Showing posts with label financial instability. Show all posts
Showing posts with label financial instability. Show all posts

Sunday, August 2, 2026

Climate crisis poses growing threat to ‘core financial stability’, official at EU's bank warns

Ecosystem services are defined as any benefit that can be drawn from a natural structure or process – for example, water can be used as a raw material, an energy source through hydropower, or for transportation. It is also a habitat for marine life critical for food production, and a basis for recreational services. 

“Nature-related risks can pose material economic and financial risks, including through their impacts on credit risk, growth, inflation and – over the long-term – potential financial instability,” Elderson said...

 https://www.theguardian.com/business/2026/aug/01/ecb-climate-wildfires-global-economy-stability


 








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