Financial and Monetary Systems

A 'green interest rate?' Fed digs into climate change economics

“Climate change creates material risks for U.S. financial institutions and by extension the entire U.S. economy,” Image: REUTERS/Sarah Silbiger

Ann Saphir

Lindsay Dunsmuir

Writer, Reuters

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A firefighting helicopter makes a water drop on the Getty Fire as it burns in the hills of West Los Angeles, California.
Image: REUTERS/Gene Blevins
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Beach erosion and debris are seen due to Hurricane Dorian as the A1A coastal route of Vilano Beach is closed, in St. Augustine, Florida, U.S.
Image: REUTERS/Maria Alejandra Cardona
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Related topics:
Financial and Monetary SystemsClimate ChangeGlobal RisksBanking and Capital Markets
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