James Langton
A collection of financial industry trade groups is calling for science-based climate policy in the U.S. that will help guide its transition to a low-carbon economy.
The U.S. Securities Industry and Financial Markets Association Inc. (SIFMA) along with 10 other industry trade associations (known as the U.S. Climate Finance Working Group) published a set of principles that they believe should underpin U.S. policy to address global warming.
The principles — which represent the views of banks, investment banks, insurers, asset managers, pension funds and other financial firms — call for the U.S. to set policy goals, based on climate science, that align with the Paris Agreement.