M126: The Evolution of Climate Reporting for Government Decision-Making

  • Room: Majestic
  • Session Number:M126
Monday, July 15, 2024: 4:00 PM - 4:50 PM

Moderator
Corinne Dougherty CGFM, CPA
Partner
KPMG LLP
Speaker
Greg Shanahan
Climate and Sustainability Lead for Operations | Sr. Performance Analyst
USAID, Bureau for Management
Speaker
Holly Halifax
GAO
Speaker
R. Scott Bell CGFM, MBA
Senior Staff Accountant
U.S. Department of the Treasury

Description

Government agencies urgently need to identify and mitigate the impact of climate risks. This session will explore the influence of climate reporting in agency decision-making, as well as developments in reporting from FASAB and other standard-setting organizations. Stay up to date and in the loop on what you need to do for your agency's compliance in climate reporting.



Key Take-aways

• Climate reporting is a crucial component of the government decision-making processes, providing valuable information to address climate risk and inform policy development.
• Understanding developments in climate reporting among accounting standards setters is essential to stay up to date on best practices and comply with reporting requirements.
• Integrating climate reporting into government decision-making processes is vital for promoting sustainability, resilience, evidence-based actions, and long-term planning.

Learning Objectives

Understand the importance of climate reporting in government decision-making processes. Explore the evolution of climate reporting for government agencies and its impact on effective governance. Gain insight into climate reporting developments at FASAB and other accounting standards setting organizations.

Handouts



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