State regulators could lead on CFTC climate risk plans
By Louie Woodall and Sharon Thiruchelvam
September 28, 2020, Risk
US state authorities could impose climate risk management requirements laid out in a flagship agency report regardless of which party wins the White House in November, say experts.
The climate-related market risk advisory subcommittee of the Commodity Futures Trading Commission (CFTC) published a report on managing the financial risks of global warming on September 9 – the first to be sponsored by a US federal authority.
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