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President Biden’s Executive Order on Climate-Related Financial Risk
President Biden issued an Executive Order on May 20, 2021, with regards to assessing, measuring, and mitigating climate risk in the financial system. While it is clear that there will be more to come, this Executive Order provides some clarity around where the Administration intends to focus its efforts as it pertains to climate-related financial risk. Here are some opportunities that may present themselves to investors over the next few years.