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Fed Chair Jerome Powell on Thursday said the U.S. central bank had been working with the Network of Central Banks and Supervisors for Greening the Financial System (NGFS), and had been attending meetings. “I think we are in the process of applying for membership there now,” he said.
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“You can say it will be a game changer,” Despres said. “If you are a member you contribute...and you can benefit. ... It does make a difference for us...it does make a difference in fighting climate change.”
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