Climate financing is finally here, but will there be equity? - The Boston Globe

Financial regulators are failing to adequately address the intersections of climate investing and justice, equity, diversity, and inclusion. This failure risks continuing the long history of oppressive financial policies.

Financial policy for climate change is finally happening. The Securities and Exchange Commission is finalizing a climate disclosure rule that would better protect investors, ensure fair and efficient markets, and enable capital formation in the face of pervasive climate change. In November, the Department of Labor provided new guidance that permits private retirement plans to consider climate change and other environmental, social, and governance factors into investment decisions. The Office of the Comptroller of the Currency has appointed a chief climate risk officer to implement climate risk

related reading

• The Climate Economy Is About to Explode - The Atlantictheatlantic.com
• The Geoeconomics of Climate Financeorfonline.org
• Past Racist "Redlining" Practices Increased Climate Burden on Minority Neighborhoods | Scientific Americanscientificamerican.com
• The Missing Tool in the Climate Fightssir.org
• Understanding climate as tribes, not a social causenayafia.substack.com
• American Capitalism Is Brutal. You Can Trace That to the Plantation. - The New York Timesnytimes.com
• Common Groundingjoinreboot.org
• Eight lessons from the first climate tech boom and bust - Bessemer Venture Partnersbvp.com
• A climate finance goal that works for developing countries | UN Trade and Development (UNCTAD)unctad.org
• Green Capitalism Is a Mythtribunemag.co.uk
• Here’s who wants to run the country’s $14B ‘green bank’ - E&E News by POLITICOeenews.net
• New study finds that climate finance for Africa needs to grow 9x from USD 30 billion to USD 277 billion to meet 2030 climate goal - CPIclimatepolicyinitiative.org