Bank Negara, World Bank publish study on nature-related risk


KUALA LUMPUR: Bank Negara and the World Bank have published a report that examines the relationship between the Malaysian financial sector and nature, and provides an assessment of nature-related risks through banks' financing activities.

In a joint statement, Bank Negara and the World Bank said the report, entitled "An Exploration of Nature-related Financial Risks in Malaysia", provides a launch pad for further study in the area and highlights the importance of tackling nature loss and climate change in a coherent manner.

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