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DNB announces NGFS

On 27 May 2020, De Nederlandsche Bank (DNB) announced the Network for Greening the Financial System (NGFS) guides central banks and supervisors towards better management of climate-related and environmental risks.

18 Jun 2020

Prudential supervisors around the world are stepping up to integrate climate-related and environmental risks into their work. There is also a positive trend among financial institutions to better account for climate related risks of their assets.
This can be concluded from the publications of the NGFS:

  • A Guide for Supervisors gathering leading practices of the supervisory community and issuing five recommendations for courses of action to be taken by NGFS members and beyond.
  • A Status Report on financial institutions ’ experiences from working with green, non-green and brown financial assets and a potential risk differential offering an overview of industry definitions and practices regarding environmental related risks’ quantification and mitigation.


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DNB announces NGFS guides central banks and supervisors towards better management of climate-related and environmental risks


This article was originally published in the May edition of REGWATCH. Read the full edition covering the following jurisdictions:

  • European Union
  • Belgium
  • France
  • Germany
  • Hong Kong
  • Ireland
  • Italy
  • Luxembourg
  • Switzerland
  • United Kingdom

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