Publication:
Nature-Related Risk Assessment Approaches for the Financial Sector: Applicable Approaches and Implications in East Asia and Pacific

dc.contributor.authorWorld , Bank
dc.date.accessioned2024-07-12T20:29:08Z
dc.date.available2024-07-12T20:29:08Z
dc.date.issued2024-07-12
dc.description.abstractThis paper analyzes several existing approaches and data platforms for assessing nature-related financial risk in the East Asia and Pacific region and examines the current level of disclosure by companies in East Asia and Pacific countries. Chapter 2 discusses how companies and financial institutions can assess their impact on nature using existing approaches, following the TNFD’s LEAP process. Chapter 3 explores specific data related to East Asia and Pacific countries from different platforms. It is noted that in some East Asia and Pacific countries, there are very few publicly listed companies, making it hard to find relevant corporate data. The chapter also highlights the challenges of applying existing approaches to developing economies. Chapter 4 compares sustainability disclosure standards and nature-related risk assessments in various East Asia and Pacific countries and analyzes reports on country-specific risks and companies’ own disclosures. Finally, chapter 5 summarizes the paper’s key findings, discusses its contributions and limitations, and suggests areas for future improvement. It proposes that financial regulators could improve by enhancing the availability of nature-related data, developing material indicators and metrics, instituting sustainability reporting requirements for financial institutions and corporations, supporting academic research to assess nature-related financial risks, and fostering regional cooperation.en
dc.identifierhttp://documents.worldbank.org/curated/en/099614207082490746/IDU1a2f007571e8381442f1a05512af22cc4067f
dc.identifier.doi10.1596/41863
dc.identifier.urihttps://hdl.handle.net/10986/41863
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectTNFD
dc.subjectLEAP PROCESS
dc.subjectDATA PLATFORMS
dc.subjectDISCLOSURE
dc.subjectRISK ASSESSMENT
dc.titleNature-Related Risk Assessment Approaches for the Financial Sectoren
dc.title.subtitleApplicable Approaches and Implications in East Asia and Pacificen
dc.typeReport
dspace.entity.typePublication
okr.crossref.titleNature-Related Risk Assessment Approaches for the Financial Sector: Applicable Approaches and Implications in East Asia and Pacific
okr.date.disclosure2024-07-12
okr.date.lastmodified2024-07-09T00:00:00Zen
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/099614207082490746/IDU1a2f007571e8381442f1a05512af22cc4067f
okr.guid099614207082490746
okr.identifier.docmidIDU-a2f00757-e838-442f-a055-2af22cc4067f
okr.identifier.doihttps://doi.org/10.1596/41863
okr.identifier.externaldocumentum34361495
okr.identifier.internaldocumentum34361495
okr.identifier.report192437
okr.import.id4777
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099614207082490746/pdf/IDU1a2f007571e8381442f1a05512af22cc4067f.pdfen
okr.region.geographicalEast Asia
okr.region.geographicalOceania
okr.topicFinance and Financial Sector Development::Finance and Development
okr.unitEFI-EAP-FCI-Finance-1 (EEAF1)
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