Square Launches Banking Business With Checking, Savings Accounts bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Promoting Climate-Resilient Agricultural and Rural Credit Getty/Joe Raedle
Essential farm workers continue work as the Florida agriculture industry struggles amid the coronavirus pandemic, April 2020.
Julia Cusick
Introduction and summary
The agricultural sector is heading toward a climate reckoning. Policy experts are beginning to uncover the true scale of climate risk to the financial sector, and agricultural lenders are not immune. Extreme weather events such as the August 2020 derecho whose 700-mile trail of destruction cut through Nebraska, Iowa, and Illinois, with winds reaching 100 mph have increasingly battered America’s farmland, costing the U.S. agriculture sector billions of dollars each year.