Almost $1.9tn. That’s the amount Moody’s Investors Service says is at stake as biodiversity loss intensifies nature-related risks. With financial markets currently under siege, concerns about biodiversity probably aren’t the first thing that comes to mind for panicked investors. But the long-term ramifications of a depleted natural world are potentially devastating. High-risk sectors such as coal and metals mining, as well as oil exploration and production, will likely face greater regulatory and investor scrutiny as every day passes. Companies that lack credible management strategies in this arena face the prospect of not only reputational damage, but also serious financial repercussions,
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