State-chartered credit unions can access resources to mitigate financial risks due to climate change

Credit union professionals can access a recorded webinar and resources focusing on managing and mitigating the financial risks from climate change. 

The New York State Department of Financial Services recently presented the webinar for state-chartered institutions as part of its work to support the community and regional banking institutions in handling financial risks from climate change. 

The webinar provides participants with the fundamentals of how climate change impacts the financial system, examples of how it could impact the community and regional banking institutions in New York, climate-related business opportunities and an update on federal and state climate-related initiatives.

Speakers include Raymond J. Dorado, DFS senior deputy superintendent, banking division, and Yue (Nina) Chen, DFS director of sustainability and climate initiatives.

Interested participants can access the webinar, “Fundamentals of Financial Risks from Climate Change,” in addition to slides from the program, on the DFS website.  

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