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New Oregon Law Ties Retirement Fund Strategy to Climate-Related Financial Risks
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New Oregon Law Ties Retirement Fund Strategy to Climate-Related Financial Risks
Salem, Oregon- Oregon Gov. Tina Kotek on Monday signed the Climate Resilience Investment Act, a new law that directs the state treasury to adjust investment strategies for the Oregon Public Employee Retirement Fund with an emphasis on reducing financial risks linked to fossil fuels. The measure, also known as HB 2081A, instructs the Oregon State Treasury to consider “climate positive” investments that may strengthen the long-term value of the $1…
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