Events

NGFS COP30 Declaration Launch – The Economic Cost of Climate Inaction

Published on the 6th of November 2025

On Wednesday 12th November (12:00-13:00 CET) join the NGFS for the official launch of its new Declaration on the Economic Cost of Climate Inaction, released for COP30 in Belém, Brazil.

This high-level webinar will feature insights from NGFS leadership and members, including:

  • Sabine Mauderer, NGFS Chair and First Deputy Governor, Deutsche Bundesbank
  • Fundi Tshazibana, NGFS Vice-Chair and Deputy Governor, South African Reserve Bank
  • Yann Marin, NGFS Secretary General and Deputy Director, Banque de France
  • Livio Stracca, Chair of the NGFS Workstream on Scenario design and analysis, Deputy Director General Financial Stability, European Central Bank
  • Paulo Picchetti, Director of International Affairs and Corporate Risk Management, Banco Central do Brasil

The session will explore:

  • Key findings from the NGFS scenarios on the macro-financial risks of delayed climate action
  • Implications for central banks, supervisors, and financial institutions
  • NGFS tools and guidance on climate and nature-related risks

This event is open to all stakeholders interested in sustainable finance, central banking, and climate policy.

NGFS COP30 Declaration Launch Event - Wednesday 12th November (12:00-13:00 CET)

Updated on the 6th of November 2025