To require the Board of Governors of the Federal Reserve System and the Securities and Exchange Commission to issue an annual report to the Congress projecting and accounting for the economic costs directly and indirectly caused by the impacts of climate change, and to require the Federal Retirement Thrift Investment Board to establish a Federal Advisory Panel on the Economics of Climate Change, and for other purposes.
About This Bill
Committee
Latest Action · November 17, 2020
Referred to the Committee on Oversight and Reform, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Restructuring Environmentally Sound Pensions in Order to Negate Disaster Act of 2020 or the RESPOND Act of 2020
This bill addresses issues related to the impact of climate change on the economy. The Federal Reserve Board and the Securities and Exchange Commission must annually report on the economic costs of climate change. The Federal Retirement Thrift Investment Board must establish an advisory panel on the economics of climate change to, among other things, advise how the board may invest in clean and renewable energy.
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