The NGFS
issues recommendations that are not binding but are intended to encourage central banks, supervisors and other significant players to take the necessary measures to promote a greener financial system.
Since its creation in 2017, it has published many relevant documents on climate and environmental risk, including most notably:
- Credible Transition Plans: The micro-prudential perspective – 2024
- Connecting Transition Plans: Financial and non-financial firms - 2024
- Nature-related Financial Risks: a Conceptual Framework to guide Action by Central Banks and Supervisors - 2023
- NGFS Guide on climate-related disclosure for central banks – 2021
- NGFS Progress report on the Guide for Supervisors - 2021
- NGFS Climate Scenarios for central banks and supervisors - 2021
- Guide for Supervisors: integrating climate-related and environmental risks into prudential supervision - 2020
- First comprehensive report “A call for action” - 2019