- Oops!Something went wrong.Please try again later.
This week is providing fresh hints of the Biden's administration's efforts on both climate funding and climate-related risks to the financial system.
Driving the news: Secretary of State Antony Blinken told the board of the U.S. International Development Finance Corporation (DFC) that its work will be "front and center" at the global climate summit the White House is holding April 22.
Stay on top of the latest market trends and economic insights with Axios Markets. Subscribe for free
"Development finance is a powerful tool for addressing the climate crisis," he said.
Blinken said he and climate envoy John Kerry are "very interested in how the DFC can help drive investment toward climate solutions, innovation in climate resilience, renewable energy, and decarbonization technologies."
What we're watching: The Wall Street Journal reports that the U.S. and China will co-chair a "G-20 study group focusing on climate-related financial risks."
And yesterday National Economic Council director Brian Deese and Gina McCarthy, Biden's top domestic climate official, met virtually with "leaders and advocates focused on climate-related financial risks," the White House said.
Like this article? Get more from Axios and subscribe to Axios Markets for free.