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RMA Leading Industry Approach to Climate Risk with New Consortium, Surveys

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RMA and 22 large member banks have formed the RMA Climate Risk Consortium to develop standards for banks to integrate climate risk management throughout their operations, and help prepare the industry for its key role in transitioning economies to a low-carbon future.

The Consortium is launching as momentum toward climate-focused regulation and legislation continues to build in the U.S., most recently with the Office of the Comptroller of the Currency issuing its draft Princip…

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