6 See G30 (2020). Mainstreaming the transition to a net-zero economy, Group of Thirty Report. Washington DC. 7 See www.bundesbank.de/de/bundesbank/green-finance/network-for-greening-the-financial-system-805112. 8 See www.fsb.org/2021/01/fsb-work-programme-for-2021/. 9 Ostrom (1990) identified design principles of common pool resource management, which balance monitoring,  sanctions, and conflict resolution mechanisms, with clearly assigned roles of different regional institutions. (Ostrom, Elinor (1990). Governing the Commons: The Evolution of Institutions for Collective Action.
As Chair of the Financial Stability Board (FSB), I have the privilege of collaborating with the Italian G20 Presidency, the G20 Finance Ministers and Central Bank Governors, and with the FSB membership on the most pressing issues affecting financial stability. 1 Among those issues, one of increasing focus is understanding and monitoring climate-related financial risks.