The NGFS (Network for Greening the Financial System) expands its review of climate impacts to financial activities, covering in this interim report the questions of biodiversity loss and its impact on the ability of central banks to fulfill their role and mandates.

It shows that the expansion of the focus scope, from Climate Risk “only” to encompass more aspects linked to Nature and Biodiversity, is accelerating.

The address for NGFS report is: https://www.ngfs.net/en/communique-de-presse/joint-study-group-biodiversity-and-financial-stability-launched-ngfs-and-inspire-publishes-interim