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G7 Finance Ministers Agree Historic Global Tax Agreement

The G7 has today (5 June 2021) agreed to back an historic international agreement on global tax reform which delivers on the Chancellor’s promise for big international companies to start paying their fair share.

G7 Finance Ministers & Central Bank Governors Communiqué, 5 June 2021, London, United Kingdom

<p><span>We, the Finance Ministers and Central Bank Governors of the G7, met virtually on 28 May 2021, and Finance Ministers met in London on 4-5 June 2021, joined by the Heads of the International Monetary Fund (IMF), World Bank Group, Organisation for Economic Cooperation and Development (OECD), Eurogroup, and (on 28 May) Financial Stability Board (FSB). We agreed concrete actions to address today&rsquo;s historic challenges and as part of our renewed and urgent effort towards deeper multilateral economic cooperation.</span></p>

The embrace of the horizon: Forcefully moving with the changing tide for climate action in financial sector policies

SPEECH The embrace of the horizon: Forcefully moving with the changing tide for climate action in financial sector policies Speech by Frank Elderson, Chair of the Central Banks and Supervisors Network for Greening the Financial System, Member of the Executive Board and Vice-Chair of the Supervisory Board of the ECB, at The Green Swan Conference – Coordinating finance on climate Frankfurt am Main, 3 June 2021 Many thanks to the organisers for inviting me to address this conference with so many distinguished speakers. I am truly honoured to have the opportunity to speak at this important event and to discuss the immediate action the financial sector can and should take in the light of the ongoing climate crisis.

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