Fed Will Move Carefully, Thoughtfully on Climate Change

Fed Will Move Carefully, Thoughtfully on Climate Change

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the impact of climate change on the agency's work, emphasizing its non-political nature and independence granted by Congress. It highlights the agency's role in ensuring financial stability and the emerging risks posed by climate change. The agency collaborates with other central banks to share research and best practices in addressing these risks.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of the agency when addressing climate change?

Engagement with political parties

Engagement with private corporations

Engagement with external constituencies

Engagement with international organizations

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why does the agency have a limited role in climate change issues?

It is focused on international policies

It lacks the necessary expertise

It is a newly established agency

It is not directly assigned by Congress

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the agency's responsibilities related to financial institutions?

To provide loans to banks

To set interest rates

To regulate and supervise banks

To invest in financial markets

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is climate change categorized in relation to financial institutions?

As a negligible risk

As an emerging risk

As a historical risk

As a resolved risk

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What collaborative effort is mentioned in addressing climate change risks?

Partnership with private banks

Joining 83 central banks

Formation of a new agency

Collaboration with environmental NGOs