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Nature risks bigger threat to the economy than Global Financial Crisis, warns GFI
25 April 2024Nature risks could cause more damage to the UK economy than the Global Financial Crisis, the Green Finance Institute has said, warning that large UK financial institutions are also not doing enough to mitigate the risks in their portfolio.
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Nature investment tracker to be launched by UK financial institutions
14 July 2023Some of the largest UK financial institutions have launched a group that aims to develop a database to track private finance investments in nature.
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UK financial institutions 'much more' engaged with TNFD than corporates
12 January 2023UK-based financial institutions have shown "much more engagement" with developing the Taskforce on Nature-related Financial Disclosures (TNFD) recommendations than corporates,...
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COP15 agreement 'not only road' to nature transparency
13 December 2022Montreal: Financial institutions will have to report on their nature risks regardless of the outcome of COP15 due to nature-related action from central banks, an executive at Rabobank has said.