US Financial Regulators Should Address Climate Risks That Threaten to Destabilize Our Economy

Environmental organizations, including the World Resources Institute and Ceres, are calling on US financial regulators to urgently address climate-related financial risks. They highlight a report by the Commodity Futures Trading Commission (CFTC) which identifies risks stemming from climate-driven damage to infrastructure and assets, as well as the failure of financial institutions to adapt to a net-zero-carbon transition.

• The Commodity Futures Trading Commission (CFTC) released a report titled 'Managing Climate Risk in the U.S. Financial System', which is the first federal report from a financial regulator to specifically examine climate risks to the US financial system.
• Climate-related financial risks arise from physical damage to assets—including housing, crops, and infrastructure—and the failure of financial institutions to adapt to regulation, technology, and consumer preferences during the transition to a net-zero-carbon economy.
• The signing organizations argue that US financial regulators have the existing legislative authority to address these risks and must act decisively to prevent the undermining of the US economy's financial support system.

APA

World Resources Institute (2020). US Financial Regulators Should Address Climate Risks That Threaten to Destabilize Our Economy. https://www.wri.org/news/statement-us-financial-regulators-should-address-climate-risks-threaten-destabilize-our

Chicago

World Resources Institute. US Financial Regulators Should Address Climate Risks That Threaten to Destabilize Our Economy. 2020. https://www.wri.org/news/statement-us-financial-regulators-should-address-climate-risks-threaten-destabilize-our.

Wikipedia

{{cite press release |author=World Resources Institute |title=US Financial Regulators Should Address Climate Risks That Threaten to Destabilize Our Economy |date=9 September 2020 |url=https://www.wri.org/news/statement-us-financial-regulators-should-address-climate-risks-threaten-destabilize-our |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@misc{worldresourcesinstitute2020financial, author = {{World Resources Institute}}, title = {{US Financial Regulators Should Address Climate Risks That Threaten to Destabilize Our Economy}}, publisher = {World Resources Institute}, year = {2020}, month = sep, url = {https://www.wri.org/news/statement-us-financial-regulators-should-address-climate-risks-threaten-destabilize-our}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }