US green finance to put ‘ducks in a row’ for Trump exit
US regulators are taking slow steps towards accepting that climate change is a financial risk, but progress is being made. Appointments have been made to a CFTC committee created to better understand climate-related market risks and one of the members is Mindy Lubber, chief executive of sustainability organisation Ceres. She told GlobalCapital her organisation is working to prepare for a new, green-minded president.
Ceres wants companies, investors and the financial system to consider climate change a big risk. It provides evidence of climate change to investors and authorities.
The organisation’s strategy involves engaging with and meeting regulatory officials, collaborating with investors, and briefing members of US Congress.Although, the argument runs, ...