This will enable them to develop their risk management systems in an adequate and proportionate manner – in line with supervisory expectations. As supervisors, we central banks are also supporting the transition to a climateneutral economy. In this context, we must adhere to the same standards as banks.
We, too, must make sure that climate risks are appropriately accounted for on our balance sheet and in our risk management, especially as we would not be able to safeguard price stability without a sound balance sheet. Moreover, we, as the central bank, are also becoming more transparent.