Treasury announces climate policy strategy

Federal Issues Department of Treasury Climate-Related Financial Risks Agency Rule-Making & Guidance

On April 19, the U.S. Treasury Department announced a new coordinated climate policy strategy focusing on domestic and international policymaking to “leverag[e] finance and financial risk mitigation to confront the threat of climate change.” Efforts will focus on issues related to climate transition finance, climate-related economic and tax policy, and climate-related financial risks, and will support engagement with other stakeholders, agencies, and regulators. Additionally, Treasury plans to create a new Climate Hub to coordinate existing climate-related efforts.