Born in December 2017 from the drive of eight concerned authorities, the 143-Member strong NGFS remains a coalition of the willing, more resolved, committed and enthusiastic than ever. It provides science-based, pioneering and practical insights into navigating climate and nature related financial risks within their mandate.
Under the leadership of its Chair Sabine Mauderer from the Deutsche Bundesbank, with Vice-Chair Fundi Tshazibana from the Reserve Bank of South Africa, the NGFS is supported by a 20-staff international Secretariat hosted by the Banque de France in Paris. Its latest flagship publications include public goods such as the foundational three-prong report on Climate change, the macroeconomy and monetary policy (October 2024) and its Long Term Climate Scenarios (November 2024). In 2025, the NGFS will proceed further with providing the first ever vintage of short-term scenarios. Finally, as a token of its global recognition beyond the community of central banks and supervisors, the NGFS has been tasked by the 2025 G20 Presidency with conducting work on how to better account for adaptation in transition planning.
As extreme climate events and natural disasters are among the few visible and painful certainties of our times, our community of central banks and supervisors stands as strong and determined as ever, mobilised through its Coalition of the willing.