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Bending the curve of biodiversity loss. In March 2022, the Network for Greening the Financial System , a coalition of more than 120 central banks and supervisors, published a new statement , acknowledging that biodiversity loss could lead to significant macroeconomic and financial stability risks.
We are bending the curve on Canada’s fight on pollution.” With the World Bank, the World Trade Organization, and environmental groups all in agreement, he added, “getting rid of inefficient fossil fuel subsidies is now a common sense bottom line.”
It also says central banks and supervisors should take action (Target 14), and supports the creation of economic incentives for businesses and financial institutions to maximise the mobilisation of private finance (Target 18 and 19). It also recommended policy actions for risk mitigation.
Bending the curve to 1.5°C. The Glasgow Climate Pact also criticized the traditional channels of public funds that set the conditions for finance to flow, including the International Monetary Fund and the World Bank. As a former senior U.N. offi cial, I’ve been involved in climate negotiations for several years.
Together we can bend the curve of biodiversity loss and create a world in which both people and planet can thrive,” said Dr Doug Gurr, the Natural History Museum’s Director. The fund aims to achieve long-term capital appreciation by investing in a concentrated portfolio of companies working to preserve and restore biodiversity.
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