‘CalPERS is overlaying physical climate risk with water scarcity insights’: California’s Betty Yee on water risk
Today, Ceres’ Director of Water, Kirsten James is speaking to Betty Yee, who was first elected as California State Controller in November 2014 – a position that serves as the state’s chief fiscal officer. She also chairs the California Franchise Tax Board and serves as a member of the California Public Employees’ Retirement System (CalPERS) and the California State Teachers’ Retirement System (CalSTRS) Boards, representing a combined portfolio of nearly $500bn. She speaks about how her experience managing the world’s fifth-largest economy has shaped her thoughts on climate and water risk.