The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to exploring ways to police climate risk in the financial system.

The Federal Reserve announced that it has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, which incorporated climate risk into financial rules.

The central bank said it had decided to leave the network after the group’s work “increasingly broadened in scope.”

The Federal Reserve is withdrawing from an environmental group for global central bankers. The Fed joined the group, the Network of Central Banks and Supervisors for Greening the Financial System, in

The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change. The Fed's membership has been criticized by Republicans in Congress.

The Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to exploring ways to police climate risk in the financial system. In a statement, th

Click the downloadable video: Climate Change and Children's Health: Mental Health Video ft Lisa Patel, MD The risks from increasingly frequent extreme weather events, climate disasters, and other ...

The Federal Reserve's withdrawal from an international climate initiative highlights a shift in U.S. policy towards environmental regulations.

The Federal Reserve said on Friday that it will quit a group dedicated to addressing the risk climate change poses to the global financial system. Why it matters: The Fed's exit from the coalition suggests a huge pivot underway relative to years past.

People are already impacted by food system shocks, water insecurity, heat stress and infectious diseases. If unchecked, mass mortality, mass displacement, severe economic contraction and conflict become more likely.

A new U.S. president’s promise to expand fossil fuels that is at odds with global ambitions to combat climate change will be a topic of discussion at the World Economic Forum. The central bank ...

As college students (one from Minas Gerais, Brazil, the other from California), we were excited to be part of the global youth team designing this curriculum. Our generation has grown up knowing that our planet is suffering under the intense duress of climate change.