{"id":85419,"date":"2026-03-31T09:00:00","date_gmt":"2026-03-31T08:00:00","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=news&#038;p=85419"},"modified":"2026-04-01T16:52:27","modified_gmt":"2026-04-01T15:52:27","slug":"the-global-macro-criticality-of-nature-how-nature-degradation-can-raise-the-cost-of-government-borrowing","status":"publish","type":"news","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/news\/the-global-macro-criticality-of-nature-how-nature-degradation-can-raise-the-cost-of-government-borrowing\/","title":{"rendered":"The global macro-criticality of nature: how nature degradation can raise the cost of government borrowing"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<?xml encoding=\"UTF-8\"><p>The degradation of nature has already&nbsp;contributed to higher borrowing costs&nbsp;for sovereign governments, especially for lower-income countries that are nature-dependent. Given the interconnection of global supply chains and financial markets, this has important implications for countries and policymakers across the world, write Alexander Wollenweber, Dieter Wang, Carlo Pasqua and Nicola Ranger in this commentary for Earth Capital Nexus.<\/p>\n\n\n\n<p><strong><em><a class=\"link link--external\" href=\"https:\/\/earthcapitalnexus.org\/commentary\/the-global-macro-criticality-of-nature-how-nature-degradation-can-raise-the-cost-of-government-borrowing\/\" aria-describedby=\"link-description-new-window\" target=\"_blank\" rel=\"noopener\" title=\"\">External link to commentary&#65279;<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 16 16\" role=\"img\" aria-hidden=\"true\"><path d=\"M14.42 1.04L3.2.7a.8.8 0 00-.8.76v.1a.8.8 0 00.76.7l9.39.3L.93 14.16c-.3.3-.3.8 0 1.1l.09.08c.3.23.73.2 1.01-.07L13.65 3.65l.29 9.4a.8.8 0 00.8.76.79.79 0 00.77-.8L15.17 1.8a.82.82 0 00-.75-.76z\" fill=\"#2e3152\"><\/path><\/svg><\/a><\/em><\/strong>&nbsp;<\/p>\n\n","protected":false},"excerpt":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<?xml encoding=\"UTF-8\"><p>This Earth Capital Nexus commentary investigates how nature degradation can raise the cost of government borrowing.<\/p>\n\n","protected":false},"author":72,"featured_media":85421,"template":"","tags":[5198,5043,5199,4934],"news-category":[16],"topic_area":[4689,4710],"class_list":["post-85419","news","type-news","status-publish","has-post-thumbnail","hentry","tag-lower-income-countries","tag-nature-degradation","tag-nature-related-financial-risks","tag-sovereign-bonds","news-category-20-commentary","topic_area-financing-a-better-future","topic_area-public-finance"],"acf":{"exclude_from_sync":{"ref_value":"field_560538b0e7350","value":"0","type":false,"post_type":""},"show_translations_widget":{"ref_value":"field_6203d588c41e8","value":"0","type":false,"post_type":""},"downloads":{"ref_value":"field_52f16cc1a80f2","value":false,"type":"repeater","post_type":""},"rss_newsletter":{"ref_value":"field_54f5c2c1544d8","value":"","type":false,"post_type":""},"profile_link":{"ref_value":"field_52f164b5189e9","value":["alexander-wollenweber","dieter-wang","carlo-pasqua","nicola-ranger"],"type":"relationship","post_type":"profile"},"spotlight":{"ref_value":"field_52f80896506d3","value":"","type":false,"post_type":""},"article_link":{"ref_value":"field_52eee3c7f0586","value":"","type":false,"post_type":""},"article_link_title":{"ref_value":"field_5322399d89d42","value":"","type":false,"post_type":""}},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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