NGFS publishes the "Statement on Nature-Related Financial Risks"

March 25, 2022
Bank of Japan

On March 24, 2022, the Network of Central Banks and Supervisors for Greening the Financial System (NGFS) published the "Statement on Nature-Related Financial Risks."

Please refer to the following documents for more details.

• Press Release (Link to an external website)
• Statement on Nature-Related Financial Risks [PDF] (Link to an external website)

This statement is based on the research conducted by a joint NGFS-INSPIRE Study Group on Biodiversity and Financial Stability, established in April 2021, which develops a research-based assessment of the implications of biodiversity loss for central banks and supervisors in delivering against their mandates.

Please refer to the following document for more details.

• Central banking and supervision in the biosphere: An agenda for action on biodiversity loss, financial risk and system stability [PDF] (Link to an external website)

Reference : NGFS Website (Link to an external website)