The transition to a low-carbon economy requires shifting trillions from brown to green activities. Given that the horizon of materialisation of climate risk is narrowing, the need to change scale is becoming more pressing for all actors. Also, central banks are playing an increasingly important role in efforts to mainstream green finance. The newly founded Network for Greening the Financial System (NGFS) is therefore bringing together central banks and supervisors that are willing to contribute to the scaling-up of green finance.

Topics

• Greening the activities of central banks

• Understanding and monitoring the market dynamics of green finance

• Central banks as catalysts for greening the financial system

Program committee

• Laurent Clerc (Banque de France)

• Rafael del Villar (Banco de Mexico)

• Paul Fisher (University of Cambridge)

• Emanuel Mönch (Deutsche Bundesbank)

• Pierre Monnin (Council on Economic Policies)