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Opening remarks by Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, at the NGFS Annual Plenary Event panel discussion on “Incorporating nature into supervisory practices”
Pretoria, 9 March 2026
We are living in unprecedented, turbulent times.
Almost by the week, we see the proliferation of conflicts, an erosion of the international rule-based order and collapsing international cooperation across several domains.
In the face of multiple challenges, the very urgent often overtakes the vitally important. It is tempting, and quite frankly a natural human reaction, to focus on the most immediately visible issues.
With numerous severe challenges vying for our attention, today’s event – where we are welcoming representatives from all six continents to focus on the ongoing climate and nature crises – conveys a powerful and hopeful message. It shows that coming together, cooperating and engaging with one another across…
