Committee advances bill requiring climate-risk analysis for state investment managers
House Bill 2081A would require the Oregon Investment Council and the state treasurer to analyze and manage climate-change risks across the funds they oversee and submit biennial progress reports to the legislature; the committee moved the bill to the floor with a 3-2 vote.
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The Senate Committee on Finance and Revenue agreed to send House Bill 2081A to the floor with a due-pass recommendation after considering language that would require the Oregon Investment Council and the state treasurer to incorporate climate-change risk analysis and management into their investment oversight and to report progress biennially to the Legislative Assembly.
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