All Things Sustainable (formerly ESG Insider) cover image

Setting the stage for sustainability in 2023

All Things Sustainable (formerly ESG Insider)

CHAPTER

Climate Change and the Need for Collaboration

Central banks have played an increasing role in measuring the impacts of climate change on financial systems and economies. In 2017, a handful of central banks established NGFS to manage and measure the risks climate change poses to financial stability. Ravi Menon: "We need to address the risks that climate and broader environmental factors pose for financial stability" The message resonates with what we heard from Elizabeth Morema heading into COP15 - the UN's Convention on Biological Diversity.

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