On February 24, 2021, Acting Chair of the US Securities and Exchange Commission (SEC), Allison Herren Lee, announced that the agency will focus on public companies’ climate change disclosures as part of an effort to both assess current compliance with federal securities laws and develop new disclosure requirements for climate change.
Specifically, she
On January 27, 2021, President Biden signed Executive Order 14008, Tackling the Climate Crisis at Home and Abroad (the “Order”). The Order sets forth the Biden administration’s policies to address climate change through both foreign and domestic policies and demonstrates the administration’s intent to make addressing climate change a top priority for nearly
On January 25, 2021, the European Central Bank (ECB) announced that it has set up a Climate Change Centre to bring together the work on climate issues in different parts of the bank.
The Climate Change Centre will shape and steer the ECB’s climate agenda internally and externally, building on the expertise of all teams already working on climate-related topics. Its activities will be organized in workstreams, ranging from monetary policy to prudential functions, and supported by staff that have data and climate change expertise.
The Climate Change Centre, with an expected staff of 10 people, will start its work in early 2021 and report to the ECB President, Christine Lagarde.
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