NGFS launches framework on nature-related risks
Guide aims to create common approach for central banks and supervisors
The Network for Greening the Financial System launched a new framework for central banks and supervisors to tackle nature-related financial risks on September 7.
The NGFS’s guide, unveiled at the Banque de France headquarters in Paris, aims to provide common principles. It tries to define nature-related risks, identify sources of physical and transition risk, and improve modelling and data.
“Along with the climate crisis, the degradation of nature is an existential threat facing our planet,”
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