“Climate is no longer the only risk in town: thanks to a loud call from the scientific community, nature has finally been given a seat at the table with finance ministers, regulators and central bank governors.
Degradation of natural capital through human activity has brought us to a tipping point. The risks are multiple and varied, from precipitous declines in economic growth to the uncertain future of our species. All sectors of society are being called on to go ‘beyond carbon’ and reduce their negative impact on the natural environment, finding solutions that regenerate natural resources. How can financial institutions best be of service? By examining their balance-sheet exposure to nature-related risks and by channelling finance to businesses and projects that are restoring natural resources. They have the full support of the scientific community.”