The CCAF’s decision to join the Network for Greening the Financial System (NGFS) in 2020 reflected the Principality’s commitment to sustainable development.

The network includes central banks and supervisory authorities looking to share experience and best practices, contribute to the development of environmental and climate risk management in the financial sector, and mobilise mainstream finance to support the transition towards a sustainable economy.

It has more than 120 members on five continents.