July 18, 2024
Stocktake on Nature-related Risks: Supervisory and regulatory approaches and perspectives on financial risk
The Financial Stability Board (FSB) conducted a stocktake of regulatory and supervisory initiatives associated with the identification and assessment of nature-related financial risks, including an investigation of the perception of central banks and supervisors regarding whether nature degradation, such as biodiversity loss, is a relevant financial risk.
The stocktake summarizes current and planned regulatory and supervisory initiatives, and presents the key challenges for authorities in identifying, assessing and managing nature-related financial risks. The report also includes some case studies on initiatives by authorities and international organizations.