Pledge - Intro Context

In conjunction with the 2021 United Nations Climate Change Conference (COP26), the Network of Central Banks and Supervisors for Greening the Financial System (NGFS) has reiterated its willingness to contribute in meeting the objectives of the Paris Agreement, and to expand and strengthen the collective efforts towards greening the financial system.

As a member of the NGFS Steering Committee in supporting the NGFS Glasgow Declaration for COP26, BNM pledges to undertake the following initiatives in support of the six recommendations published in the "NGFS First Comprehensive Report on A Call for Action: Climate Change as a Source of Financial Risk" in April 2019.

Pledge - Version 2021-11-01

Individual pledges by NGFS Steering Committee Members to support the NGFS Declaration for COP26

In line with the recommendations from the NGFS' First Comprehensive Report on A Call for Action: Climate Change as a Source of Financial Risk, BNM is committed to:

Other BNM Committed Initiatives

As we intensify our efforts to increase climate resilience, BNM understands that climate action begins with each of us. As such, BNM: