Finance sector

Launch of the Draft Finance Sector Supplement to the Natural Capital Protocol for public consultation

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New York, NY: Today the Natural Capital Coalition (the Coalition), the Natural Capital Finance Alliance (NCFA) and the Dutch Association of Investors for Sustainable Development (VBDO) launch the Natural Capital Protocol’s draft Finance Sector Supplement for public consultation. The draft document will be released at an event at The Rockefeller Foundation HQ in New York.

Innovative stress testing tool helps banks understand risk of loan default driven by drought

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Ground-breaking, open source tool stress tested bank loan portfolios under drought scenarios in Mexico, Brazil, China and the US

LONDON: Financial institutions and environmental experts from across the globe have partnered in a project to develop a set of environmental risk stress tests that measure the credit worthiness of bank loans.