The Bundesbank, like BaFin, is one of the founding members of the NGFS and is represented on the NGFS Steering Committee by Executive Board member Dr Sabine Mauderer. Moreover, with effect from 18 April, Dr Mauderer takes over the chair of the third NGFS workstream from her Executive Board colleague Professor Joachim Wuermeling, who presented the results of the first year of intensive work in Paris. 
“The central banks are now looking to put their words into action. One first step could be to incorporate sustainability considerations into the management of their own portfolios”, said Wuermeling while speaking about the NGFS comprehensive report.