WASHINGTON – President Joe Biden on Thursday directed federal agencies to assess and mitigate the increasing and serious risks that climate change poses to individuals, businesses, the federal government and the U.S. financial system, the White House said.
Biden issued an executive order requiring development of a comprehensive government-wide climate-risk strategy within 120 days, as well as an annual assessment of climate-related fiscal risks as part of the U.S. budget.
It aims to harness the purchasing power of the federal government, which spends more than $550 billion a year on products and services, by requiring major suppliers to be more tra…
Keep on reading: Biden directs U.S. agencies to assess, mitigate risks of climate change