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G20 Financial Regulators Unveil Climate Plan, but Progress Halts Amid Disagreements
2025-07-14 /
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Author：小编
On Monday, the Financial Stability Board (FSB) of the G20 nations unveiled a fresh initiative designed to mitigate climate-related risks. Nonetheless, further development of this plan has been put on hold, owing to the United States' decision to step back from collaborative efforts. This withdrawal presents a formidable obstacle to the advancement of cohesive financial policies addressing climate risks. According to reports, the United States has withdrawn from various research groups that were initially tasked with examining the potential implications of floods, wildfires, and significant shifts in climate policy on financial stability.
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