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Climate Risk Management and Community Reinvestment in the US: Competing or Complementary Priorities?

Mayer Brown
09/03/2022
Michael Hsu, the acting comptroller of the US Office of the Comptroller of the Currency (“OCC”),  unveiled the concept of climate redlining as a new aspect of his agency’s initiative for addressing climate-related financial risks. He recognized an inherent tension between the goals of lending to underserved communities and managing climate-related financial risks.

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