European Union and Network for Greening the Financial System: Difference between pages

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(EU).  
''Green finance - international initiatives.''


An economic and political union currently consisting of 27 European member states.
(NGFS).


The current members are: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia,  Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden.
Abbreviation for the Network of Central Banks and Supervisors for greening the Financial System, established in 2017.




====Areas of work====
The NGFS is established to:
The three areas which form the union are:  


*The European Community
*Help strengthen the global response required to meet the goals of the Paris Agreement.
*Common Foreign and Security Policy
*Enhance the role of the financial system to manage risks and to mobilise capital for green and low-carbon investments in the broader context of environmentally sustainable development.  
*Police and Judicial co-operation in Criminal Matters
*Define and promote best practices to be implemented within and outside of the membership of the NGFS.
 
*Conduct or commission analytical work on green finance.
 
====EU law====
The legislature of the EU includes the European Parliament, the Council of the European Union and the European Commission.
 
The EU's judicial bodies include the Court of Justice of the European Union (CJEU) and the European Court of Justice (ECJ) which includes the General Court and the Court of Auditors.
 
 
====Brexit====
The UK left the EU on 31 January 2020.
 
However, the UK continued to be subject to EU rules and remain a member of the European Single market and Customs union during the period ended 31 December 2020.




== See also ==
== See also ==
* [[Article 50]]
* [[Central bank]]
* [[Brexit]]
* [[Climate risk]]
* [[Brexit transition period]]
* [[ESG investment]]
* [[Brussels]]
* [[Global Sustainable Investment Alliance]]
* [[BUL]]
* [[Governance]]
* [[CEBR]]
* [[Green finance]]
* [[Council of the European Union]]
* [[Paris Agreement]]
* [[Court of Auditors]]
* [[Supervisor]]
* [[Court of Justice of the European Union]]
* [[Sustainable finance]]
* [[Customs union]]
* [[Sustainability]]
* [[Direct effect]]
* [[Sustainability bond]]
* [[Directive]]
* [[Sustainability linked loan]]
* [[Economic and Financial Affairs Council]]
* [[EMIR]]
* [[EU 27]]
* [[euro zone]]
* [[European Commission]]
* [[European Community ]]
* [[European Court of Justice]]
* [[European Council]]
* [[European Economic and Monetary Union]]
* [[European Economic Area]]
* [[European Investment Bank]]
* [[European Parliament]]
* [[General Court]]
* [[Member state]]
* [[NATO]]
* [[Official Journal of the European Union]]
* [[Payment Services Directive]]
* [[Regulation]]
* [[Retained EU law]]
* [[Schengen Area]]
* [[Single Market]]
* [[UK]]
__NOTOC__


[[Category:Context_of_treasury]]
[[Category:The_business_context]]
[[Category:Ethics]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Financial_products_and_markets]]

Revision as of 15:15, 9 September 2020

Green finance - international initiatives.

(NGFS).

Abbreviation for the Network of Central Banks and Supervisors for greening the Financial System, established in 2017.


The NGFS is established to:

  • Help strengthen the global response required to meet the goals of the Paris Agreement.
  • Enhance the role of the financial system to manage risks and to mobilise capital for green and low-carbon investments in the broader context of environmentally sustainable development.
  • Define and promote best practices to be implemented within and outside of the membership of the NGFS.
  • Conduct or commission analytical work on green finance.


See also