Archive

COP27: NGFS launches blended climate finance initiative

The Central Banks and Supervisors Network for Greening the Financial System (NGFS) has launched a blended finance initiative at the UN COP27 climate summit,...

Carney leads sustainable finance tributes to Queen Elizabeth II

The sustainable finance community has paid tribute to Queen Elizabeth II, after her death at the age of 96 ushered in the rein of outspoken environmentalist King Charles III.

NGFS targets wider use of scenarios after release of third iteration

Climate scenarios for central banks and supervisors have been updated to include national 'net zero' commitments at the COP26 climate conference in Glasgow, ahead of a move to broaden the potential application of the scenarios to private financial institutions.

Despres joins European Climate Foundation

NGFS work moves 'from awareness to action' as network grows

The Central Banks and Supervisors Network for Greening the Financial System (NGFS) has launched its new two-year work programme,...

Transition plan scrutiny could change capital requirements, NGFS says

Supervisory authorities could require financial institutions to scrutinise companies' climate transition plans, as part of work to determine whether capital requirements should be changed to capture climate risks, according to a research paper.

NGFS consults on climate data guide

Banque de France first central bank to join CDP

Banque de France has become the first central bank to join the CDP, which requests environmental disclosures by companies.

NGFS: Central banks should respond to nature risks

Central banks and supervisors should consider nature-related financial risks to fulfil their mandates, as failure to account for these risks could threaten financial stability, NGFS has said.

NGFS makes 'Glasgow declaration' to step up work on climate scenarios

The Central Banks and Supervisors Network for Greening the Financial System (NGFS) has published a plan of action for coming years...