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With extreme weather events on the rise, there is increasing concern how the $4T U.S. municipal bond market, particularly vulnerable to physical events given potential long maturities, will manage such challenges.
What climate hazards pose the greatest risk to U.S. state and local government issuers?? How will climate change affect their economic and fiscal outcomes? What are governments doing to respond to these challenges?
Join S&P Global specialists for a discussion about the challenges localities face and how Muni issuers and investors might respond to these challenges.
S&P Global Sustainable1
VP, Nature & Climate Risk Solutions
S&P Global
VP of Research at The Climate Service
Therese Feng is Vice President of Research at The Climate Service, recently acquired by S&P Global.
Therese Feng is Vice President of Research at The Climate Service, recently acquired by S&P Global. She researches the impacts of climate change on financial instruments, focusing on sovereign and municipal bonds, as well as equities. Therese has 20 years’ experience in credit risk assessment, regulatory reporting, and stress-testing at Fitch Ratings, Morgan Stanley, and Jefferies. She has a PhD in environmental economics from Yale.
S&P Global
Senior Scientist at The Climate Service
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