NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) releases report on city and state actions on climate change. U.S. weather disasters caused record damage in 2017. The disasters, which were spread across the nation, included: three tropical cyclones, eight severe storms, two inland floods, a crop freeze, droughts and wildfires. Cities and states are engaging their constituents on the issues, taking action, and working to raise much needed public awareness and support. There is no single government strategy to combat climate change, a multitude of efforts is required. KBRA believes that governments with proactive climate change plans are best positioned for long term credit health.
To access the full report, click here.