November 29, 2021

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‘Substantial amount of work yet to be done’: Major report calls on SEC, Fed, banks and insurers for robust climate-risk disclosure

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, SEO, Wordpress Support & Insurance, Mortgage, Loans, Legal, Etc Blogs
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The gatekeepers of financial markets should embrace smarter climate-change technology, accessible risk data, and consider a call for taxes or emissions-cutting rules and incentives, all as part of a broad portfolio of actions to measure and protect against climate change, an oversight group said in the first report of its kind Thursday.

Ignoring a multistep approach on climate change is ignoring this “emerging threat to the financial stability of the United States,” the Financial Stability Oversight Council (FSOC) said in…

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