboration, for example, thereby also contributing to international security at the multilateral level
India and Canada share the same vulnerabilities when it comes to cyber security. They have been victims of suspected Chinese hackers and have mutual concerns about terrorism and election manipulation. This paper makes four recommendations on how the two countries can cooperate to build trust and further their strategic and economic interests
America is increasingly using sanctions as a geopolitical tool against its rivals, Russia, Iran and Venezuela. These countries are important partners for India, which needs to find ways around unilateral American sanctions.