A new risk centre which provides tools to help financial institutions analyse nature-related risks has been launched by the UN Environment Programme Finance Initiative. But climate non-profit Reclaim Finance has questioned its ability to bring about “real change”.
The centre will provide UNEP FI members with access to a centralised resource hub for climate and nature risks, as well as addressing other sustainability risks such as pollution and social issues, challenges related to stress-testing, regulation and specific risks related to waste, pollution and resource use.