The Biden Administration issued “A Roadmap to Build a Climate-Resilient Economy” (the Roadmap), a national strategy report with tangible initiatives that build on ideas set out in the May 2021 Executive Order on Climate-Related Financial Risk. The Roadmap is an ambitious and wide-ranging reflection of the Administration’s “whole of government” approach to combating climate change and the climate-related risks that threaten the US economy.
Climate Risk Accountability Framework
The Roadmap is premised on recognizing the intrinsic connection between climate change and the US economy, and the vital role the US government must play to proactively address climate change risks. The Roadmap is therefore built on five core principles: