INSPIRE

A new global framework for the protection of nature was adopted at COP15, with material targets for 2030. This commentary outlines their particular relevance for the financial sector and its efforts to halt nature loss. Read more

The impacts of biodiversity loss call for urgent and transformative changes to economic and financial systems. This paper discusses the need to extend the scope of central banks’ approach to the environmental crisis. Read more

This Final Report provides the conclusions of the NGFS-INSPIRE Study Group on Biodiversity and Financial Stability on the scale of the threats from 'biodiversity-related risk' to the global financial system, reviews the actions that central banks, supervisors and other financial actors are already taking in response, identifies policy options for evaluating and mitigating financial risks arising from biodiversity loss and makes recommendations for near-term action. Read more

Biodiversity loss poses a significant and under-appreciated threat to financial stability, and central banks and financial supervisors should act to confront nature-related risks, according to a new report published today (24 March 2022) by a group of central bankers, financial supervisors and academic researchers. Read more

Nick Robins and Ma Jun examine how the financial sector should respond to the global biodiversity crisis, which, with climate change, is threatening the global economy. Read more

Biodiversity is declining at unprecedented rates - and the economic and financial risks associated with this loss are growing. But there are steps that central banks and financial supervisors could take, finds a new report published today by a group of sustainable finance experts. Read more

This report is intended as a stocktake of the current context for central bank and financial supervisory action on biodiversity loss. It sets out the state of understanding on the linkages between biodiversity-related risks and financial stability, provides examples of emerging central bank and private finance activity, and identifies key themes, challenges and open questions. Read more

In this post for the Sustainable Finance Leadership series, Ma Jun and Nick Robins describe the need for a systematic approach by central banks and financial supervisors to biodiversity and outline the role for a new study group launched by the NGFS and INSPIRE. Read more