FRB - "The Role of Financial Institutions in Tackling the Challenges of Climate Change"
EPA disasters - Knowledge Mosaic RSS 2021-02-23
Title: The Role of Financial Institutions in Tackling the Challenges of Climate Change Source: FRB Data/Action: Speeches Date: 2/18/2021 Text Preview: ...Institutions in Tackling the Challenges of Climate Change Governor Lael Brainard At the "2021 IIF U.S. Climate Finance... ...Climate change is already imposing substantial economic costs and is projected to have a profound effect on the economy at home and abroad. 2 Future financial and economic impacts will depend on the frequency and severity of climate-related events and on the nature and the speed at which countries around the world transition to a greener economy. 3 Climate change... ...Climate Change The economic consequences of climate change are already in evidence. There is growing evidence that extreme weather events related to climate change are on the rise—droughts, wildfires, hurricanes, and heat waves are all becoming more common. 4 Natural disasters are a major source of losses to households and businesses; one study finds that natural disasters...