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Statement of Commitment to Support Greening India
November 24 , 2021
1000 days
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- The Reserve Bank of India (RBI) recently published this report.
- In this report, the RBI supports Network for Greening the Financial System (NGFS).
- RBI joined this NGFS on April 23, 2021 as member.
- NGFS is a network of 83 central banks and financial supervisors.
- The network aims to accelerate the scaling up of green finance.
- It also seeks to develop recommendations for role of central banks for climate change.
- Its secretariat is hosted by the Banque de France.
- Dutch central banker Frank Elderson is the current chair of NGFS.
- The NGFS was announced in the year 2017, at the Paris “One Planet Summit”.
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