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FDIC leaves NGFS days after Trump inauguration
22 January 2025 -
Fed leaves NGFS ahead of Trump inauguration
20 January 2025 -
Nature scenarios need improvement, says NGFS
17 January 2025More investment is needed to improve scenario analysis for nature loss, the central banks and supervisors' Network for Greening the Financial System (NGFS) has said.
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Some NGFS members arent able to 'go very far' says Ma Jun
07 November 2024The Network for Greening the Financial System's (NGFS) ambition has been held back by some of its central bank members' national mandates, Chinese environmentalist Ma Jun has said.
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NGFS to revamp data directory
09 September 2024 -
NGFS sets out guidance for central bank on nature risks
03 July 2024The Network for Greening the Financial System (NGFS) has released guidance for central banks on assessing nature-related financial risks.
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Nature the 'green scorpion' in the room, warns Oxford University
14 December 2023"Nature is not the elephant in the room, it's the huge green scorpion running towards us. The sting in its tail will significantly amplify the impacts of climate change in ways that are difficult to predict".
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NGFS encourages central banks to tackle nature-related risks
13 December 2023The Network for Greening the Financial System has encouraged central banks and supervisors to further tackle nature-related risks, especially through the development of nature-risk scenario analysis.
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Central banks 'could demand transition plans to help set capital requirements'
13 September 2023A "high likelihood [of] sudden build-ups of prudential risks" caused by climate change should see central banks and supervisors adjust prudential requirements for banks based on their transition plans, academics have recommended.
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NGFS alerts regulators of need to improve monitoring of nature risk to financial system
07 September 2023The Network for Greening the Financial System (NGFS) has warned central banks and regulators that nature poses a risk to the financial system, in a guide that urged supervisors to improve how they assess and address these risks.