North American banks form climate risk group

The loss of nature due to intensive land use, climate change and pollution poses "existential" risks to the global economy and financial system, a prominent central banker has warned.

Temasek-owned GenZero has agreed with AJA Climate Solutions to invest in a Ghanaian land restoration project.

A "general mainstreaming" of nature into investment decision-making will be driven by rising awareness of biodiversity risks, data provider NatureAlpha has predicted.