Central banks urged to take four key climate actions

Climate change hourglass

The Network for Greening the Financial System has encouraged central banks and supervisors to incorporate climate-related risks into their analyses and operations.

The NGFS’s first comprehensive report, released today (April 17), recommends these public entities implement four specific measures to support the objectives of the Paris Agreement on climate change.

“The four recommendations in the report provide all central banks, supervisors and the financial community with deliverable goals that

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