So monetary policy implementation should be part of the toolbox when central banks act as catalysts for greening the ﬁnancial system. 5 Conclusion Ladies and gentlemen, to summarise brieﬂy: First, I am very much looking forward to pushing ahead with the NGFS agenda together with the BCB.
It stressed the critical importance of augmenting IMF resources; and  •  there was general support for expanding the Enhanced Structural Adjustment Facility (ESAF) and the Highly Indebted Poor Countries (HIPC) Initiative. South Africa does not qualify for any one of these facilities, although we have a vested interest in the proposal because of our sympathy for other countries in our constituency.