This network, also called NGFS, is a coalition of 75 central banks and supervisors to combat climate change with joint efforts globally. As a founding member, Bundesbank very much welcomes BCB’s membership. https://www.bundesbank.de/en/press/speeches/climate-risk-the-merits-of-transparency-and-the-role-of-central-banks-851634  1/4  24/11/2020  Climate risk – the merits of transparency and the role of central banks | Deutsche Bundesbank  Brazil is the largest South American economy.
Within its boundaries lie 60 % of the Amazon, a key factor for biodiversity and for the climate on our planet. Germany, in turn, is the largest European economy, with annual per capita carbon emissions that are about twice as high as the global average.