This statement included the following words: “As part of a package involving  BIS central bankers’ speeches  1  substantial International Monetary Fund financing and a majority of European financing, euro-area member states are ready to contribute to coordinated bilateral loans.” That sounds somewhat long-winded. Put simply, it means that the euro-area heads of state and government were ready to support Greece financially.
And we are in discussions about how we might participate in the Central Banks and Supervisors Network for Greening the Financial System in order to learn from our international colleagues’ approaches to measuring and managing climate risks in the financial system. We also have a lot to learn from the broader research community about the economic and financial effects of climate change.