"The federal government faces increasing fiscal exposure from climate change, according to a new watchdog report released Monday.

Governmentwide action is needed to limit the fiscal risks posed by the changing climate, says the study by the Government Accountability Office.

The government is vulnerable in part because it insures property and crops and provides disaster aid, according to GAO.

GAO recommends designating a federal entity to develop and create a national climate information system, an approach it has been pushing for years.

The watchdog agency also recommends that the government incorporate climate resilience into agencies’ infrastructure and facility planning, and that Congress and agencies develop a clear strategic plan to guide national climate adaptation efforts."

Robin Bravender reports for E&E News September 19, 2022. [2]