Economic activity depends on a flourishing biodiversity and intact environment through the provision of ecosystem services. The depletion of these services poses physical risks for the financial sector. This paper attempts to measure the potential exposure of the banking systems in 20 emerging markets to nature loss through their lending portfolio. The results show that banks in emerging markets allocate around half of their credit portfolio to firms...
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详细
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2023/05/02
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政策研究报告
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WPS10432
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1
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2023/05/02
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Disclosed
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Biodiversity and Finance : A Preliminary Assessment of Physical Risks for the Banking Sector in Emerging Markets