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Fed Nominations: The Important, Empty Seat

Expert BlogUnited StatesSarah Dougherty

Fed nominations filled in some upcoming vacancies—but left the important position running bank supervision empty. This is especially important for managing climate risk and working to avoid a 2008-level financial crisis.

G7 and SEC: Mandatory Climate Risk Disclosure Needed Now

Expert BlogInternationalTom Zimpleman, Gabriel Daly, Sarah Dougherty

G7 leaders met in the UK last week, and climate was high on the agenda, as it must be. One of the areas of agreement among the leaders of the world’s largest economies might seem new but has been in…

Whole of Government: Financial Risks

Expert BlogUnited StatesSarah Dougherty

President Biden’s executive order on climate-related financial risk builds on his whole of government approach to the growing threats from climate change—the only approach that makes sense and protects all of us from climate-linked financial upheaval.

The Fed Has All the Authority Needed for Climate Action

Expert BlogUnited StatesSarah Dougherty
Recent letters and statements from Senator Toomey could not be further off the mark about the Fed and climate change: studying climate risk and acting on it are clearly a part of the Fed’s congressionally- given powers and requirements

The Federal Reserve’s New Signals on Climate

Expert BlogUnited States, Washington, D.C.Sarah Dougherty
The Fed, the U.S. central bank, has moved from irregular mentions to a concerted effort to roll out a spate of new ideas and endeavors that highlight the risks of climate change to our financial system.