Role of central banks and supervisors In this crowded field, central banks and supervisors are also increasingly showing their resolve and dedication to contribute within their mandate to integrating the effects of the climate crisis in the exercise of their tasks.
They have done so individually, but also collectively as part of the Network for Greening the Financial System (NGFS) which I have been proudly chairing since its inception in December 2017. Back then, the eight founding members represented 30% of global economic activity.