Examining Climate Risks in US Financial Markets

A discussion on the potential risks climate change poses on our economy and overall trends in climate risk and global financial markets

Date

Oct. 1, 2020

Time

3:00–4:00 p.m. ET

Participants

Rostin Behnam, Eliza Eubank, Robert Litterman, Didem Nisanci, Kevin Rennert, and Richard G. Newell

Event Series

RFF Live

Event Details

Climate change poses a major risk to the stability of US financial markets, says a recent report commissioned by the Commodity Futures Trading Commission (CFTC), an independent government agency. What can be done to mitigate this risk for the US economy? On Thursday, October 1, Resources for the Future hosted for a forward-looking conversation on climate risks in the financial system.

CFTC Commissioner Rostin Behnam, CFTC Climate-Related Market Risk Subcommittee Chair Robert Litterman, Citi’s Eliza Eubank, Bloomberg LP’s Didem Nisanci, and RFF’s Kevin Rennert discussed the report, the potential risks climate change poses on our economy in the short and long term, and overall trends in climate risk and financial markets around the world.

Speakers

Rostin Behnam, Commodity Futures Trading Commission
Eliza Eubank, Citi
Bob Litterman, Kepos Capital
Didem Nisanci, Bloomberg LP
Kevin Rennert, Resources for the Future (moderator)
Richard G. Newell, Resources for the Future (introductory remarks)

Event Video

Topics

Participants

Rostin Behnam

Commissioner, Commodity Futures Trading Commission

Eliza Eubank

Managing Director and Global Head, Environmental and Social Risk Management, Citi

Robert Litterman

Chairman, Risk Committee, Kepos Capital

Didem Nisanci

Global Head of Public Policy, Bloomberg LP

Kevin Rennert

Fellow; Director, Federal Climate Policy Initiative

Kevin Rennert is a fellow at RFF. He also serves as director of the Comprehensive Climate Strategies Program and the Federal Climate Policy Initiative.