Climate change poses a ‘systemic threat’ to the economy, investors with $1 trillion at stake warn the Fed and SEC

The Federal Reserve, the Securities and Exchange Commission and other financial regulators should act on climate-change concerns to avoid economic disaster, a letter from pension funds and other investors representing almost $1 trillion in assets urges.

The Federal Reserve, the Securities and Exchange Commission and other financial regulators should act on climate-change concerns to avoid economic disaster, a letter from pension funds and other investors representing almost $1 trillion in assets urges.