Overview
Ministries of Finance manage critical levers for nature conservation, restoration, and sustainable use and have high risk exposure to nature loss. MoFs can use their policy, regulation, planning, and budgeting levers to drive structural economic reform that bends the curve of nature loss by reducing economic drivers. This is a key area where MoFs’ responsibility to manage nature-related risks differs considerably from central banks and supervisors, who do not have substantial control over the drivers of nature loss. Additionally, MoFs have a role to play in ensuring a smooth economic transition to a nature-positive economy, including to limit the economy’s impact and direct dependency on nature (limiting nature-related transition risk).
Country Leads
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Finland |
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United Kingdom |
Member Countries
Cambodia, Chile, Colombia, Ecuador, France, Germany, Luxembourg, Mexico, Rwanda, Slovakia, Switzerland
Contributing Partners
- Brookings
- The Commonwealth
- European Investment Bank
- NGFS
- OECD
- SITRA
- TNFD
- UNEP
- World Bank Group
- WRI
Priority policy areas within workstream for 2024-2025
- Implementation of relevant targets of the Global Biodiversity Framework by member countries: aligning financial flows, disclosure, subsidies, mobilization of resources.
- Data, reporting and disclosure.
- How to value nature capital, including data and decision-support tool needed to assess risks and design policies.
- Nature financing, including phasing out subsidies harmful to nature.
Relevant Publications