Work is also underway by CPSS-IOSCO to establish how best to apply the Key Attributes to financial market infrastructures. BIS central bankers’ speeches  5  system is likely to operate in a new world, we will want to make occasional adjustments to the rules.
Our actions can definitely complement but do not substitute an integral climate/environmental policy. It is thus for policy makers to contribute by supporting the necessary transitions in the real economy and internalize the existing environmental/climate externalities. This has proven to be difficult but not less important. NGFS members are trying to lead by example.