In February 2024, the G20 Finance Ministers and Central Bank Governors asked the FSB to conduct a stocktake of regulatory and supervisory initiatives associated with the identification and assessment of nature-related financial risks, including to investigate the perception of central banks and supervisors regarding whether nature degradation, such as biodiversity loss, is a relevant financial risk.
The stocktake summarises current and planned regulatory and supervisory initiatives, and presents the key challenges for authorities in identifying, assessing and managing nature-related financial risks. The report also includes some case studies on initiatives by authorities and international organisations (the Network for Greening the Financial System (NGFS), World Bank, Organisation for Economic Co-operation and Development (OECD), Taskforce on Nature-related Financial Disclosures (TNFD), De Nederlandsche Bank (DNB)).