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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.

Glasgow cityUnited kingdomFrance generalFrank eldersonSarah breedenMark carneyNassim nicholas talebInternational financial reporting standards foundationEuropean central bankEuropean commissionNetherlands institute of ecologyTask force on financial disclosuresSupervisors network for greening the financial systemNetwork for greening the financial systemSustainable finance study groupInternational organization of securities