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Biden Executive Order on Climate-Related Financial Risk

Advertisement Climate-Related Financial Risk: (Net) Zeroing in on Key Private Equity Considerations under the Biden Administration’s Executive Order Wednesday, June 30, 2021 On May 20, 2021, President Biden signed an Executive Order on Climate-Related Financial Risk, which outlines various initiatives to promote policies related to physical and transition risks associated with climate change and to prioritize federal investments in support of those policies.  In this alert, we focus on key aspects of the order that could have implications for private equity funds and areas of consideration for asset managers as a whole.  The Executive Order addresses five broad priorities: develop a government-wide strategy for mitigating climate-related financial risk;

Indian refining giant Reliance unveils $10-billion green energy plan

Indian refining giant Reliance unveils $10-billion green energy plan
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