Financial risks of nature loss

About this event

This online event will brief parliamentarians and parliamentary staff on the evidence on the financial risks of nature loss and how they can be assessed. It will also enable a closed discussion between parliamentarians, Government officials, leading academics and other stakeholders on this subject.

Loss of nature threatens human wellbeing, society and global economies. Species are being lost at hundreds of times their normal rate and it’s estimated nature has been degraded below the level needed to continue to support the benefits it provides to society.

The Dasgupta Review set out a lack of pricing in our dependency on nature has led to our over-exploitation of natural resources. The financial sector is exposed to risks of nature loss through their advisory, lending and investment decisions. These risks are currently embedded in the financial system but are largely not understood, measured or mitigated against.

Mitigating these risks cannot be achieved without engaging with the financial sector to divert the flows of capital away from activities that cause the destruction of nature, or are “nature-negative”, and towards those that are “nature-positive”. While there is increasing political and industry consensus on the need for this shift, there is debate on how this can be achieved.

Chair

Baroness Parminter – Chair of the House of Lords Environment and Climate Change Committee and member of the Food, Poverty, Health and Environment Committee

Speakers

• Professor Aled Jones, Anglia Ruskin University
• Professor Jill Atkins, Sheffield University
• Katie Kedward, University College London
• Dr Nina Seega, University of Cambridge
• Oscar Warwick Thompson, UK Sustainable Investment and Finance Association
• Dr Simon Dikau, London School of Economics
• Emily McKenzie, Taskforce on Nature-related Financial Disclosures
• Sarah Draper, Global Canopy

Who can join

This briefing is open to parliamentarians, parliamentary staff, Government officials and public servants.

FAQs

How can I contact the organiser?

You can contact POST at postevents@parliament.uk. Please advise us of any particular requirements you may have, or of anything we can do to make this event accessible to you.

What will you do with my data?

Personal data collected by the UK Parliament for this event facilitate entry and evaluation. To find out more about how we handle personal data, please see our privacy policy.