The U.S. Department of the Treasury hosted a Transition Finance Dialogue with representatives from various financial institutions, civil society organizations, and other stakeholders to discuss how financial institutions can support or enable the net-zero transition. Secretary of the Treasury Janet L. Yellen and Ethan Zindler, Climate Counselor to the Secretary, emphasized Treasury’s recent efforts to encourage financial institutions and market participants to seize opportunities created by the shift to clean energy.

Treasury officials engaged participants in discussions about overcoming challenges in defining, measuring, and scaling transition finance. They also explored opportunities for mobilizing private finance for the clean energy transition through the Inflation Reduction Act. This dialogue is part of Treasury’s ongoing engagement with financial sector stakeholders committed to supporting and expediting the transition to a low-carbon economy.

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