Economic Impact of Climate Change—A Dive into the CFTC Report
On September 9, 2020, the U.S. Commodity Futures Trading Commission (CFTC) issued a report of the climate-related market risk subcommittee. Throughout the report, the CFTC highlights the significant emphasis that must be placed on climate change, as threats related to such changes may impact U.S. financial institutions and regulators. The report is critical, as it …