Managing Climate Risk in the U.S. Financial System PDF Download

Author: Leonardo Martinez-Diaz
Publisher: U.S. Commodity Futures Trading Commission
ISBN: 057874841X
Category : Science
Languages : en
Pages : 196

View

Book Description
This publication serves as a roadmap for exploring and managing climate risk in the U.S. financial system. It is the first major climate publication by a U.S. financial regulator. The central message is that U.S. financial regulators must recognize that climate change poses serious emerging risks to the U.S. financial system, and they should move urgently and decisively to measure, understand, and address these risks. Achieving this goal calls for strengthening regulators’ capabilities, expertise, and data and tools to better monitor, analyze, and quantify climate risks. It calls for working closely with the private sector to ensure that financial institutions and market participants do the same. And it calls for policy and regulatory choices that are flexible, open-ended, and adaptable to new information about climate change and its risks, based on close and iterative dialogue with the private sector. At the same time, the financial community should not simply be reactive—it should provide solutions. Regulators should recognize that the financial system can itself be a catalyst for investments that accelerate economic resilience and the transition to a net-zero emissions economy. Financial innovations, in the form of new financial products, services, and technologies, can help the U.S. economy better manage climate risk and help channel more capital into technologies essential for the transition. https://doi.org/10.5281/zenodo.5247742

Author: Jonathan Dickinson
Publisher: DIANE Publishing
ISBN: 9781422315927
Category : Science
Languages : en
Pages : 68

View

Book Description
This report is a comprehensive greenhouse gas inventory for both New York City as a whole & for City gov¿t. operations. While there is no substitute for fed. action, all levels of gov¿t. have a role to play in confronting climate change & its potential impacts, & this report will help N.Y. begin doing that more aggressively. Mayor Bloomberg created the Mayor¿s Office of Long-term Planning & Sustainability & charged it with developing a comprehensive sustainability plan for the City¿s future. The result is PlaNYC, which has set a goal of reducing missions by 30% below 2005 levels by 2030, an ambitious but achievable goal. This greenhouse gas inventory is a critical first step in reducing N.Y.¿s contribution to global carbon dioxide levels. Illustrations.

Author: Maryke van Staden
Publisher: Springer Science & Business Media
ISBN: 1402095317
Category : Science
Languages : en
Pages : 462

View

Book Description
Global warming is changing the world as we know it. Climate change can have catastrophic impacts in numerous cities across the world. It is time for us to react – quickly and effectively. The European Community (EC) has been leading the fight against climate change, making it one of its top priorities. We have introduced the most ambitious targets of their kind, known as the “20/20/20 by 2020” initiative within the “Climate Action and Renewable Energy Package.” As a result, European Member States have taken on a commitment to curb their CO emissions by at least 20% by 2020. 2 These targets are indeed commendable; however, they are only the start if we are to avoid the consequences of global warming. Whilst top level coordination from the European Institutions and Member State governments is vital, the role of mitigating and adapting to climate change at local level must not be forgotten. In fact, here cities, regions and their citizens play a significant a role. It is therefore vital they become directly involved in the climate change challenge. The European Commission therefore launched in 2008 a new initiative, the Covenant of Mayors, which brings together a network of European mayors in a voluntary effort to go beyond the European Union’s already ambitious targets. Half of our greenhouse gas emissions (GHGs) are created in and by cities.

Author: James Gustave Speth
Publisher: MIT Press
ISBN: 0262542986
Category : Political Science
Languages : en
Pages : 304

View

Book Description
A devastating, play-by-play account of the federal government's leading role in bringing about today's climate crisis. In 2015, a group of twenty-one young people sued the federal government for violating their constitutional rights by promoting the climate catastrophe, depriving them of life, liberty, and property without due process of law. They Knew offers evidence for their claims, presenting a devastating, play-by-play account of the federal government's role in bringing about today's climate crisis. James Speth, tapped by the plaintiffs as an expert on climate, documents how administrations from Carter to Trump--despite having information about climate change and the connection to fossil fuels--continued aggressive support of a fossil fuel based energy system. What did the federal government know and when did it know it? Speth asks, echoing another famous cover up. What did the federal government do and what did it not do? They Knew (an updated version of the Expert Report Speth prepared for the lawsuit) presents the most compelling indictment yet of the government's role in the climate crisis, showing a forty-year failure to take action. Since Juliana v. United States was filed, the federal government has repeatedly delayed the case. Yet even in legal limbo, it has helped inspire a generation of youthful climate activists. An Our Children’s Trust Book

Author: U.S. Global Change Research Program
Publisher: Cambridge University Press
ISBN: 0521144078
Category : Business & Economics
Languages : en
Pages : 193

View

Book Description
Summarizes the science of climate change and impacts on the United States, for the public and policymakers.

Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
ISBN: 0309471699
Category : Science
Languages : en
Pages : 207

View

Book Description
Climate change poses many challenges that affect society and the natural world. With these challenges, however, come opportunities to respond. By taking steps to adapt to and mitigate climate change, the risks to society and the impacts of continued climate change can be lessened. The National Climate Assessment, coordinated by the U.S. Global Change Research Program, is a mandated report intended to inform response decisions. Required to be developed every four years, these reports provide the most comprehensive and up-to-date evaluation of climate change impacts available for the United States, making them a unique and important climate change document. The draft Fourth National Climate Assessment (NCA4) report reviewed here addresses a wide range of topics of high importance to the United States and society more broadly, extending from human health and community well-being, to the built environment, to businesses and economies, to ecosystems and natural resources. This report evaluates the draft NCA4 to determine if it meets the requirements of the federal mandate, whether it provides accurate information grounded in the scientific literature, and whether it effectively communicates climate science, impacts, and responses for general audiences including the public, decision makers, and other stakeholders.

Author: Susie Moloney
Publisher: Routledge
ISBN: 1134810903
Category : Business & Economics
Languages : en
Pages : 176

View

Book Description
There is growing interest in analysing the role and effectiveness of the local scale in responding to the global challenge of climate change. However, while accounts of urban climate change governance are growing, there is now a real need for further conceptual and empirical work to better understand processes of change and uptake across a range of climate change actions. Local Action on Climate Change examines how local climate change responses are emerging, being operationalized and evaluated within a range of geographical and socio-political contexts across the globe. Focussing on the role and potential of local governments, non-government organisations and community groups in driving transformative change, the authors analyse how local climate change responses have emerged and explore the extent to which they are or have the potential to be innovative or transformative in terms of governance, policy and practice change. Drawing on a diverse range of case studies, including examples from Vanuatu, Japan, South Africa, Australia, Sweden, the USA and India, this volume will be of great interest to students and scholars of climate change, environmental policy and governance, and sustainability.

Author: Alice C. Hill
Publisher: Oxford University Press
ISBN: 0197549705
Category : Medical
Languages : en
Pages : 273

View

Book Description
"The Fight for Climate after COVID-19 draws on the troubled and uneven COVID-19 experience to illustrate the critical need to ramp up resilience rapidly and effectively on a global scale. After years of working alongside public health and resilience experts crafting policy to build both pandemic and climate change preparedness, Alice C. Hill exposes parallels between the underutilized measures that governments should have taken to contain the spread of COVID-19 -- such as early action, cross-border planning, and bolstering emergency preparation -- and the steps leaders can take now to mitigate the impacts of climate change. Through practical analyses of current policy and thoughtful guidance for successful climate adaptation, The Fight for Climate after COVID-19 reveals that, just as our society has transformed itself to meet the challenge of coronavirus, so too will we need to adapt our thinking and our policies to combat the ever-increasing threat of climate change." --

Author: National Research Council
Publisher: National Academies Press
ISBN: 0309145856
Category : Science
Languages : en
Pages : 134

View

Book Description
Climate change is occurring. It is very likely caused by the emission of greenhouse gases from human activities, and poses significant risks for a range of human and natural systems. And these emissions continue to increase, which will result in further change and greater risks. America's Climate Choices makes the case that the environmental, economic, and humanitarian risks posed by climate change indicate a pressing need for substantial action now to limit the magnitude of climate change and to prepare for adapting to its impacts. Although there is some uncertainty about future risk, acting now will reduce the risks posed by climate change and the pressure to make larger, more rapid, and potentially more expensive reductions later. Most actions taken to reduce vulnerability to climate change impacts are common sense investments that will offer protection against natural climate variations and extreme events. In addition, crucial investment decisions made now about equipment and infrastructure can "lock in" commitments to greenhouse gas emissions for decades to come. Finally, while it may be possible to scale back or reverse many responses to climate change, it is difficult or impossible to "undo" climate change, once manifested. Current efforts of local, state, and private-sector actors are important, but not likely to yield progress comparable to what could be achieved with the addition of strong federal policies that establish coherent national goals and incentives, and that promote strong U.S. engagement in international-level response efforts. The inherent complexities and uncertainties of climate change are best met by applying an iterative risk management framework and making efforts to significantly reduce greenhouse gas emissions; prepare for adapting to impacts; invest in scientific research, technology development, and information systems; and facilitate engagement between scientific and technical experts and the many types of stakeholders making America's climate choices.

Author: Diane Archer
Publisher: Taylor & Francis
ISBN: 1317217756
Category : Business & Economics
Languages : en
Pages : 241

View

Book Description
The role of cities in addressing climate change is increasingly recognised in international arenas, including the Sustainable Development Goals, the UN Framework Convention on Climate Change, and the New Urban Agenda. Asia is home to many of the countries that are most vulnerable to climate change impacts and, along with Africa, will be the site of most urban population growth over the coming decades. Bringing together a range of city experiences, Responding to Climate Change in Asian Cities provides valuable insights into how cities can overcome some of the barriers to building climate resilience, including addressing the needs of vulnerable populations. The chapters are centred on an overarching understanding that adaptive urban governance is necessary for climate resilience. This requires engaging with different actors to take into account their experiences, vulnerabilities and priorities; building knowledge, including collecting and using appropriate evidence; and understanding the institutions shaping interactions between actors, from the national to the local level. The chapters draw on a mix of research methodologies, demonstrating the variety of approaches to understanding and building urban resilience that can be applied in urban settings. Bringing together a range of expert contributors, this book will be of great interest to scholars of urban studies, sustainability and environmental studies, development studies and Asian studies.