New Handbook for Nature-related Financial Risks from CISL
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Nature and Biodiversitydate: 25/03/2021
Building on the Dasgupta Review of the economics of biodiversity, the handbook details how nature loss represents material financial risk by defining key concepts and risk transmission channels, and includes a risk framework empowering financial institutions to start identifying nature-related risks in their portfolios, assets, operations and revenue streams face. In 2021, CISL be working with financial institutions participating in the programme to apply the risk framework and assess specific cases of risk nature-related risk.
The tool is part of a CISL programme on nature-related financial risks; more information can be found here.