Indeed, in terms of projected growth rates for 2016, of the 10 fastestgrowing economies in the world, 3 are from Africa.7 The World Bank ease of doing business report further shows that, despite the economic turnaround, 5 of the 10 fastest reformers are African.8  In addition, regional integration remains a priority for Africa over the long term.
The NGFS membership is expected to strengthen BSP’s collaboration with counterpart regulators in building awareness and contributing to the effective management and mitigation of the impact of climate and other environment-related risks in the financial sector. Moreover, we have a lot to share with respect to the country’s experience in coping with calamities and natural disasters.