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Showing 1 - 8 of 8 results for "Network for Greening"

Investors "flying blind" to climate litigation risk

ROSE MARY PETRASS  |  MONDAY, 15 JAN 2024  |  NEWS
... for assessing climate risks, including as the International Sustainability Standards Board (ISSB) and The Network for Greening the Financial System (NGFS), fail to substantially differentiate between transition risks and legal risks, and provide "little ...

Investments at risk: Finance "out of step" with climate science

ROSE MARY PETRASS  |  THURSDAY, 3 AUG 2023  |  NEWS
... warming of 5°C would see a 10% reduction. This methodology influences global economic policy through the Network for Greening the Financial System (NGFS), the Financial Stability Board (FSB), and the Intergovernmental Panel on Climate Change (IPCC). ...

APRA publishes results of banking climate vulnerability assessment

RACHEL ALEMBAKIS  |  THURSDAY, 1 DEC 2022  |  NEWS
... to model climate risk impacts using two of the six internationally recognised scenarios developed by the Network for Greening the Financial System - the first represented a future with a continued increase in global emissions to 2050 and beyond. The ...

Beyond the spin - what did COP26 actually deliver?

SIMON O'CONNOR  |  FRIDAY, 26 NOV 2021  |  NEWS
... right direction and measure progress. The group of central banks and finance sector regulators under the Network for Greening the Financial Sector stepped up the clarity on their commitment to regulate and provide guidance on climate risks. This was ...

Top 100 asset owners "hold keys" to net zero: Willis Towers Watson

RACHEL ALEMBAKIS  |  THURSDAY, 25 NOV 2021  |  NEWS
... accepted that climate risk is financial risk. At COP26, APRA and RBA issued a joint statement as members of the Network for Greening the Financial System (NGFS), a group of central banks and supervisors who share practices and contribute to the development ...

RBA, APRA outline COP26 commitments

RACHEL ALEMBAKIS  |  FRIDAY, 5 NOV 2021  |  NEWS
... risks and risks to financial stability. APRA and RBA issued a joint statement at COP26 as members of the Network for Greening the Financial System (NGFS), a group of central banks and supervisors who share practices and contribute to the development ...

Fragmented ESG regulation in APAC a challenge: State Street

RACHEL ALEMBAKIS  |  FRIDAY, 24 SEP 2021  |  NEWS
... investments in this dynamic region." Founta pointed to the fact that many APAC jurisdictions have joined the global Network for Greening the Financial System (NGFS), made up of central bank and regulatory supervisor organisations with the goal of sharing ...

CBI, WWF call upon central banks, prudential regulators for climate action

RACHEL ALEMBAKIS  |  FRIDAY, 18 OCT 2019  |  NEWS
... risks "not yet captured by current climate models." Climate Bond Initiative cited the establishment of the Network for Greening the Financial System (NGFS) in April of this year as a step in the direction of greening the capital system. NGFS in April ...
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