- The NGFS group shares best practices to develop the environment and climate risk management in the financial sector. It mobilizes finance which will help to support in achieving a sustainable economy.
- It was launched at the Paris One Planet Summit in Dec 2017
- Through this membership, RBI expects to have the benefit and contribute to Green Finance in the context of climate change.
- Static Part:
- HQ of RBI: Mumbai
Question:
Q.1 Which organisation joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as a Member?
a. Reserve Bank of India
b. Securities and Exchange Board of India
c. Insurance Regulatory and Development Authority of India
d. Association of Mutual Funds in India
a. Reserve Bank of India
b. Securities and Exchange Board of India
c. Insurance Regulatory and Development Authority of India
d. Association of Mutual Funds in India
