Friend,

This morning, Federal Reserve Chair Jay Powell addressed central bankers, finance ministers, and policymakers at the annual Economic Policy Symposium. Meanwhile, President Biden is nearing a decision on whether to keep Powell as head of the Fed or nominate a replacement.

If you think this moment has little to do with the risks that the climate crisis poses to all of us, think again.

The Federal Reserve has the power to protect our entire financial system, but it's lagging behind in its responsibility to take on the systemic risks of climate. While all eyes are on Powell, now is a great time to brush up on how the Federal Reserve can pull out all the stops to prevent a climate-fueled economic crash.

Our new memo lays out five steps the Fed can take right now to address climate-related risks to the financial system. It's a must-read for anyone serious about an all-hands-on-deck approach to defeating the climate crisis, so download your copy today!

The next Fed Chair must understand that the climate crisis puts our entire economy, and the financial security of every American, at risk. It is not a question of if we will pay for the costs of climate change, but when. The Fed must use every tool at its disposal to prevent a climate-fueled crash.

We're circulating our memo with White House officials and policymakers now to ensure that Biden nominates a Fed Chair with the boldness to confront climate risk head-on. Download your copy today.

Thank you,

Becca Ellison,
Deputy Policy Director, Evergreen Action