Nature-related litigation: emerging trends and lessons learned from climate-related litigation

About this Report

Network for Greening the Financial System | July 2024

The NGFS report on Nature-related litigation delves into the emerging trends and lessons learned from climate-related litigation, highlighting the increasing relevance of legal actions in addressing environmental challenges. The report outlines key trends in nature-related litigation, including cases related to biodiversity loss, deforestation, ocean degradation, carbon sinks, and plastic pollution. It emphasizes the potential impacts of these cases on central banks, supervisors, and the financial system. The report anticipates a growth in nature-related litigation inspired by successes in climate-related cases and increasing awareness of the nature crisis. It also discusses the evolving nature, scope, and targets of such legal actions, potentially focusing on biodiversity hotspots, megadiverse countries, and extraterritorial litigation related to environmental damage. Through a collaborative effort, the report provides insights into strategic nature-related litigation and its implications for the financial sector, offering valuable lessons for addressing environmental issues through legal means.

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