Many finance ministries, central banks and supervisory authorities have adopted sustainability as an important item in their respective strategic agendas. One of the main goals is to integrate sustainability aspects in the decision-making processes of the financial industry (“sustainable finance”). This means that the financial industry has to take sustainability-related risks into account. At the same time, economic opportunities arise from financing the transformation. Moreover, there is an ongoing debate on the question of what the financial sector can contribute to achieve our common goals.
The Coalition of Finance Ministers for Climate Action and the steering committee of the Network of Central Banks and Supervisors for Greening the Financial Systems (NGFS) will facilitate a virtual panel discussion from 3-4pm Central European Time / 9-10am Eastern Time on 19 November, 2020, in order to exchange views and to establish a common understanding of these matters between finance ministries on the one hand and central banks and supervisors on the other. The event, which is open to the general public, is hosted by the German Federal Ministry of Finance (BMF) and the Federal Financial Supervisory Authority (BaFin).
- The panel can be watched via livestream here (no registration needed): http://www.bundesfinanzministerium.de/livestream
Date and Time:
- Thursday, November 19
- 3-4pm Central European Time / 9-10am Eastern Time
- Frank Pierschel (BaFin)
- Jörg Kukies; State Secretary, German Federal Ministry of Finance
- Sabine Mauderer; Deutsche Bundesbank, Executive Board member
- Pekka Moren, Ministry of Finance, Finland, and Finnish co-chair Sherpa, Coalition of Finance Ministers for Climate Action
- Lorena Palomo, Ministry of Finance, Chile, and Chilean co-chair Sherpa, Coalition of Finance Ministers for Climate Action
- Wong Zeng Yi; Executive Director, Banking Department II, Monetary Authority of Singapore
- For all inquiries, please contact Frank Pierschel at firstname.lastname@example.org