The World Needs Biden to Lead on Climate Reporting
The next president should make the U.S. adopt the gold standard for mandating climate-related financial disclosures.
Climate change is risky business.
Photographer: Saeed Khan/AFP/Getty Images
President-elect Joe Biden’s pledge to rejoin the Paris climate agreement sends an important signal to the world about U.S. leadership. But the action will merely take us back to four years ago. To push us forward, on his first day in office, President Biden should bring together a group of G-20 leaders to join the U.S. in endorsing a mandatory standard for global businesses to measure and report the risks they face from climate change.
It’s a critically important step that’s entirely within reach, because such a standard already exists and has won widespread global support.