* * * Mr Frank Elderson, Chairman of the Network of Central Banks and Supervisors for Greening the Financial System Ms Danae Kyriakopoulou, Senior Policy Fellow at the Grantham Research Institute on Climate Change and the Environment at the London School of Economics and Political Science Distinguished guests Online viewers Ladies and gentlemen Good afternoon It is my pleasure to welcome you, both physically and virtually, at the Bank of Mauritius for the launching of the Bank of Mauritius Climate Change Centre.
The last decade has witnessed growing interest among policy practitioners, including Central Banks, for onboarding climate change considerations into policy design and implementation. This can be substantiated by the manifold risks that climate change directly or indirectly poses to the mandates of Central Banks, namely price stability and financial stability considerations, with potentially disrupting effects on the financial system and economy at large.