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Climate Beat

Regulation: Investor group urges financial regulators to respond to climate risks

June 2, 2020
U.S. regulators at both the federal and state level need to massively accelerate efforts to factor systemic risks of climate change into financial markets to avert future economic crises and enable strategies to fight global warming, according to a new report from the investor group CERES, which features dozens of recommendations. “Left unmanaged, [climate] risks could have significant, disruptive consequences on asset valuations, global financial markets and global economic stability,” according to the report “Assessing Climate as a Systemic Risk:...

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