Sector Regulation Sector Regulation

US Fed asks to join global climate-change banking group

By Neil Roland
  • 10 Nov 2020 17:43
  • 10 Nov 2020 17:43
The US Federal Reserve has asked to join the international group of central banks trying to identify and manage risks to the financial system posed by global warming, said Governor Randal Quarles, the Fed’s regulatory chief.

“I expect they will grant it,” he told the Senate Banking Committee today.

The Network for Greening the

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