Biodiversity’s finance solution

Is the solution for nature related financial risks, more engaged financial industry? Cop16, the UN’s biodiversity group opens its meeting in Columbia this week. Not only are our economies greatly dependent on nature and natural resources, but we also have governments that can create financial costs to nature. Solutions that are being discussed include: (1) that financial firms must manage and disclose their nature-related financial risks, alongside their climate risks; and (2) financial institutions must begin to engage actively with clients to explore opportunities to support their transition towards more nature-positive activities and reflect this within their transition plans.

The Conversation | How finance can be part of the solution to the world’s biodiversity crisis