Federal Reserve Withdraws From Global Climate Group as Trump Set to Assume Power
By Naveen Athrappully The U.S. Federal Reserve is exiting a global climate change coalition days before the new Trump administration is set to take power on Jan. 20. The Federal Reserve had joined the Network of Central Banks and Supervisors for Greening the Financial System (NGFS) in December 2020. NGFS, composed of global central banks and supervisors, aims to integrate climate and…
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