The Network for Greening the Financial System has published its 2026-2027 strategy, setting out how it plans to move its work from principles to practice. The strategy is framed around a single objective of maximizing the effectiveness and impact of NGFS work for members and the broader financial community, against a backdrop of rising climate-related losses, increasing physical risks and diverging transition pathways across jurisdictions. The strategy centers on three priorities. First, NGFS will continue to act as a technical incubator for innovative work on climate and nature-related risks, with emphasis on physical risks, adaptation and nature-related risks. Second, it will strengthen its role as a center of expertise on climate scenarios by enhancing both long-term and short-term scenarios and supporting their practical implementation. Third, it will build capacity and support implementation so members can translate technical work into operational tools.