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Guide for Supervisors Integrating climate-related and ...

Network for Greening the Financial System Technical documentGuide for SupervisorsIntegrating climate-related and environmental risks into prudential supervisionMay 2020 NGFS REPORT1 When the NGFS started the work on this Guide , worldwide pandemics and lockdowns were still mainly limited to scripts of science fiction movies. No one could have imagined that today, the COVID-19 pandemic would have affected all our lives. No one could have imagined the resulting damage to the economy. Our priority now of course is to limit the economic impact of the pandemic crisis still unfolding in front of us.

to address climate-related and environmental risks. Addressing climate-related and environmental risks requires the boards of supervisory authorities and central banks to incorporate their relevance into their mandates and develop a strategy on integrating these risks in their work. The far-reaching impact in breadth

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  Into, Environmental, Integrating

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