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Lessons from Mount Everest: acting now to curb nature-related financial risks


At the Launch Event of the NGFS Conceptual Framework on Nature-related Financial Risk Klaas Knot called for urgent action to assess and reduce the risks the nature crisis poses to the economy and the financial system. The rapid degradation of nature is threatening ecosystems and the services they provide. Services such as clean water, healthy air, food and materials that are all essential to our economies and our very existence as humans. “As central banks and supervisors, we have every reason to be concerned, because it’s an illusion to think we can preserve financial stability if this degradation continues.”, Knot said.

Gepubliceerd: 07 september 2023

DNB president Klaas Knot

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