The Federal Reserve has just Announced that our Nation’s Largest Banks will Launch a “Pilot Climate Scenario” Program to Measure “Climate-related Financial Risks”

The fight against climate change has begun a new phase. The Central Banking System of the United States of America (Federal Reserve) announced on September 29, 2022, that in 2023, the six largest banks in the United States—Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo—will begin a pilot program to assess “climate-related financial risks” in order to consider a “range of possible future climate pathways and associated economic and financial developments.”

The Federal Reserve Board published the following:

“The Federal Reserve Board on Thursday announced that six of the nation’s largest banks will participate in a pilot climate scenario analysis exercise designed to enhance the ability of supervisors and firms to measure and manage climate-related financial risks. Scenario analysis—in which the resilience of financial institutions is assessed under different hypothetical climate scenarios—is an emerging tool to assess climate-related financial risks, and there will be no capital or supervisory implications from the pilot.” [1]

“The pilot exercise will be launched in early 2023 and is expected to conclude around the end of the year. At the beginning of the exercise, the Board (Federal Reserve Board) will publish details of the climate, economic, and financial variables that make up the climate scenario narratives.” [1]

“Over the course of the pilot, participating firms will analyze the impact of the scenarios on specific portfolios and business strategies. The Board (Federal Reserve Board) will then review firm analysis and engage with those firms to build capacity to manage climate-related financial risks.” [1]

“By considering a range of possible future climate pathways and associated economic and financial developments, scenario analysis can assist firms and supervisors in understanding how climate-related financial risks may manifest and differ from historical experience.” [1]

“The banks in the pilot exercise are Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo.” [1]

The Federal Reserve, which is in charge of monitoring financial risks and protecting the US economy, will collaborate with banks on a program to identify climate change-related financial risks. Yes, they do state that because this is a pilot program, it has no “capital or supervisory implications.” However, keep in mind that pilot programs are small-scale, short-term experiments that are designed to determine how large-scale policies can be implemented.

Because this new partnership between the federal government and the banking industry is concerned with measuring climate-related financial risks, it screams Mark of the Beast. It is about money, loans, credit, and buying and selling. The Vatican has been pushing for this type of financial oversight for many years. On the fifth anniversary of Pope Francis’ Laudato Si’, the Vatican published a 225-page manual titled “Journeying Towards Care For Our Common Home” in 2020, calling for company monitoring and a shift away from those who harm the environment:

“The Vatican urged Catholics to disinvest from the armaments and fossil fuel industries and to closely monitor companies in sectors such as mining to check if they are damaging the environment … excluding from their investments companies that do not satisfy certain parameters … shun companies that are harmful to human or social ecology.” [2]

If you, your company, ministry, or church are found to be having a negative impact on the environment, you will be excluded from potentially buying, selling, or participating in the new economy. Banking systems will be weaponized in order to punish those deemed to be a danger or threat. They are looking for anyone who may be a climate-related financial risk to the coming new economy.

Those who embrace the principles of the new Laudato Si’ economy established by the Great Reset will be rewarded. Those who do not comply will be shunned. They are currently planning to monitor our climate-related financial risk. This means they’ll be tracking our spending, communications, social media posts, and opinions. It will function similarly to a private credit score, but it will be related to the climate, and our ranking will be determined by our actions. This is happening right now in China. [3]

If we are found to be out of compliance with the established protocols, we will be unable to access our digitized money. Our credit and debit cards will be terminated. We would be prohibited from traveling and from purchasing basic necessities. At first, these tactics will be mild, consisting only of naming and shaming those whose views and actions are harmful to the environment. However, these measures will result in the persecution of God’s faithful people.

“In the last great conflict of the controversy with Satan those who are loyal to God will see every earthly support cut off. Because they refuse to break His law in obedience to earthly powers, they will be forbidden to buy or sell. Religious powers, allied to heaven by profession, and claiming to have the characteristics of a lamb, will show by their acts that they have the heart of a dragon and that they are instigated and controlled by Satan. The time is coming when God’s people will feel the hand of persecution because they keep holy the seventh day” (Maranatha, p. 183).

Sources

[1] https://www.federalreserve.gov/newsevents/pressreleases/other20220929a.htm

[2] https://www.weforum.org/agenda/2020/06/vatican-catholics-investments-fossil-fuels/

[3] https://www.businessinsider.com/china-social-credit-system-punishments-and-rewards-explained-2018-4