Climate Poses Risk To U.S. Financial System: CFTC Backed Report

This morning, the Commodity Futures Trading Commission released the report “Managing Climate Risk in the U.S. Financial System.”Q2 2020 hedge fund letters, conferences and moreThis report – the first from the auspices of a financial regulator to look at such risks to the financial system specifically in the context of the United States—was prepared by a subcommittee convened by the CFTC and comprised of diverse stakeholders. These included major banks, asset managers and asset owners and leading firms in agriculture, oil and gas, and financial services, as well as members of the environmental …

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HEDGE accordingly