US needs to update fiduciary duty and corporate disclosure rules, and put a price on carbon, Litterman-led report tells financial regulators

Pioneering climate risk group gives its feedback

Establishing a price on carbon is the “single most important step” the US must take to tackle climate risks and “drive the appropriate allocation of capital” -  so says the long-awaited report by the Bob Litterman-led Climate-Related Market Risk Subcommittee (CRMRS), commissioned…

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