From the Executive Summary: "Climate change is an emerging threat to the financial stability of the United States. In the United States and across the globe, climate-related impacts in the form of warming temperatures, rising sea levels, droughts, wildfires, intensifying storms, and other climate-related events are already imposing significant costs upon the public and the economy. [...] This report includes recommendations that FSOC [Financial Stability Oversight Council] and its members can adopt to strengthen the financial system and make it more resilient to climate-related shocks and vulnerabilities[.] [...] 'Chapter 1: Introduction' discusses climate-related financial risks, a framework for how climate risks can increase risks to financial stability, and how the approach of the Council to these issues is aligned with the Council's core mission and statutory responsibilities. 'Chapter 2: Regulatory and Supervisory Engagement with Climate-related Financial Risk' reviews the work underway across FSOC members on climate-related financial risks and financial stability. 'Chapter 3: Climate-related Financial Risk--Data and Methods' highlights the data and methodological challenges associated with measurement of climate-related financial risks and potential approaches to meeting these challenges. 'Chapter 4: Climate-related Disclosures' discusses the critical role of consistent, comparable, and decision-useful climate-related disclosures for investors, financial institutions, regulators, and the public in the measurement of climate-related financial risks. 'Chapter 5: Implications for Financial Stability Assessments' presents key issues for assessments of the effect of climate-related financial risks on financial markets and institutions, emphasizing the need for measurement tools to assess such risks and the important role that scenario analysis can play in the development and deployment of these critical assessments. 'Chapter 6: Council Recommendations' synthesizes the analysis of the report through a set of recommendations that begin to address the challenges and needs identified throughout the report."
U.S. Department of the Treasury: https://home.treasury.gov/