NGFS publishes Nature-related risks: a Compendium of Implementation Practices to guide Action by Central Banks and Supervisors

The Compendium showcases how central banks and supervisors across the NGFS membership are already putting nature-related risk assessment into practice. Drawing on surveys covering more than 30 initiatives across jurisdictions, as well as six in-depth case studies, it highlights emerging approaches for identifying, assessing and monitoring nature-related financial risks.  

The Compendium finds that:

• Disruptions in water-based ecosystem services are the most consistently identified source of nature-related financial risk across the initiatives reviewed.  
• Nature-related risks are often concentrated in sectors such as agriculture, forestry, manufacturing and real estate, but can have economy-wide and financial system implications.  
• Central banks and supervisors are increasingly moving beyond conceptual discussions and developing practical analytical tools to assess economic and financial vulnerabilities linked to nature degradation.  

The reports reflect the NGFS's commitment to supporting its members in building analytical capabilities, sharing implementation experience and strengthening international cooperation on climate and nature-related financial risks.

“Nature underpins economic prosperity and financial stability. As our understanding of nature-related financial risks continues to deepen, so too does the importance of turning knowledge into action. This Compendium highlights the progress achieved by NGFS members and reaffirms the value of international cooperation in strengthening our resilience to nature degradation” said Olaf Sleijpen, NGFS Chair.

To read the full report, please click here.

About the NGFS
The Network for Greening the Financial System (NGFS), launched at the Paris One Planet Summit on 12 December 2017, is a group of central banks and supervisors, which on a voluntary basis is willing to share best practices and contribute to the development of environment and climate risk management in the financial sector, and to mobilize mainstream finance to support the transition toward a sustainable economy. The NGFS brings together 151 central banks and supervisors and 24 observers. The NGFS Chair is Olaf Sleijpen, president of De Nederlandsche Bank. The Secretariat, headed by Yann Marin, is provided by Banque de France.
For more details, visit the NGFS website, Linkedin and 2025 Annual Report or contact the NGFS Secretariat at Banque de France sec.ngfs@banque-france.fr
Press Office at the Banque de France: +33 (0) 1 42 92 39 00/ presse@banque-france.fr