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How Biden Can Ensure Every Federal Agency Is Fighting Climate Change

Aligning finance with people and planet Transitioning to ecological sustainability

“The Federal Reserve is the country’s central banking system, and it has “not only the responsibility but the tools to turn climate action into reality,” Carla Skandier, co-manager of the climate and energy program of the Next System Project, said. […] [Skandier] noted that the government has already spent billions of dollars on bailing out fossil fuel companies using covid-19 stimulus money, but if it chose to, it could spend to help frontline communities, fossil fuel workers, and the planet instead.

“This is not only necessary from a social, labor, and environmental perspectives, but a must if the Fed wants to have a chance to fulfill its financial stability mandate moving forward,” she said.”

Read the full article at Gizmodo

Read the full article at Ecosystem Marketplace

Publication date: 2020-12-03
Publisher: Gizmodo
Publication URL: How Biden Can Ensure Every Federal Agency Is Fighting Climate Change

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