'Scale of nature-related risks not yet known' says BofE's Breeden

Investors must take greater consideration of the nature-related risks facing businesses while also acknowledging that transition risks can compound some of these factors, according to Sarah Breeden, executive director, financial stability strategy and risk, at the Bank of England. She added that the potential scale of the financial impact stemming from nature-related financial risks is not yet known, and further research into the space, alongside global targets, will be essential to allow the global financial system to react to looming nature-based risks. In a speech at the Global Eth...