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The Commodity Futures Trading Commission to create a climate risk unit Wednesday

The Commodity Futures Trading Commission to create a climate risk unit Wednesday
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Bank of Canada aims to use 100% clean electricity by 2022

Central Banking Central Banking Newsdesk Print this page   A deputy governor from the Bank of Canada says the central bank will transition to 100% clean electricity by 2022. Speaking with the Network for Greening the Financial System (NGFS), Paul Beaudry detailed parts of the central bank’s green roadmap. The plan includes making the switch to clean electricity and “reducing buildings-related greenhouse gas emissions by 80% by 2030”. The central bank wants to achieve net zero emissions by 2050, in line with the government’s targets. The Bank of Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

The Future of Climate Change Risk Regulation for Insurers in America? | McDermott Will & Emery

To embed, copy and paste the code into your website or blog: In the few short weeks since our last report on climate change and the US insurance industry, the volume of climate change news has been extraordinarily high. The range of developments has been broad to say the very least from fund managers announcing new offerings said to be green and sustainable, to critics denouncing fund managers falling short on sustainability, to Aviva, Citibank and Generali (and others) publishing sustainability achievements or new targets to achieve net-zero emissions, to advances by developers and providers of climate change standards and metrics (

Climate Change Risk Regulation s Future for Insurers in America?

Friday, March 12, 2021 In the few short weeks since our last report on climate change and the US insurance industry, the volume of climate change news has been extraordinarily high. The range of developments has been broad to say the very least from fund managers announcing new offerings said to be green and sustainable, to critics denouncing fund managers falling short on sustainability, to Aviva, Citibank and Generali (and others) publishing sustainability achievements or new targets to achieve net-zero emissions, to advances by developers and providers of climate change standards and metrics ( e.g., the Geneva Association, Moody’s), to China reiterating goals to reduce its emissions over the next five years, to the politically charged debate within the US Securities and Exchange Commission (SEC) as to which comes first a new global framework of common metrics and standards to help regulators analyze climate change risk disclosures or stepped-up enforcement efforts.

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