Central bankers call for ‘practical action’ to tackle climate risks

François Villeroy de Galhau
François Villeroy de Galhau making his welcoming speech at the NGFS event

Central banks and supervisors need to start right away to actively tackle climate-related risks in the financial system, according to speakers at a Network for Greening the Financial System (NGFS) meeting at the Banque de France on April 17.

The event’s host, Banque de France governor François Villeroy de Galhau, called on financial stability policy-makers around the world to implement “practical” steps to deal with climate risks before it is too late. “It is time to roll up our sleeves,” de

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