In conversation with Kevin Stiroh: The role of the Federal Reserve in mitigating climate related financial risk

Kevin Stiroh, senior adviser in the Supervision Division at the Federal Reserve, discusses the Fed’s Supervision Climate Committee and its work to increase standards, supervisory practice and capital to mitigate climate-related financial risk. Kevin discusses the Fed’s efforts to build coordination with national and international bodies, as well as challenges around data modelling climate-related risk and developing scenario analysis tools.

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