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US Fed official with global climate experience tapped to head new group as central bank steps up international engagement

By Neil Roland ( January 26, 2021, 22:45 GMT | Insight) -- Kevin Stiroh, a US Federal Reserve official with international climate-change experience, has been named chief of a new group at the central bank that will study the impact of global warming on financial institutions and markets. Since the Nov. 3 presidential election, the Fed has ramped up climate change cooperation worldwide, notably joining the Network for Greening the Financial System comprised of central banks and financial regulators that are trying to identify and manage climate-related risks to the financial system.Kevin Stiroh, a US Federal Reserve official with international climate-change experience, has been named chief of a new group at the central bank that will study the impact of global warming on financial institutions and markets....

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