As climate change leads to more frequent and destructive natural disasters and threatens crop yields, bridges and other infrastructure, the federal government faces big financial risks that it is poorly positioned to address, auditors said Thursday.
These risks, along with the threat of gaps in critical weather forecasting satellites that could last years, topped a biennial list released Thursday of federal programs at high risk of waste, fraud, abuse or financial loss.
“The federal government is terribly exposed to this change,” Gene L. Dodaro, comptroller general and director of the Government Accountability Office, said in announcing why climate change made his agency’s high-risk list. “The government needs a much more strategic and centralized approach.”
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