With over half of the world’s total GDP (circa $58 trillion of economic value) being moderately or highly dependent on nature, the degradation of our natural capital represents an escalating threat to our ecosystems, and to the financial stability of nations and organizations. Since the launch of the Taskforce on Nature-related Financial Disclosures (TNFD), financial institutions have been increasingly recognizing the benefits of assessing and mitigating nature-related capital risks. Yet, the gender component in nature-risk management is often overlooked. In this article, you will discover a four-pillar structure mirroring the TNFD to incorporate gender-responsive strategies in nature-risk management.
Nature-related risks do not affect all groups equally, and gender – in this context referring to the social aspects of being a woman, men or other gender identity – plays a significant role in how populations and communities and in turn financial institutions are affected by, and can respond to, nature-related risk. Contaminated water sources, polluted air, and the spread of diseases due to ecological imbalances can pose significant health risks with specific gendered…
