Finance

Biden orders climate change risk strategy to economy

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US President Joe Biden delivers remarks and participates in the virtual Leaders Summit on Climate Session 5: The Economic Opportunities of Climate Action from the White House in Washington, DC, on April 23, 2021.

Jim Watson | AFP | Getty Images

President Joe Biden is directing the federal government to develop a strategy to curb the risk of climate change on public and private financial assets in the U.S, the White House announced on Thursday.

The executive order, titled Climate Related Financial Risk, directs National Climate Advisor Gina McCarthy and Director of the National Economic Council Brian Deese to develop a government-wide plan to identify and disclose climate risk on government…



Source cnbc.com

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