Fed Says $500 Billion in Losses Show the Economic Threat of Climate Change

Source: Inside Climate News

Bloomberg

Money managers cannot ignore climate change, a senior official from the U.S. central bank warned on Thursday. “The U.S. economy has experienced more than $500 billion in direct losses over the last five years due to climate and weather-related events,” the official told a risk forum in New York.

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https://insideclimatenews.org/todaysnews/08112019/fed-says-500-billion-losses-show-economic-threat-climate-change