Norges Bank member of Network for Greening the Financial System
Norges Bank has become a member of Network for Greening the Financial System (NGFS).
NGFS is a network for central banks and supervisors willing to, on a voluntary basis, exchange experiences, share best practices, contribute to the development of environment and climate risk management in the financial sector, and to mobilize mainstream finance to support the transition toward a sustainable economy. Its purpose is to define and promote best practices to be implemented within and outside of the membership of the NGFS and to conduct or commission analytical work on green finance.
NGFS has structured its work into three dedicated workstreams: Microprudential/supervisory (WS1), Macrofinancial (WS2) and Scaling up green finance (WS3). Norges Bank plans to participate in workstreams 2 and 3.
Read the press release from NFGS here
Press contact: Bård Ove Molberg, bm@norges-bank.no, mob. 950 215 23