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On February 11, Acting Comptroller of the Currency Rodney E. Hood announced the OCC’s withdrawal from the Network of Central Banks and Supervisors for Greening the Financial System. Hood emphasized that the OCC’s “primary...more
Over the past several weeks, each of the major US banks have announced their withdrawal from the Net Zero Banking Alliance (presumably in response to the policy priorities of the second Trump Administration). Although...more
The Financial Stability Board published a report containing a framework and analytical toolkit to assess climate-related vulnerabilities. The report introduces an analytical framework that the FSB will use to trace how...more
As we previewed before the 26th meeting of the Conference of the Parties of the U.N. Framework Convention on Climate Change (COP26, or the “Conference”), ongoing international discussions have produced notable initiatives to...more