Home » Resource Database Educational video An Introduction to Managing the Financial Risks from Nature Loss Authoring Organisation GARP Publish Date July 2024 About this Educational videoRisk managers should understand how nature loss impacts their business. In this webcast, we outline why nature is a critical new risk area, and how your firm can get started managing those risks. In April, GARP released the findings from its first global survey of nature risk management across 48 top financial firms with nearly USD 33 trillion of assets. It found that only a few firms are advanced in understanding and managing nature-related risks. The vast majority of firms are still working out how nature loss could impact their portfolio and how they should start identifying and managing it. This webcast is aimed at those who are new to nature and confused about the terminology and how it might be relevant as a financial risk. GARP will be looking at: What nature is and how it underpins all of our economies; How nature loss creates risks and opportunities; and Steps that can be taken to identify and start managing nature-related risk. About this educational video (An Introduction to Managing the Financial Risks from Nature Loss)(This link will take you to an external website) Related resources When the bee stings: counting the cost of nature-related risks BloombergNEF, December 2023 BloombergNEF have published a timely series of case studies, in consultation with TNFD, showcasing how nature risks have materialised into significant financial consequences for leading companies across sectors and geographies over the last two... GARP 2024 Climate and Nature Risk Symposium Launched in 2024, this oversubscribed, two-day event held in London explored the interconnections between climate change and nature risk, with a particular emphasis on the tipping points in our climate, environmental, economic, and social systems. The speaker line-up from financial... Related publications Guidance on LEAP: Methods for assessing nature-related risks Related webinars Additional guidance for financial institutions March 7, 2024 (Updated: March 8, 2024) Published alongside the TNFD Recommendations in September 2023, this Forum member webinar explored the draft additional guidance for financial institutions open for consultation until 29 March. This session provides an...