Biodiversity loss is moving up the agenda of governments, civil society and financial institutions. Billed as the ‘Year of Biodiversity’ because of the biodiversity COP in Kunming, 2020 saw biodiversity in the headlines for other reasons as a type of disease made more likely by nature loss emerged to cause a global pandemic. As efforts intensify through 2021, including the Dasgupta Review of the Economics of Biodiversity and launch of the Taskforce for Nature-related financial disclosures (TNFD), there is a growing need to increase knowledge, explain terminology and map how nature loss poses risks to financial institutions. CISL has done exactly this, building on the Dasgupta review to produce a handbook, in collaboration with financial institutions and University of Cambridge academics, for identifying nature-related financial risks that explains key concepts and provides a framework for risk identification. This webinar will discuss sources of nature-related financial risks: physical, transition and liability as well as how these sources become financial risks.
Speaker:
Dr Nina Seega is a Research Director for Sustainable Finance at the Cambridge Institute for Sustainability Leadership (CISL). At CISL, she leads a broad portfolio of engagements across a variety of sustainable finance themes, including nature-related finance. Nina has worked with De Nederlandsche Bank (DNB) on the financial impact of disruptive energy transition, collaborated with the South African National Treasury and Banco de Mexico on embedding environmental scenarios into financial risk frameworks and was the knowledge partner for the G20 Green Finance Study Group in 2016 and 2017. Previously, Nina was the Head of the London Traded Products Desk for Dresdner Kleinwort, where she was responsible for credit risk management of traded products. In addition to her role at University of Cambridge Institute for Sustainability Leadership, Nina is an academic visitor at the Bank of England, as well as a member of the Strategic Advisory Board on Sustainable Finance at the British Standards Institute, the Sustainable Finance Scientific Council at S&P Ratings and the Board of Directors at the Global Research Alliance for Sustainable Finance. Nina has defended her PhD on strategic practices that drive resilience in finance at the University of Cambridge. She also holds an MPhil in Innovation, Strategy and Organisation from University of Cambridge, an MSc in Information Systems from the London School of Economics, and a BSc in Mathematical Methods in Economics from the State University of Management in Moscow.
Date
Tuesday, 17 August 2021
Time
11:00 - 11:45 BST
Cost
Free
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