Banks, insurers and asset managers are directed to use the guidance to bolster their resilience to environmental risk and set tangible targets for action.
June 2, 2022The extent and severity of the physical and transition risks linked to biodiversity loss will be more difficult for the financial industry to assess than for climate change.
March 28, 2022The proposal requires companies, including certain non-EU companies, to address negative human rights and environmental impacts in their supply chains.
February 28, 2022The climate crisis, growing social divides, heightened cyber risks, an uneven global recovery and competition in space were cited as key risks.
January 13, 2022The NGFS plans to launch a capacity building initiative for supervisors, develop policy recommendations to bridge data gaps, and further build on its climate scenarios work.
October 28, 2021NGFS-INSPIRE Study Group outlines data, analytics challenges for central banks and financial supervisors.
October 12, 2021Capital requirements should be enhanced when institutions are exposed to sectors detrimental to the environment, says a new WWF report.
July 18, 2021The use of carbon pricing mechanisms and incentives was included in the G20 communique among the set of tools to facilitate the transition to a more sustainable economy.
July 12, 2021An NGFS/INSPIRE study group will seek to improve understanding of the link between biodiversity loss and financial stability.
June 22, 2021The communique highlights a need to tackle the misuse of shell companies and curtail the ability of illicit actors to hide wealth, including in real estate.
June 14, 2021