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Stubborn fossil fuel financing and severely out-of-step renewable investments mean Canadian banks are undermining climate progress.

Electric-vehicle sales in Canada grew by more than one third in the first half of this year but they are not keeping pace with the rest of the world.

The short-term prospects for wind and solar power look rocky amid the economic upheaval of the coronavirus. But long term, renewables could emerge stronger than ever, especially if governments integrate support for clean energy into Covid-19 economic-recovery programs.

The developing world is now driving the deployment of clean energy technology, while wealthier nations are stepping back on new builds, says a new report.