Fed Researcher Warns Climate Change Could Spur Financial Crisis

Source: Inside Climate News

Bloomberg

Climate change is becoming increasingly relevant to central bankers because losses from natural disasters that are magnified by higher temperatures and elevated sea levels could spark a financial crisis, the San Francisco Federal Reserve’s executive vice president for research wrote in a paper published Monday.

read more

https://insideclimatenews.org/todaysnews/25032019/fed-researcher-warns-climate-change-could-spur-financial-crisis