GAO Adds Fiscal Challenge of Climate Change to Risk List
According to the Government Accountability Office - the U.S. government needs a more strategic and centralized approach to climate change. Limiting the Federal Government's Fiscal Exposure by Better Managing Climate Change Risks has been added to the GAOs' High Risk List. The GAO reports that climate change poses risks to many environmental and economic systems - including agriculture - and presents a significant financial risk to the federal government. Among other impacts - climate change could alter agricultural productivity and increase the intensity and frequency of severe weather events. Because the government insures property through crop insurance programs, provides emergency aid in response to natural disasters and more - the GAO says the federal government faces big financial risks that it is poorly positioned to address.
The high-risk list is released at the start of each Congress and serves as a to-do list for those committees that oversee government operations. Federal oversight of food safety also made the list of 30 problem areas. In response - Representative Rosa DeLauro said she will once again introduce legislation to establish a single food safety agency.
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