Global S&T Development Trend Analysis Platform of Resources and Environment
US leads world in making public finances resilient to climate change | |
admin | |
2021-10-21 | |
出版年 | 2021 |
国家 | 欧洲 |
领域 | 气候变化 |
英文摘要 | The US leads other major economies with its distinctive focus on integrating climate change into economic management and public finances. It is also well ahead of other countries in taking serious measures to address the financial impact of physical climate risks. WASHINGTON DC
StoryIn May 2021, President Biden issued an Executive Order that directed his administration to develop a strategy on macro-financial climate-related risks. The economy-wide Roadmap to Build a Climate-Resilient Economy is one of the first outcomes directly connected to this executive order. It includes numerous measures to integrate climate risk into federal financial management and budgeting, underwriting and loans. This announcement comes at a crucial time, in the final period before the G20 and COP26 meetings where financial system reforms at international level will be under discussion. So far, few countries have been willing to take proactive steps to make their own public finances fully resilient to climate change. The US is sending a strong signal to other countries to catch up with this critical agenda and should work to embed these reforms internationally as well as at home. Biden’s Executive Order also directed Treasury Secretary Janet Yellen to issue a report on existing efforts and recommendations for action by the Financial Stability Oversight Council (FSOC) to mitigate climate-related financial risks. That Roadmap, published today, will be the United States’ first, important step in directing its financial regulatory agencies to address climate-related risks. QuotesClaire Healy, Head of E3G Washington DC office said:
Kate Levick, Associate Director, Sustainable Finance, said:
Taylor Dimsdale, Program Leader, Risk and Resilience, said:
Dileimy Orozco, Senior Policy Advisor, Macroeconomics, said:
ENDS Notes to Editors
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URL | 查看原文 |
来源平台 | E3G |
文献类型 | 科技报告 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/341282 |
专题 | 气候变化 |
推荐引用方式 GB/T 7714 | admin. US leads world in making public finances resilient to climate change,2021. |
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