• What next for climate scenarios?

    12 October 2023

    As criticisms grow of the first climate scenario models, what does the next generation need to look like, Michael Hurley asks

  • 'We are aware of the criticism': The NGFS on its next phase of scenarios

    09 October 2023

    The Network for Greening the Financial System is developing short-term climate scenarios and increased detail on sectoral impacts in response to feedback, Jean Boissinot and Martina Spaggiari tell Michael Hurley

  • NGFS unveils 'short-term' climate scenarios for prudential stress testing

    04 October 2023

    A group of central bankers has published a framework for modelling physical and transition climate-related risks over three-to-five years, to be used for prudential stress testing and to "enable financial actors to properly assess the resilience of the financial sector".

  • NGFS publishes guidance amid rise in climate-related litigation cases

    04 September 2023

    Network for Greening the Financial System (NGFS) has warned more climate-related litigation cases are on the horizon.

  • Central banks: we need better transition data to inform monetary policy

    26 July 2023

    Central banks have called for a framework to help them determine which aspects of the climate transition are relevant to monetary policy, and better data to inform their decisions.

  • NGFS says it will heed call for more detailed climate scenarios

    09 June 2023

    Respondents to a consultation on climate-related scenarios say they want more detail on sector-level impacts as well as extra guidance on using the scenarios - a call the group developing the scenarios said will be answered later this year.

  • NGFS looks to develop 'short-term' climate scenarios

    25 May 2023
  • We cannot ignore nature, warns German central bank

    15 May 2023

    The profitability of banks will be put at risk if they continue to ignore nature-related risks, Deutsche Bundesbank's Sabine Mauderer warned,...

  • NGFS hails progress on climate, biodiversity in annual report

    27 April 2023
  • NGFS interested in UK transition plan framework, says BoE's Breeden

    28 February 2023

    There is international interest in the UK's plans to develop a world-leading "gold standard" for climate transition plans, including from members of the Central Banks and Supervisors Network for Greening the Financial System (NGFS), a senior central banker has said.