Federal Reserve Board announces it has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System (NGFS)
EST
The Federal Reserve Board on Friday announced it has
withdrawn from the Network of Central Banks and Supervisors for
Greening the Financial System (NGFS).
While the Board has
appreciated the engagement with the NGFS and its members, the work of
the NGFS has increasingly broadened in scope, covering a wider range
of issues that are outside of the Board's statutory mandate.
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