Energy and Environment

Yellen stepping up financial pressure for climate goals

By Zach Halaschak

Published July 12, 2021 3:35pm ET

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Yellen stepping up financial pressure for climate goals — United States Secretary of the Treasury Janet Yellen speaks during a press conference at a G20 Economy and Finance ministers and Central bank governors' meeting in Venice, Italy, Sunday, July 11, 2021. | (Luca Bruno/AP)

Treasury Secretary Janet Yellen used a trip to Europe to outline plans to press multilateral development banks and domestic regulatory agencies to counter climate change.

Yellen, who spent most of the weekend in Venice, Italy, along with finance ministers from the G-20 nations, addressed the climate during the Venice International Conference on Climate.

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Climate Change Europe G20 Janet Yellen Treasury Department