All the news that came from all 3 days of The BIS, Bank of France, IMF and NGFS joining forces to co-sponsor the Green Swan Conference and implement new monetary policies that disrupt the world.

Thriller Premium is covering The Green Swan Conference for the first year, The Bank for International Settlements, Bank of France, International Monetary Fund and Network for Greening the Financial System joined forces to co-sponsor a unique global virtual conference on "How in practice can the financial sector take immediate action against climate change-related risks?".

The conference gathered the four heads of the co-sponsoring organizations, three Nobel Laureates, 15+ current and former central bank Governors and top executives, 25+ senior policymakers and official sector experts, 20+ prominent academics and 25+ senior executives and CEOs from the private sector. They discussed the most feasible and concrete proposals for a more sustainable economy, financial sector and society.

We are reporting on this conference to make sure these elite central bankers are held accountable and we are reporting exactly what is being said about green monetary policy and what exactly is set in motion. We believe the next economic downturn will be discussed and set forth in motion here first. Our hope is to keep you informed.

Prologue: Nomi Prins: How Central Bankers Rigged the World

Book Nomi Prins, PhD for Speaking, Events and Appearances | APB Speakers

Green Swan Conference Highlights

NGFS (Network for Greening the Financial System)

The Network’s purpose is to help strengthening the global response required to meet the goals of the Paris agreement and to enhance the role of the financial system to manage risks and to mobilize capital for green and low-carbon investments in the broader context of environmentally sustainable development. To this end, the Network defines and promotes best practices to be implemented within and outside of the Membership of the NGFS and conducts or commissions analytical work on green finance.

Origin of the Network for Greening the Financial System

At the Paris “One Planet Summit” in December 2017, eight central banks and supervisors established the Network of Central Banks and Supervisors for Greening the Financial System  (NGFS). Since then, the membership of the Network has grown dramatically, across the five continents

Problems they say we are facing:

Questions Posed at the Green Swan Conference

Banque de France on Twitter: "🗓️ Why this Conference? How can the  #financial sector take immediate action against climate change-related  risks? 🗓️ #Centralbanks & #climatechange: how to manage expectations,  balance actions and

Central banks and climate change: how to manage expectations, balance actions and communication and contribute to coordinate with other important actors?

  • Agustín Carstens (BIS), Christine Lagarde (ECB), Yi Gang (People’s Bank of China), Jerome Powell (Federal Reserve Board of Governors), François Villeroy de Galhau (Banque de France; NGFS)
  • Moderator: Gillian Tett (Financial Times)

Do we take sufficient account of the redistributive impacts of climate change?

  • François Bourguignon (Paris School of Economics), Mari Pangestu (World Bank) Ann Pettifor (Policy Research in Macroeconomics), Fiona Reynolds (PRI), David Wood (Harvard Kennedy School)
  • Moderator: Jeffery Yong (BIS)
  • Remy Briand (MSCI), Herman Bril (Arabesque Asset Management), Olivier Rousseau (Fonds de Réserve pour les Retraites)
  • Moderator: Benoît Mojon (BIS)