The Deputy Governor of the Bank of Ghana, Matilda Asante-Asiedu, has reaffirmed Ghana’s commitment to sustainable finance during the recent plenary meeting of the Network for Greening the Financial System (NGFS) held in Pretoria, South Africa.
The high-level gathering, hosted at the headquarters of the South African Reserve Bank, brought together policymakers, central bank leaders, and financial regulators to exchange ideas and strategies aimed at strengthening climate-responsive financial systems worldwide.
Speaking during a panel discussion, Asante-Asiedu shared Ghana’s progress in greening the financial services sector, stressing the need for stronger collaboration among African central banks to effectively address climate-related financial risks.
She joined fellow policymakers from Tanzania, Namibia, and South Africa to discuss regional approaches to sustainable finance, highlighting how financial regulators can integrate climate considerations into supervisory frameworks while safeguarding financial stability.
“Integrating climate considerations into financial supervision is not just an environmental imperative, but a pathway to long-term economic resilience,” she stated during the session.
Her remarks reflected a growing awareness among global financial leaders that climate risks could pose serious threats to financial stability and economic growth if they are not proactively addressed.
Asante-Asiedu also expressed gratitude to Fundi Tshazibana and the leadership of the South African Reserve Bank for hosting the dialogue and creating an important platform for African central banks to share experiences on sustainable finance.
The NGFS plenary continues to play a vital role in strengthening global cooperation on climate finance, particularly as central banks seek to align financial systems with sustainability and resilience goals.
For Ghana, the participation of the Bank of Ghana at the forum underscores the country’s determination to build a resilient and environmentally responsible financial sector, positioning it as a key contributor to international efforts to address climate-related financial challenges.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Source: www.myjoyonline.com