Sustainable Finance Report: U.S. Flood Risks + Rewards Oct19

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In lieu of federal action, the disclosure of climate-related risks has become the subject of broad and current interest within the ESG investment community due to state and international actions. The U.S. Government Accountability Office (GAO), a federal agency that provides non-partisan investigative audits for Congress, recently conducted an analysis of the SEC’s current role in climate-related financial disclosure.  In this study, GAO found that there was significant ambiguity in federal guidance and limited federal guidance on climate-related risk disclosure

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