Jesse M. Keenan, an associate professor of real estate in the School of Architecture, served as co-editor of a report published by the U.S. Commodity Futures Trading Commission, Managing Climate Risk in the U.S. Financial System, which is the first comprehensive climate change publication by a U.S. financial regulator.
The report addresses the role of U.S. financial regulators within existing regulatory frameworks and how those frameworks, including laws and regulations, can be adapted to better manage climate risk and take advantage of new opportunities for investing in a net-zero economy.
As an expert on climate risk and financial systems, Keenan has served as a Special Government Employee Advisor to the U.S. Commodity Futures Trading Commission in his role as editor of the publication. Keenan formerly led climate adaptation research initiatives at the Federal Reserve Bank of San Francisco.
“This publication represents a watershed moment for this country in rising to the challenge of addressing climate change,” Keenan said. “Our work highlights that climate change is a dire concern for both Wall Street and Main Street.”
For more information, visit tulane.it/climate-change-financial
Listen to the On Good Authority podcast Episode 8: "Climate Change: Resilience Is Not Enough."