All posts tagged "Biodiversity Loss"
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612ESG / SustainabilityMAS Issues New Guidance on Environmental Risk Management
Banks, insurers and asset managers are directed to use the guidance to bolster their resilience to environmental risk and set tangible targets for action.
June 2, 2022 -
394ESG / SustainabilityNGFS Forms New Task Force to Address Nature-related Risks
The extent and severity of the physical and transition risks linked to biodiversity loss will be more difficult for the financial industry to assess than for climate change.
March 28, 2022 -
657AML / KYCEC Adopts Proposal on Corporate Sustainability Due Diligence
The proposal requires companies, including certain non-EU companies, to address negative human rights and environmental impacts in their supply chains.
February 28, 2022 -
540Big PictureWEF Calls for Global Coordination to Address Emerging Risks
The climate crisis, growing social divides, heightened cyber risks, an uneven global recovery and competition in space were cited as key risks.
January 13, 2022 -
223ESG / Sustainability
NGFS Details Progress Made By Supervisors on Climate Risk
The NGFS plans to launch a capacity building initiative for supervisors, develop policy recommendations to bridge data gaps, and further build on its climate scenarios work.
October 28, 2021 -
494Big Picture
Whole Financial System Needs to Work Against Biodiversity Risk
NGFS-INSPIRE Study Group outlines data, analytics challenges for central banks and financial supervisors.
October 12, 2021 -
394Big PictureWWF Calls for Supervisory Action to Address Biodiversity Loss
Capital requirements should be enhanced when institutions are exposed to sectors detrimental to the environment, says a new WWF report.
July 18, 2021 -
464ESG / SustainabilityG20 Endorses Use of Carbon Pricing Mechanisms, Incentives
The use of carbon pricing mechanisms and incentives was included in the G20 communique among the set of tools to facilitate the transition to a more sustainable economy.
July 12, 2021 -
366Big Picture
NGFS Paper Sets Out Biodiversity Loss Research Agenda
An NGFS/INSPIRE study group will seek to improve understanding of the link between biodiversity loss and financial stability.
June 22, 2021 -
597AML / KYCG7 Leaders Commit to Acting on Corruption, Shell Companies
The communique highlights a need to tackle the misuse of shell companies and curtail the ability of illicit actors to hide wealth, including in real estate.
June 14, 2021
