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WebNov 3, 2024 · November 03, 2024, 1:59 p.m. EDT 5 Min Read The New York State Department of Financial Services has formed a new division to handle climate risk, establishing the agency’s leading role among state banking regulators in addressing the threats posed by a warming planet. WebJun 29, 2024 · Replacing non-renewable materials and energy with wood offers a potential strategy to mitigate climate change if the net emissions of ecosystem and technosystem are reduced in a considered time period. Displacement factors (DFs) describe an emission reduction for a wood-based product or fuel which is used in place of a non-wood alternative. DFS 2024 Climate Change Webinar Series - Banking. Webinar 1: The Fundamentals of Financial Risks from Climate Change; Webinar 2: The Physical Risks from Climate Change in New York and the Northeast; Webinar 3: Clean Energy Financing for Community and Regional Banks; 2024 Climate Change Webinar - … See more On September 22, 2024, DFS issued Circular Letter No. 15 (2024) to all New York-regulated domestic and foreign insurance companies … See more fly czech s.r.o