Duration

4 days

Application deadline

26 September 2025

Objective

In December 2023, world leaders at COP28, the UN’s climate summit in Dubai, finally reached an agreement: all 198 parties at the conference committed to “transition away” from using fossil fuels, the main source of the greenhouse gas emissions responsible for global warming, in their energy systems.

Achieving this goal will require a transformation of the financial system, its culture and its incentives. In this context, sustainability means making economic prosperity long lasting, socially inclusive and less dependent on the exploitation of finite resources. The Network Greening the Financial System (NGFS) began its activities in January 2018. The network members agreed on an agenda which includes sharing experiences and identifying best practices with regard to the supervisory and macrofinancial dimensions of climate-related and environmental risks, as well as on options to scale up green financing. This expert panel follows the recommendations of the “Sustainability Training Reference Guide” (STaR Guide) released by the NGFS, which is published on the Climate Training Alliance (CTA) Portal.[1]

In view of recent developments, this expert panel aims to provide an overview of current supervisory activities in the field of sustainable finance. It will discuss the possible effects of these developments on the financial system as well as the challenges and opportunities they present. Moreover, the panel will offer a platform to discuss what role supervisory authorities and central banks should take, or – in other words – “How green do supervision and regulation need to be?”

Content

• Introduction to supervision in Germany and Europe
• Overview of current micro- and macroprudential supervisory developments and initiatives
• German implementation of regulatory guidance by BCBS and at EU level
• Discussion of the effects on financial systems: data analyses, challenges and future potential

Target group

The course is aimed at experts in banking supervision or financial stability with a broad knowledge of banking supervision and regulation. Participants should also have a grasp of current regulatory developments with respect to sustainable and green finance worldwide. Active participation in the form of a short presentation on one of these topics and willingness to share their own experiences and national approaches is mandatory.

Please note

Active participation, such as in the form of a short presentation on a green finance or supervisory initiative, is mandatory. A nominating person is mandatory for the participation in our in-person courses.

Footnote:

1. The STaR Guide aims to provide advice and recommendations to central banks and financial supervisors on how to systematically establish an in-house capacity building programme on the basis of climate-related and environmental knowledge.