The gap between humanity’s demands on nature and nature's ability to supply is widening and threatens the continued provision of critical ecosystem services that underpin key economic sectors. Awareness of the resulting nature-related risks among policymakers, real sector companies, financial institutions and citizens has increased precipitously over the past several years.
The report focuses on the economic and financial risks of nature loss, particularly those with fiscal implications. A range of potential policy options is presented, which could help finance ministries manage nature-related risks. While the roles and responsibilities of the ministries differ across countries, they all control levers that can make a significant contribution to reducing nature loss and the resulting risks.
At the same time, many of the policy recommendations in the report can be most effectively implemented through a coordinated approach with other relevant ministries and possibly with supervisors, regulators, or central bank counterparts.