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Launch of the Joint Report on nature-related financial risks in Malaysia

· Nor Shamsiah Mohd Yunus, Governor of the Bank Negara Malaysia (Malaysia)

Summary written by Dark Majestic in its own words · topics: climate, energy and nature

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· Nor Shamsiah Mohd Yunus Wiki · Bank Negara Malaysia WikiLaunch of the Joint Report on nature-related financial risks in Malaysia

ContextSpeech launching a joint report on nature-related financial risks in Malaysia; Bank Negara Malaysia keeps the financial system sound and studies biodiversity risks.

Why it mattersA joint study with the World Bank maps how biodiversity loss could hurt Malaysian lenders.

Problems raised
  1. Nature-related risks threaten finance.
  2. Climate risks are existential.
  3. Knowledge is limited.
Solutions proposed
  1. Publish a joint report with the World Bank.
  2. Explore nature-related risks.
  3. Step up the financial sector's response.
Read full speech on bis.org ↗

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