The NGFS will not stop there and next year will publish its first comprehensive report, which will provide – on a voluntary basis only – policy recommendations for central banks and supervisors. This will take place at the upcoming NGFS Conference, at the Banque de France in Paris, on 17 April 2019: you are all most welcome! To prevent the airplane from crashing, we can help by shedding light on climate risks in order to take accurate and timely decisions, and by seizing opportunities while aligning incentives and mobilising capital. II. Anticipating climate-related risks 1/ Our first priority should be the disclosure of existing exposures in the financial sector, what I call “the snapshot of risks”. The recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), chaired by Mr. Bloomberg with sponsorship from the Financial Stability Board (FSB), have been groundbreaking as they provide a practical framework allowing companies to disclose their climate-related financial risks. However, an accurate and consistent vision of the risks requires a wider implementation of the TCFD’s recommendations. Significant room for progress remains in this area. To enable markets to price risks, we need comparable metrics – thanks to a common taxonomy – and better access to higher quality and more consistent data. I therefore fully  Page 3 sur 6 support the work of the Technical Expert Group on Sustainable Finance of the European Commission which is concretely developing a taxonomy; our first NGFS workstream is also working in this field.
There is also a game park, a well stocked curio market and the Mukuni Cultural Village, among the many attractions. I therefore urge you to find time or indeed stay an extra day or more to sample this special menu that Livingstone has to offer. Chairperson, Central Bank of Zambia is honoured and delighted to co-host the second AFRACA Forum that begins today, the 23rd and ends on 25th September, 2008. AFRACA is an association of Central Banks and financial institutions involved in the provision of financial services to the rural population in Africa and increasing access to financial services in general. Its membership of 94 institutions consists of central banks, commercial banks, agricultural banks, development and cooperative banks, other financial institutions and microfinance operators whose networks spread throughout 26 African countries. It is through workshops and fora of this nature, among other events, that AFRACA endeavours to disseminate information and share experiences among members and other industry stakeholders across the continent. Following the first Central Banks Forum held in Accra, Ghana and in view of the need to deliberate further on the topical issue of financial inclusiveness, AFRACA felt it necessary to hold the second Central Banks Forum under the theme, “Promoting Financial Inclusiveness”. The main objectives of this second forum are to harness current views on promoting financial inclusiveness, draw lessons and recommend strategies for improvement of the levels of access to financial services, particularly among the rural communities in our countries.