“One of the largest credit rating agencies in the country is warning U.S. cities and states to prepare for the effects of climate change or risk being downgraded.
In a new report, Moody’s Investor Services Inc. explains how it assesses the credit risks to a city or state that’s being impacted by climate change — whether that impact be a short-term “climate shock” like a wildfire, hurricane or drought, or a longer-term “incremental climate trend” like rising sea levels or increased temperatures.”
From NPR Credit Rating Agencies Issue Warning To Cities On Climate Risk
Image From Credit
