Africa > African bank stress test shows high exposure to nature-related risks

African bank stress test shows high exposure to nature-related risks

Published 13:37 on July 17, 2024  /  Last updated at 13:37 on July 17, 2024  / /  Africa, Biodiversity, EMEA

African banks could face a 21% increase in credit losses by 2050 unless companies in highly-exposed sectors, including agriculture and mining, urgently address their risks and dependencies on nature and shift to more sustainable practices, a report has said.
African banks could face a 21% increase in credit losses by 2050 unless companies in highly-exposed sectors, including agriculture and mining, urgently address their risks and dependencies on nature and shift to more sustainable practices, a report has said.


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