Slow Road to Consensus: CFTC's Behnam Talks Climate Risk
As CFTC commissioner Rostin Behnam’s report on climate risk to the financial system is published, WatersTechnology speaks to Behnam about data, greenwashing, and gaining support in Washington.
There was perhaps a certain irony in the fact that as smoke drifting across the US from California’s devastating wildfires reached the nation’s capital, a DC regulator put out an unprecedented report on climate risk. The report, sponsored by Commodities Futures Trading Commission (CFTC) commissioner Rostin Behnam, is the first deep-dive look by a financial regulator at the systemic risk that climate change could pose to the US financial system.
WatersTechnology conducted a wide-ranging
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