Financial Risks From Climate Change

A New York Times Report on Federal Reserve Bank of San Francisco

* Home values could fall significantly.

* Banks could stop lending to flood-prone communities.

* Towns could lose the tax money they need to build sea walls and other protections.

* Volatility related to climate change has become “increasingly relevant” as a consideration for the central bank.

The Full Federal Reserve Report
Volume 14 , Issue 1, 2019Community DevelopmentINNOVATION REVIEW

climeate-change-risk-federal-reserve

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