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US Treasury's Yellen warns of 'cascading' climate risk to financial system
08 March 2023The Secretary of the US Treasury has warned of the potential for climate-related events and their impacts on asset values to "cascade through the financial system" in the world's largest economy.
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US financial regulators acknowledge climate action needed amid 'increasing threat'
25 October 2021US regulators have identified climate change as an "emerging and increasing threat" to US financial stability for the first time
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US to phase out international fossil finance
17 August 2021The US government is to phaseout international finance for coal, oil, and gas except in restricted circumstances...
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How Biden could boost ESG in the US
20 January 2021Donald Trump has left significant ESG policy holes to repair in the US for the administration of Joe Biden, reports Ahren Lester
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US senate wins a 'huge opportunity' for Biden's green ambitions, says M&G
07 January 2021A "huge opportunity" has been handed to US President-elect Joe Biden to deliver on his green policy ambitions, according to M&G Investments, after his Democratic Party takes control of the US Senate following the elections in Georgia.
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Carney: 'Urgent' steps needed for net zero transition
12 October 2020Financial leaders such as former bank of England governor Mark Carney and former chair at the US Federal Reserve Janet Yellen have called for 'urgent and practical' steps to shape incentives, reduce uncertainty, and accelerate the transition to a net-zero emissions economy.