MONROVIA, May 18 -- The Central Bank of Liberia (CBL) has been admitted as a Plenary Member of the Network for Greening the Financial System (NGFS), in a move described as a major breakthrough for Liberia's climate-responsive financial reforms and sustainable development agenda.

According to a release issued by the Central Bank, the decision was unanimously approved by NGFS members on April 10, 2026, in line with Article 7 of the organization's Charter governing plenary membership.

The NGFS was established during the One Planet Summit held in Paris in December 2017 by a coalition of central banks and financial supervisors seeking to strengthen the role of financial institutions in addressing climate-related risks while supporting enviro...