37 Federal Reserve staff are collaborating and sharing knowledge through our System Climate Network and other forums. We have recruited economists with expertise in climate-related topics and obtained a variety of climate-related data resources. See Lael Brainard, “Why Climate Change Matters for Monetary Policy and Financial Stability” (remarks at “The Economics of Climate Change” Research Conference, San Francisco, CA, November 8, 2019), https://www.federalreserve.gov/newsevents/speech/brainard20191108a.htm.
See also Mary Daly, “Why Climate Change Matters to Us” (remarks at “The Economics of Climate Change” Research Conference, San Francisco, CA, November 8, 2019), https://www.frbsf.org/our-district/press/presidents-speeches/maryc-daly/2019/november/why-climate-change-matters-to-us/ and Glenn D. Rudebusch, “Climate Change and the Federal Reserve,” (FRBSF Economic Letter, March 25, 2019), https://www.frbsf.org/economicresearch/publications/economic-letter/2019/march/climate-change-and-federal-reserve/.