President Biden signs sweeping climate-related financial risk order

Michael Holder
clock • 4 min read
Moves to address climate-related financial risk in the US could have a significant bearing on the global economy
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Moves to address climate-related financial risk in the US could have a significant bearing on the global economy

Executive order also directs White House to identify public and private financing needed to reach net zero in the US by 2050

The White House has ordered US federal agencies and financial regulators to develop climate risk strategies to "address the serious threat that the climate crisis poses to our economy" as part of a sweeping...

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