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ECB policymaker warns of green bond pitfalls
26 February 2020Central banks should concentrate on correctly assessing the economic risks posed by climate change, rather than embarking on a green bond purchasing programme, a senior ECB policymaker has said.
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IIF urges NGFS to help standardise climate risk analysis
23 December 2019The Central Banks and Supervisors' Network for Greening the Financial System (NGFS) has been urged to align approaches to assessing climate risk, including scenario analysis.
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‘Watershed moment’ for NGFS as international standard setters join
24 July 2019The Basel Committee on Banking Supervision (BCBS) and the International Association of Insurance Supervisors (IAIS) have agreed to become observers of the Central Banks and Supervisors’ Network for Greening the Financial System (NGFS).
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TCFD needs to become mandatory to prosper, expert tells UK parliament
27 February 2018A compulsory approach to reporting in line with the recommendations of the FSB's Task Force on Climate-related Financial Disclosures (TCFD) is necessary for the initiative's long-term survival, according to an expert.
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