On 5 June 2020, the De Nederlandsche Bank (DNB) published a Report on Biodiversity: Opportunities & Risks for the Financial Sector.
16 Jul 2020
The paper addresses two important questions: how financial institutions can be affected by risks arising from the loss of biodiversity, and how they can have a positive impact on the preservation and restoration of biodiversity.
For example, failing ecosystems can lead to credit risks for banks. This occurs when natural resources are rendered inaccessible and the production processes that rely on them are disrupted as a result. Preserving and restoring biodiversity requires a major shift towards investments that support these activities, and in this respect financial institutions can play a key role.
This article was originally published in the June edition of REGWATCH. Read the full edition covering the following jurisdictions:
- European Union
- Hong Kong
- United Kingdom