To address climate risks and lower costs for homeowners, the US government should create a reinsurance programme, according to a group of academics. …
Kevin Stiroh says central banks have a mandate to consider whether climate change will have material impact and act accordingly.
Departure of top climate official comes as the Fed navigates Trump’s hostility to green action.
This briefing assesses the Federal Reserves’s poor performance in adapting its operations to the accelerating climate emergency.
This study reviews 40 years of ‘Beige Book’ reporting from the 12 regional US Federal Reserve banks, focusing on their response to climate-related events and offering recommendations to address the growing climate threat to US financial and price stability.
According to this study, a supportive domestic environment enabled the European Central Bank to emerge as a leader in climate policy, while the Federal Reserve lags behind.
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