By setting a good example, central banks can advocate transparency on climate risks in financial markets. This is, for instance, why De Nederlandsche Bank added a climate annex to its annual report this year, fully in line with the recommendations of the Task Force on Climate-Related Financial Disclosures, the TCFD.
3/4  BIS central bankers' speeches  Dear all, today I have spoken to you about the role that governments, supervisors and central banks can play in greening our economies. But I would like to stress that none of them operate in isolation.