Tag Archives: Climate Change

Events: Lessons for Bank Regulation and Oversight from the 2023 Banking Stress

Please join the Americans for Financial Reform Education Fund (“AFREF”) to discuss lessons learned from stressed conditions in banking during 2023. Keynote speaker Graham Steele, Assistant Secretary of the Treasury for Financial Institutions, will speak to the takeaways for bank regulation and oversight, followed by a distinguished panel of banking, financial regulation and climate finance experts moderated by AFR-AFREF’s Advocacy & Legislative Director Renita Marcellin

Letters to Regulators: NCUA Should Bolster Staff Capacity, Training, Tools, Research & Analysis, and Guidance on Climate-related Financial Risk

Americans for Financial Reform Education Fund submitted a comment letter endorsed by The Greenlining Institute and Public Citizen, in response to the National Credit Union Administration (NCUA)’s request for information on climate-related financial risk. The letter urges the NCUA to proceed with critical next steps

In The News: American exceptionalism on climate risk amplifies financial instability (Green Central Banking)

“… it’s called climate change because the climate is changing, and much faster than scientists originally anticipated. We cannot merely use past data to predict future climate impacts,” wrote Alex Martin, senior policy analyst at AFR. “We must take a precautionary approach and heed the stern warnings from scientists about our dire current global trajectory. The US will not be spared the effects.”

Letters to Regulators: EPA Should Continue to Develop Greenhouse Gas Reduction Fund Guidance that Delivers Tangible Benefits to Low-Income and Disadvantaged Communities Across the Country

May 12, 2023 Americans for Financial Reform Education Fund (AFREF) submitted an environmental justice advocates comment letter signed by Public Citizen and WE ACT for Environmental Justice to the Environmental Protection Agency (EPA) on its Implementation Framework for the Greenhouse Gas Reduction Fund.  The Implementation

Blog: How to prevent the next banking crisis? Lean in on climate now.

The banking crisis of 2023, an event appearing on few bingo cards, has thrown a harsh light on the urgency of managing the multitude of crises that the world now faces – climate change being the most existential of them. Factor in the vexing problem that economists have repeatedly underestimated the economic impacts of climate change and we have a straightforward case for proactively hardening the financial system against its effects.

Letters to Regulators: FTC Should Update its Green Guides to Prevent Greenwashing in Investment and Financial Services, Particularly for Carbon Offsets-Related Claims

Americans for Financial Reform Education Fund (AFREF) submitted two letters in response to the Federal Trade Commission (FTC)’s request for comment on updates to its ‘Green Guides’ for the Use of Environmental Marketing Claims. The Guides were last revised in 2012.  AFREF joined a coalition