Elderson says authorities should use Covid-19 to boost green transition

- Central Banking Newsdesk
- 04 May 2020

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Authorities worldwide should use the Covid-19 crisis as an opportunity to accelerate the transition towards a greener economic system, Frank Elderson said on April 29.

The chairman of the Network of Central Banks and Supervisors for Greening the Financial System (NGFS) stressed: “We should frontload already identified green investment programmes such as the EC [European Commission] Green Deal and the Climate Agreement in the Netherlands.”

Elderson added: “We should make sure that public

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