Comments Due to NAFCU: NCUA - Climate-Related Financial Risk

Important Regulatory Dates Add to Calendar 2023-06-12 17:00:00 2023-06-12 17:00:00 Comments Due to NAFCU: NCUA - Climate-Related Financial Risk NAFCU would like to highlight the following: The RFI groups climate-related financial risks into two broad categories— physical risk and transition risk: Physical risk refers to harm to people and property caused by discrete, climate-related events like hurricanes, wildfires, and heatwaves, as well as longer-term, chronic phenomena, including changes in precipitation patterns, sea level rise, and higher average temperatures. Transition risk refers to stress on institutions or sectors caused by measures taken to move towards a less carbon-intensive economy. Comments due to NAFCU: June 12, 2023 Comments due to NCUA: June 26, 2023 Comment now   NAFCU will send comments on behalf of its members to the NCUA by its deadline (June 26, 2023). Location NAFCU digital@nafcu.org America/New_York public

NAFCU would like to highlight the following:

  • The RFI groups climate-related financial risks into two broad categories— physical risk and transition risk:
    • Physical risk refers to harm to people and property caused by discrete, climate-related events like hurricanes, wildfires, and heatwaves, as well as longer-term, chronic phenomena, including changes in precipitation patterns, sea level rise, and higher average temperatures.
    • Transition risk refers to stress on institutions or sectors caused by measures taken to move towards a less carbon-intensive economy.

Comments due to NAFCU: June 12, 2023

Comments due to NCUA: June 26, 2023

Comment now  

NAFCU will send comments on behalf of its members to the NCUA by its deadline (June 26, 2023).