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Brief
Summary:
The Network for Greening the Financial System (NGFS) has released a report and two technical documents on sustainable investment management for central banks. The report provides recommendations for central banks to advance sustainable and responsible investment practices, without binding constraints. The two technical documents delve deeper into strategies for decarbonization and climate-related risks and impacts for bank investments in corporate and sovereign bonds, respectively. The NGFS is a global network of central banks and supervisory authorities promoting the sharing of experiences and best practices in managing climate-related risks and environmental impact in the financial sector.
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