NGFS says nature-related risks could have significant macroeconomic and financial implications
Today, the NGFS published a “Statement on Nature-related financial risks”, which acknowledges that nature-related risks, including those associated with biodiversity loss, could have significant macroeconomic implications, and that failure to account for, mitigate, and adapt to these implications is a source of risks relevant for financial stability.
Nick Robins Ravi Menon Ma Jun International Network For Sustainable Financial Policy Insights Workstream On Research Study Group
Source: finextra.com