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Remarks By US Secretary Of The Treasury Janet L. Yellen At The First Meeting Of The FSOC Climate-related Financial Risk Advisory Committee

<p><span>Today, Secretary of the Treasury Janet L. Yellen delivered opening remarks at the first meeting of the Climate-related Financial Risk Advisory Committee (CFRAC). The CFRAC, the first external advisory committee of the Financial Stability Oversight Council (FSOC), will help the FSOC gather information on and analysis of climate-related financial risks from a broad array of stakeholders.</span></p> ....

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Treasury Secretary Yellen Warns That Losses Tied to Climate Change Could 'Cascade Through the Financial System' – NBC New York

Treasury Secretary Janet Yellen said a “delayed and disorderly transition” to a net-zero emissions economy could create shocks to the financial system. ....

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Yellen warns climate change could trigger asset value losses, harming US economy

By Andrea Shalal ....

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Treasury Secretary Yellen Warns That Losses Tied to Climate Change Could 'Cascade Through the Financial System' – NBC 6 South Florida

Treasury Secretary Janet Yellen said a “delayed and disorderly transition” to a net-zero emissions economy could create shocks to the financial system. ....

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US Treasury secretary warns climate change could trigger asset value losses

Climate change may trigger asset value losses in coming years that could cascade through the US financial system, according to US Treasury Secretary Janet Yellen. ....

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