Biodiversity loss and associated economic costs are increasingly recognized as a source of financial risks. This paper explores how and to what extent Brazilian banks are exposed to the loss of biodiversity through their lending to non-financial corporates. The results suggest that such exposures are material. Forty-six percent of Brazilian banks’ non-financial corporate loan portfolio is concentrated in sectors highly or very highly dependent on...
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详细
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2021/08/25
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政策研究报告
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WPS9759
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1
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1
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2021/08/25
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Disclosed
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Nature-Related Financial Risks in Brazil
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ecosystem service