With the link between climate and nature starting to be considered by investors, industry experts were encouraged to see discussions about nature risk crop up with more frequency at COP27 this year.
“Nature-based issues and nature-based risk just keep featuring in the discussions,” the Taskforce for Nature-related Financial Disclosure’s executive director Tony Goldner told ESG Clarity in Egypt, while WWF’s global finance practice leader Margaret Kuhlow added the environmental NGO is being included in many more finance conversations.
These discussions were also apparent to Principles for Responsible Investment (PRI) CEO David Atkin, who says that as a result, there will be a “significant uplift in our programme of work [on nature] in the next 12 months”.
“The biggest thing we will address is that link between nature and climate,” he tells ESG Clarity at COP27. “You can’t solve the climate issue unless you are seriously addressing the nature piece.”
Read the full interview in ESG Clarity’s November 2022 digital magazine.