In recent years, climate experts and even regulators have increased attention on the financial sector as a driver of both emissions and capital formation in the low-carbon economy. There has been growing emphasis on “aligning” capital allocation by financial institutions to the transition to net zero greenhouse gases (GHG) in […]
Finance
5 posts
This piece previously appeared in EDF’s Climate 411 Blog. Disasters that are fueled by climate change, like fires, floods, and hurricanes, increasingly pose risks to the U.S. financial system, including the derivatives market. The U.S. Commodity Futures Trading Commission (CFTC) regulates the derivatives market and is now considering updates to […]
On July 21, 2023, the Sabin Center launched its latest report, Modelling Climate Litigation Risk for (Re)Insurers. This report, which forms part of the Sabin Center’s broader Climate Law and Finance Initiative, provides a toolkit to help academics, attorneys, insurance practitioners, and industry regulators model (re)insurer climate litigation risk. Insurance […]
Antitrust – a previously dormant area of law and federal enforcement – has reached a new zenith in recent years. While progressives aim to reinvigorate the anti-monopoly origins of antitrust, some Republicans are weaponizing antitrust in service of their narrative and legislative anti-ESG campaigns. Financial institution coalitions focused on responding […]
In early March 2013 the Pennsylvania Treasury announced that it had sold approximately 4,700 loans made through its Keystone Home Energy Loan Program. In exchange for the loans, the Treasury received $23 million in cash and $8.3 million in deferred payments, for a total sale value of $31.3 million. The […]