[12] The implications of these legal risks for the conduct of policy and for the stability of the financial system also need to be considered by central banks and supervisors.
[13] With the strong conviction that central banks and supervisors not only can, but must, take into account climate-related and environmental risks and act urgently to fulfil their mandate, the NGFS seeks out ways to inspire its membership, to push the frontier and act as a trailblazer.