The Federal Reserve Just Took A Major Step Forward On Climate
The Federal Reserve Just Took A Major Step Forward On Climate The U.S. central bank is joining the financial equivalent of the Paris Agreement, becoming one of the last of its peers to do so. The Federal Reserve on Tuesday took its most significant step forward on climate change, announcing that it joined a group of some 75 other central banks focused on rooting out the risk warming poses to the global financial system. The U.S. central bank’s five-member governing board voted unanimously last week to become a formal member of the Network of Central Banks and Supervisors for Greening the ...