Commenting on the report published by the Green Finance Institute today, Miles Celic, Chief Executive Officer, TheCityUK, said,
"This analysis underlines the significant financial impact of nature degradation to the UK economy, society and the financial sector. Given the risks posed, it is crucial that our industry works together to tackle nature and climate risks, as well as ensuring that nature-related considerations are factored in to decision making, risk management frameworks and transition plans. We have a key role to play in accelerating efforts to protect and restore nature and look forward to working with government and regulators to take a proactive approach on this important issue."