Climate Insider

Finance Officials Urged To Bolster Early Steps To Assess Climate Risks

April 7, 2021
Biden administration financial regulators are taking initial steps to account for climate change risks in the financial system, but they are facing growing pressure from environmentalists and other groups to do more, including limiting financing to fossil fuels, in an effort to spur a significant private sector shift toward low-carbon energy. Climate policies by the regulatory agencies have gained momentum during the Biden administration, including an expected push by the Securities & Exchange Commission (SEC) to require companies to disclose...

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