Recent Announcements Reveal Financial Regulators are Serious about Climate Change

Several major announcements over the past two weeks indicate U.S. financial regulators are finally starting to take climate change seriously. The timing is no coincidence. The election of Joe Biden as our next president freed financial regulators from facing the wrath of President Trump and his acolytes for simply acknowledging that climate change is real. […]

WHAT THE E.U. DRAFT DIRECTIVE MEANS FOR U.S. COMPANIES’ CLIMATE-RELATED FINANCIAL RISK DISCLOSURES

This post first appeared on the Climate Risk Disclosure Lab website. The Lab is a collaboration between the Global Financial Markets Center at Duke Law, Duke’s Nicholas Institute for Environmental Policy Solutions, and the National Whistleblower Center. Building upon prior European Union (“EU”) disclosure initiatives including the 2010 Timber Regulation and the 2017 Conflict Minerals Regulation, the […]

The Green New Deal: Historical foundations, economic fundamentals and implementation strategies

The New Deal was a bonds financing strategy of the United States of America between 1932 and 1939. In total, 15 to 35 billion was spent on a series of development programs that funded public work projects, financial reform, and economic development. Franklin D. Roosevelt’s overarching goal for the project was to relieve and reform […]

Sustainable Finance and Fintech: Can Technology Contribute to Achieving Environmental Goals? A Preliminary Assessment of ‘Green FinTech’

The EU’s Fintech Action Plan (now Digital Finance Strategy) and the Sustainable Finance Strategy represent important pillars of the bloc’s current policy agenda. While the two areas have been treated as separate for a long time, they present certain common features and great potential if combined. The COVID-19 pandemic provides an opportunity for countries in […]

Climate Risk Disclosures & Practices: Highlighting the Need for a Standardized Regulatory Disclosure Framework to Weather the Impacts of Climate Change on Financial Markets

The following is the executive summary of a new report from the Climate Risk Disclosure Lab that highlights the need for a thorough, robust, and mandatory disclosure framework for climate-related information. The report exposes the failure of U.S. regulators to properly incorporate climate change into their mandates and assesses the threats that the vacuum of […]

The Department of Labor Wants to Expose 401(k)s and Pension Plans to Greater Financial Risk from Climate-related Impacts

This post first appeared on the Climate Risk Disclosure Lab website. The Lab is a collaboration between the Global Financial Markets Center at Duke Law, Duke’s Nicholas Institute for Environmental Policy Solutions, and the National Whistleblower Center.   On June 23, 2020, the Department of Labor (“DOL”) issued a proposed regulation for public comment aimed […]

The Heat Is On: U.S. Regulators Facing Increasing Pressure to Enhance Climate Disclosures

Hurricane Delta’s landfall in Louisiana last week marked the tenth named storm to hit the United States this year, breaking the record set in 1916. Records, of the ignominious sort, have also been set on the West Coast. California has experienced six of its twenty largest wildfires this year, and on August 16th, Death Valley […]

More Data, Less Problems: A Case for More Precise Climate Data in Investment Allocation

This post is the latest in our special issue: “Climate Change and Financial Markets – Risk, Regulation, and Innovation.” To learn more about the special issue and the work of the Global Financial Markets Center around climate change and financial markets, please read the special issue’s introduction here. And to review all The FinReg Blog […]

Insurance as a Critical Tool for Financial Stability in the Anthropocene: A Caribbean Perspective

This post is the latest in our special issue: “Climate Change and Financial Markets – Risk, Regulation, and Innovation.” To learn more about the special issue and the work of the Global Financial Markets Center around climate change and financial markets, please read the special issue’s introduction here. And to review all The FinReg Blog […]

The Carbon Content of Italian Loans

This post is the latest in our special issue: “Climate Change and Financial Markets – Risk, Regulation, and Innovation.” To learn more about the special issue and the work of the Global Financial Markets Center around climate change and financial markets, please read the special issue’s introduction here. And to review all The FinReg Blog […]