Categories: U.S. Treasury

READOUT: U.S. Department of the Treasury Hosts Transition Finance Dialogue

WASHINGTON – The U.S. Department of the Treasury yesterday hosted a Transition Finance Dialogue with representatives from a range of financial institutions, civil society organizations, and other stakeholders about how financial institutions can support or enable the net-zero transition. Secretary of the Treasury Janet L. Yellen and Ethan Zindler, Climate Counselor to the Secretary, highlighted Treasury’s recent work to encourage financial institutions and other market participants to realize the opportunities created by the transition to clean energy. Treasury officials then engaged participants about overcoming challenges in defining, measuring, and scaling transition finance, as well as the opportunities for mobilizing private finance for the clean energy transition through the Inflation Reduction Act. The discussion was part of Treasury’s ongoing engagement with financial sector stakeholders committed to supporting and expediting the transition to a low-carbon economy. 

###

IR Press

Share
Published by
IR Press

Recent Posts

OCC Issues Annual Report for 2024

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today published its 2024 Annual Report.…

5 days ago

OCC Announces Enforcement Actions for December 2024

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released enforcement actions taken against…

6 days ago

Treasury Maintains Pressure on Houthi Procurement and Financing Schemes

WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned…

7 days ago

Treasury Sanctions Georgian Ministry of Internal Affairs Officials for Brutality Against Protesters, Journalists, and Politicians

WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is…

7 days ago

Treasury Maintains Pressure on Iranian Shadow Fleet

WASHINGTON — Today, the United States Department of the Treasury is imposing sanctions on four…

7 days ago

Treasury Releases Report on the Uses, Opportunities, and Risks of Artificial Intelligence in Financial Services

WASHINGTON – Today, the U.S. Department of the Treasury (Treasury) released a report following the issuance of…

7 days ago