Top US Regulator Warns Financial System Is At Risk Due To… Climate Change

 · Submitted by Nick Cunningham of OilPrice.com A top U.S. financial regulator is worried that climate change could threaten global financial markets. Rostin Behnam, a commissioner at the Commodity futures trading commission (cftc), said that the financial system was at risk from the growing frequency and severity of storms .

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A top U.S. financial regulator is worried that climate change could threaten global financial markets. Rostin Behnam, a commissioner at the Commodity Futures Trading Commission (CFTC), said that the financial system was at risk from the growing frequency and severity of storms .

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Submitted by Nick Cunningham of OilPrice.com A top U.S. financial regulator is worried that climate change could threaten global financial markets. Rostin Behnam, a. As your browser does not support javascript you won’t be able to use all the features of the website.

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"It’s abundantly clear that climate change poses financial risk to the stability of the financial system." The enabling legislation that created the CTFC in 1974 gave it more autonomy from the executive branch than is common in the federal government.

Climate Change Poses Major Risks to Financial Markets, Regulator Warns "WASHINGTON – A top financial regulator is opening a public effort to highlight the risk that climate change poses to the nation’s financial markets, setting up a clash with a president who has mocked global warming and whose administration has sought to suppress climate science.

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The Financial system, environment and climate: a regulator’s perspective Welcome address by the Deputy Governor of the Bank of italy. 2007 financial crisis reminds us of the economic and social cost s of underestimating and underpricing risk.

"The refusal of President [Donald] Trump to acknowledge climate change being human-caused and his dismantling of regulation designed to reduce carbon emissions, result in the US. systems or.

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While a handful of northern counties, clustered in the upper Midwest, could see a net gain under unchecked climate change due to longer agriculture. meaning even greater financial losses. Flooding.