The Network for Greening the Financial System (NGFS) published a statement on international cooperation to address climate and nature-related financial risks, following its Annual Plenary Meeting in Pretoria, and set out its strategic priorities for 2026 and 2027. Hosted by the South African Reserve Bank, the plenary brought together over 180 central bank and supervisory representatives from 76 countries. Members agreed the NGFS will remain a technical incubator of new topics and innovative approaches, provide scenario expertise, and build capacity and support practical implementation. Thematic discussions covered climate adaptation, incorporating nature risk into supervisory practices, the impact of climate on monetary policy, and the next update of the NGFS short-term climate scenarios. The NGFS reported a record membership of 149 members across 92 countries and 24 observers as of March 2026. To become more inclusive of its diverse membership, the NGFS will introduce regional groups as part of its 2026–27 work programme.

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