Nature Risk: An analysis of use and applicability in the Nordic countries

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Nature Risk: An analysis of use and applicability in the Nordic countries is written by Engelbrecht Hansen, Amalie and published by Nordic Council of Ministers. It's available with International Standard Book Number or ISBN identification 9289373733 (ISBN 10) and 9789289373739 (ISBN 13).

Available online: https://pub.norden.org/temanord2022-547/ This report generates an overview of the use of the nature risk concept, describes the scope, and assesses the applicability in the Nordic countries, and in international organisations. The concept of nature-related risks is found to be mainly in use in the financial sector. The application of the term has increased rapidly in recent years, with numerous efforts to implement the concept. Moreover, similar concepts precede, within the same scope; the earliest being biodiversity risk. It is recommended that each of the Nordic countries take active steps to implement the concept of nature risk in relevant policies, regulations and sectors. It is also recommended that the Nordic countries follow the international development on nature risk and related policy areas, such as the EU taxonomy and the TNFD framework, and ensure that national policy is aligned with the international agenda.