Addressing Climate Financial Risk Act of 2026 aims to enhance financial stability by managing climate-related risks.
The Addressing Climate Financial Risk Act of 2026 seeks to bolster the U.S. financial system's resilience against climate-related risks. It establishes the Climate Financial Risk Committee and Advisory Committee on Climate Risk within the Financial Stability Oversight Council. These committees will identify, assess, and recommend strategies to mitigate climate-related financial risks. Federal banking agencies and the National Credit Union Administration must update their supervisory guidance to include climate financial risk for institutions with over $50 billion in assets.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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