Trump stance throws doubt on TCFD hopes
Hopes that the recommendations of the Task Force on Climate-Related Financial Disclosures will be adopted by the G20 have been cast into doubt by the US’s swing away from international action on climate change under President Trump, green finance experts said this week.
The TCFD, which revealed its proposals for consultation in December, is one of the most promising initiatives to green the financial system and make it fit to fight climate change.
The Task Force, instigated by the G20’s Financial Stability Board and backed by Mark Carney, Bank of England
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