Climate Litigation: A Growing Force in the Fight Against Climate Change

As the world faces increasingly severe climate impacts, governments and corporations are being held accountable through a surge of climate-related lawsuits. A recent study, Research Areas for Climate Litigation, conducted by the Union of Concerned Scientists (UCS) in September 2024, highlights the critical role of climate litigation in driving action where traditional policy-making has often…

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Exploring Climate-Related Financial Risks: Insights from the Federal Reserve’s Pilot CSA Exercise

This article provides an overview of the Federal Reserve’s 2024 pilot Climate Scenario Analysis (CSA) exercise, involving major U.S. banks such as Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo. It discusses the key insights from the exercise, the explored risk modules, and the importance of a healthy financial system in addressing climate concerns.

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