In the Andes, too, Humboldt narrowly https://www.bundesbank.de/en/press/speeches/consistency-as-a-mandate-816296  1/9  11/29/2019  Consistency as a mandate | Deutsche Bundesbank  escaped death when, next to him, a wall of snow suddenly broke off and plunged into an abyss. [1] The other birthday celebrant has no such tales of derring-do to offer. The Pfandbrief is less about daredevil adventures and more about consistency and soundness.
Moreover, the principles expect a bank’s board and senior management to ensure that the bank’s internal strategies and risk appetite statements are consistent with any publicly communicated climaterelated strategies and commitments. This expectation comes at a timely moment as more and more banks publicly commit to aligning their financing activities with the objectives of the Paris Agreement.