It is now almost easier to name the central banks who haven’t yet joined, than to give you a full list of all central banks and regulators who share our concerns. I stand here also in my capacity as chair of this network. The network that in its first publication stated that climate change is a driver of financial risk.
The network that stated: taking the consequences of climate change seriously, falls squarely within our mandates as central banks and supervisors. The network that called for action by setting six recommendations to manage risks and scale up green finance. These six recommendations were published in an NGFS report earlier this year, and are already seeing follow-up.