Washington: US Treasury Secretary Janet Yellen said states want to work with climate finance and work with the international community to tackle climate change.
Yellen said, the US Treasury is working through the US Financial Stability Oversight Council and participating in international forums to understand and mitigate the risks that climate change could bring to the stability of the financial system and macro-economy in the US And are under jurisdiction.
Yellen said in his first meeting with the Finance Alliance, “Climate, by its very nature, requires strong global cooperation. We have lost four important years, and we believe that many of you around the room in our countries Are making changes. ” Ministers for Climate Action said that according to the report, the US was pleased to join the coalition last week.
“The ministries of finance have an important role, and there’s a lot we can learn from each other about how to integrate climate into our financial planning and decision making. We look forward to better identifying and aligning climate-aligned investments to international Are also supporting the efforts. Financial institutions reliably align their portfolios and strategies with the objectives of the Paris Agreement, “she said.
Meanwhile, the US Treasury is working with the White House, Congress and others to ensure that domestic economic programs and tax policies support US climate goals, including building climate-resilient infrastructure and a Transition to carbonated economy is facilitated.