Bloomberg: “Ex-Fed Official Sees Secular ‘Shocks’ Ahead from Extreme Weather”
In this profile, RFF Senior Fellow Kevin Stiroh discusses his perspectives on climate-related financial risk.
“Stiroh, who also represented the Fed on climate topics at the Basel Committee—where he co-chaired the Task Force on Climate-related Financial Risks—is continuing to study the fallout of global warming on the financial sector. He joined the think tank Resources for the Future as a senior fellow in September, and is part of the Climate-related Financial and Macroeconomic Risk Initiative, a collaboration between RFF and the Salata Institute for Climate and Sustainability at Harvard University.
Climate change is no longer an abstract concern that will only make itself felt in the coming decades, Stiroh said, but rather something that’s now ‘playing out in real time.’”
