The Federal Reserve
Bank of San Francisco hosted in late 2019 the Fed's first
conference focused on climate change
. There, researchers
presented on topics ranging from the effects of climate change on
the global workforce to the interaction between pollution and
interest rate. But the day kicked off with one series of questions:
why this and why now?
In this episode, with
the help of Reuters reporter
, we examine central banking's climate risks and the
Fed's engagement with those issues.