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WATCH: New ‘Fossil Free Federal Reserve’ campaign launches
Ahead of August 26-28 Economic Policy Symposium, communities demand Federal Reserve codify climate responsibility, urge Biden appoint a climate champion as Fed Chair.
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US pledge sets the tone, but we need stronger climate finance commitments in order to truly support the most vulnerable communities
President Joe Biden announced today at the United Nations General Assembly (UNGA) he will double US climate finance for vulnerable nations from the previously promised $5.7bn a year by 2024, including for adaptation. The climate …
U.S. Representatives introduce legislation to require federal to mandate the wind down of emissions financing
Fossil Free Finance Act would require big banks to align emissions financing with U.S obligations under the Paris Climate Agreement, prohibit bank financing of all fossil fuel projects after 2030.
40,000 Petitioners Urge Biden to Pick Fed Chair Who Will Address Climate-Related Financial Risk
Public Citizen and 350.org delivered over 40,000 petition signatures encouraging President Biden to nominate a Federal Reserve Board Chair who will prioritize addressing the risks that climate change poses to our financial system. Advocates maintain …
Climate hawks pressure Biden to replace Fed chair
Environmentalists are pressing President Biden to factor in the Federal Reserve’s record on climate change under Jerome Powell when he decides whether to renominate the central bank’s chairman for a second term.