EMEA > 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 / / EMEA (Africa), Nature & Biodiversity, Net Zero Transition (Industrial Decarbonisation)

Nature & Biodiversity Pulse

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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