Comment Detail
Date: 04/19/21 First Name: Rich Last Name: Sorkin Email: rich.sorkin@jupiterintel.com Organization Type: other Organization: Jupiter Intelligence Comment
24. Are there existing or potential government agencies or programs that FHFA could partner with to enhance the Agency’s supervision and regulation of climate and natural disaster risk to the regulated entities?
The same week that the submission to this RFI is due the House Science Committee is holding hearings on a National Climate Service. It will be critical for FHFA to understand whether - and when - a National Climate Service can provide sufficient information to enhance the Agency’s supervision and regulation. Other alternatives include private sector services, leverage over $100m in capital invested into these services to date.
Jupiter supports the development by the Securities and Exchange Commission (SEC) of mandatory climate risk disclosure standards and is pleased the SEC has taken the first step of requesting public comments.