CFA Joins Maryland Leaders to Spotlight Climate and Economic Resilience

This Earth Day (2025), CFA Executive Director Mary Cerulli joined Maryland Comptroller Brooke Lierman, State Senator Katie Fry Hester, and Delegate David Fraser-Hidalgo for a press conference that spotlighted what bold, values-driven leadership on climate and public finance truly looks like.

Comptroller Lierman announced the release of the latest report in her State Spending series titled Climate Change Costs. The report outlines how climate change and extreme weather are already affecting Marylanders and describes the long-term investments needed to protect communities, safeguard public funds, and build a more resilient future.

In her remarks, Mary reinforced what we believe here at CFA: climate change is no longer a distant threat. It's already here. The choices we make now, including how we spend, invest, and protect retirement security, will shape the financial stability and safety of our communities for generations to come.

CFA is proud to support Maryland's leadership in addressing the climate crisis through the lens of public finance and economic resilience. We look forward to continuing this vital work with stakeholders across the state and beyond. We're also proud to share that Mary Cerulli was recently appointed to the newly formed Climate Advisory Panel for Maryland's State Retirement and Pension System, a step forward in integrating climate risk into state-level investment strategy and governance.

Following the press conference, the Office of the Comptroller hosted panel discussions on climate adaptation and investing in resilience. These conversations were moderated by Kim Pezza, the Office's first Climate Resilience Director, and Deputy Comptroller Ben Seigel.

Watch the press conference and panel discussions: YouTube Replay
Read the report: Climate Change Costs – State Spending Series