Fed urges caution in wake of Silicon Valley collapse, so what about climate?
In the wake of the Silicon Valley Bank collapse, the Fed has said a precautionary approach towards risk is needed. Will this be applied to climate-related risk, ask Anne Perrault and David Arkush of Public Citizen.
How Green Is the Fed?
This briefing assesses the Federal Reserves’s poor performance in adapting its operations to the accelerating climate emergency.
How Regional Federal Reserve Banks Can Contend with Economic Risk from Climate Change
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.
Why the Fed and ECB Parted Ways on Climate Change
The Politics of Divergence in the Global Central Banking Community
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.