
An Overview of nature-related risks and potential policy actions for Ministries of Finance: Bending the curve of Nature Loss
- 06 June 2022
- Samantha Power, Nepomuk Dunz, and Olga Gavryliuk (World Bank)
Topic
Policy applications
Copyright Information
2022 The Coalition of Finance Ministers for Climate Action. All rights reserved.
Summary
This report focuses on economic and financial risks of nature loss, particularly those with fiscal implications. A range of potential policy options is presented, which could help MoFs manage nature-related risks. While the roles and responsibilities of MoFs 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 supervisor, regulator, or central bank counterparts. This report is an important step to help Coalition Members better understand nature-related risks and possible fiscal implications, as well as to initiate a discussion about policy challenges and how to best address them.
Website: https://www.financeministersforclimate.org/news/hp5-publishes-report-na…