HUD seeks to limit financial risks with ‘climate action’ plan

November 16, 2021
The Department of Housing and Urban Development (HUD) is seeking to limit its financial and other vulnerabilities from climate change with a new “action plan” that includes updating standards for disaster-relief grants and mortgage assistance. HUD touted its Climate Action Plan , first released on Oct. 7, during a series of COP26 events last week. In the report, HUD identifies its financial vulnerabilities in the face of climate change and pledges action to reduce emissions and bolster resiliency, while also...

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