The Bangko Sentral ng Pilipinas (BSP) on Tuesday announced its membership to the Network for Greening the Financial System (NGFS), which is part of its initiatives to promote the sustainability agenda in the financial system.
In a statement, the BSP said the NGFS was a network of central banks and supervisors organized to enhance the role of the financial sector in managing climate and other environment-related risks and mobilize capital to support the transition toward a sustainable economy.
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