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President Joe Biden is readying an executive order that would require companies to disclose the risks they face from climate change, special climate envoy John Kerry said this week.
Kerry didn’t elaborate on the details of the order or the timing, but the move would fulfill a
promise Biden made on the campaign trail to require all public companies to report their emissions and climate-related risks.
Already, the Biden administration has taken a number of actions to bolster capacity at agencies such as the Treasury Department, the Securities and Exchange Commission, the Commodity Futures Trading Commission, and the Federal Reserve to address the risks climate change poses to the financial system. Last month, the SEC
Fortune will favor banks that adjust for climate risks americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.
Meeting of Climate Action Coalition chaired by Minister of Finance Vanhanen as cooperation was joined by United States, Japan and South Korea Ministry of Finance Press release
Climate and economic policies were discussed by the finance ministers of over 60 countries at the meeting of the Coalition of Finance Ministers for Climate Action on 6 April 2021. In its spring meeting, the Coalition acquired eight new member countries, including the United States, Japan and South Korea.
The meeting was co-chaired by Finland’s Minister of Finance
Matti Vanhanen and his counterparts Rodrigo Cerda from Chile and
Sri Mulyani Indrawati from Indonesia. After the meeting, the Coalition will continue its work with Finland and Indonesia as chairs.
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MANCHIN’S LATEST FILIBUSTER FUSS: Sen.
Joe Manchin won’t vote to eliminate the filibuster and he’s also skeptical of reconciliation, because he’s told us this hundreds of times already, but it’s worth looking for clues about ramifications for energy policy in his latest warning.
Manchin, the chairman of the Energy Committee, advised President
Joe Biden and Senate Majority Leader
Chuck Schumer against using the reconciliation budget procedure to bypass the Senate filibuster and ram through major legislation with party-line votes.
Prince William: Banks must do more to protect environment yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.