References
- Adams, C. A., Alhamood, A., He, X., Tian, J., Wang, L., & Wang, Y. (2021). The double-materiality concept: Application and issues [online]. Global Reporting Initiative. https://researchbank.swinburne.edu.au/items/23c31bbe-27c4-43e9-9422-d6b5f2dfcde9/1/
- Alogoskoufis, S., Dunz, N., Emambakhsh, T., Hennig, T., Kaijser, M., Kouratzoglou, C., Muñoz, M. A., Parisi, L., & Salleo, C. (2021). ECB economy-wide climate stress test: Methodology and results [online]. European Central Bank. https://www.ecb.europa.eu/pub/pdf/scpops/ecb.op281~05a7735b1c.en.pdf
- Ameli, N., Drummond, P., Bisaro, A., Grubb, M., & Chenet, H. (2020). Climate finance and disclosure for institutional investors: Why transparency is not enough. Climatic Change, (160), 565–589.
- Assunção, J., Gandour, C., Rocha, R., & Rocha, R. (2020). The effect of rural credit on deforestation: Evidence from the Brazilian Amazon. The Economic Journal, 130(626), 290–330. https://doi.org/10.1093/ej/uez060
- Baer, M., Campiglio, E., & Deyris, J. (2021). It takes two to dance: Institutional dynamics and climate-related financial policies [online]. Grantham Research Institute on Climate Change and the Environment. https://www.lse.ac.uk/granthaminstitute/wp-content/uploads/2021/04/working-paper-356-Baer-et-al.pdf
- Bailey, A. (2020). The time to push ahead on tackling climate change. https://www.bankofengland.co.uk/speech/2020/andrew-bailey-speech-corporation-of-london-green-horizon-summit
- Balint, T., Lamperti, F., Mandel, A., Napoletano, M., Roventini, A., & Sapio, A. (2017). Complexity and the economics of climate change: A survey and a look forward. Ecological Economics, 138, 252–265. https://doi.org/10.1016/j.ecolecon.2017.03.032
- Bank of England. (2017). The bank of England’s response to climate change [online]. https://www.bankofengland.co.uk/-/media/boe/files/quarterly-bulletin/2017/the-banks-response-to-climate-change.pdf?la=en&hash=7DF676C781E5FAEE994C2A210A6B9EEE44879387
- Bank of England. (2021a). Key elements of the 2021 biennial exploratory scenario: Financial risks from climate change [online]. London: Bank of England. https://www.bankofengland.co.uk/stress-testing/2021/key-elements-2021-biennial-exploratory-scenario-financial-risks-climate-change
- Bank of England. (2021b). Options for greening the bank of England’s corporate bond purchase scheme [online]. https://www.bankofengland.co.uk/-/media/boe/files/paper/2021/options-for-greening-the-bank-of-englands-corporate-bond-purchase-scheme-discussion-paper.pdf?la=en&hash=9BEA669AD3EC4B12D000B30078E4BE8ABD2CC5C1
- Barkawi, A., & Zadek, S. (2021). Governing finance for sustainable prosperity [online]. Council on Economic Policies. https://www.cepweb.org/wp-content/uploads/2021/04/Barkawi-and-Zadek-2021.-Governing-Finance-for-Sustainable-Prosperity.pdf
- Barnosky, A. D., Matzke, N., Tomiya, S., Wogan, G. O. U., Swartz, B., Quental, T. B., Marshall, C., McGuire, J. L., Lindsey, E. L., Maguire, K. C., Mersey, B., & Ferrer, E. A. (2011). Has the earth’s sixth mass extinction already arrived? Nature, 471(7336), 51–57. https://doi.org/10.1038/nature09678
- Bassen, A., Busch, T., Lopatta, K., Evans, E., & Opoku, O. (2019). Nature risks equal financial risks: A systematic literature review [online]. University of Hamburg. https://d2ouvy59p0dg6k.cloudfront.net/downloads/nature_risks_equal_financial_risks_rg_sustainable_finance_hamburg_2019_final.pdf
- Battiston, S., Mandel, A., Monasterolo, I., Schütze, F., & Visentin, G. (2017). A climate stress-test of the financial system. Nature Climate Change, 7(4), 283. https://doi.org/10.1038/nclimate3255
- BEIS. (2019). Green finance strategy: Transforming finance for a greener future [online]. HM Government. https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/813656/190701_BEIS_Green_Finance_Strategy_Accessible_PDF_FINAL.pdf
- Boissinot, J., Goulard, S., Le Calvar, E., Salin, M., Svartzman, R., & Weber, P.-F. (2022). Aligning financial and monetary policies with the concept of double materiality: Rationales, proposals and challenges [online]. LSE Grantham Research Institute on Climate Change and the Environment. [Accessed 30 June 2022]. https://inspiregreenfinance.org
- Bolton, P., Després, M., Pereira da Silva, L., Samama, F., & Svartzman, R. (2020). The green swan: Central banking and financial stability in the age of climate change [online]. Bank for International Settlements. https://www.bis.org/publ/othp31.pdf
- Brainard, L. (2021). The role of financial institutions in tackling the challenges of climate change. New York: Federal Reserve Board. https://www.federalreserve.gov/newsevents/speech/brainard20210218a.htm
- Cahen-Fourot, L., Campiglio, E., Dawkins, E., Godin, A., & Kemp-Benedict, E. (2019). Capital stranding cascades: The impact of decarbonisation on productive asset utilisation [online]. WU Vienna University of Economics and Business. https://ideas.repec.org/p/wiw/wus045/6854.html
- Caldecott, B., Howarth, N., & McSharry, P. (2013). Stranded assets in agriculture: Protecting value from environment-related risks [online]. Oxford Smith School of Enterprise and the Environment. https://www.smithschool.ox.ac.uk/publications/reports/stranded-assets-agriculture-report-final.pdf
- Calice, P., Diaz Kalan, F., & Miguel, F. (2021). Nature-Related financial risks in Brazil [online]. World Bank. https://documents1.worldbank.org/curated/en/105041629893776228/pdf/Nature-Related-Financial-Risks-in-Brazil.pdf
- Campiglio, E. (2016). Beyond carbon pricing: The role of banking and monetary policy in financing the transition to a low-carbon economy. Ecological Economics, 121, 220–230. https://doi.org/10.1016/j.ecolecon.2015.03.020
- Cavallino, P., & De Fiore, F. (2020). Central banks’ response to COVID-19 in advanced economies [online]. Bank for International Settlements. https://www.bis.org/publ/bisbull21.pdf
- CBD. (2021). First draft of the new post-2020 global biodiversity framework [online]. Convention on Biological Diversity. https://www.cbd.int/article/draft-1-global-biodiversity-framework
- CDP, CDSB, GRI, IIRC and SASB. (2020). Reporting on enterprise value: Illustrated with a prototype climate-related financial disclosure standard [online]. Impact Management Project. https://29kjwb3armds2g3gi4lq2sx1-wpengine.netdna-ssl.com/wp-content/uploads/Reporting-on-enterprise-value_climate-prototype_Dec20.pdf
- Chenet, H. (2019). Planetary health and the global financial system. Rockefeller Foundation Economic Council on Planetary Health.
- Chenet, H., Kedward, K., Ryan-Collins, J., & van Lerven, F. (2022). Developing a precautionary approach to financial policy – from climate to biodiversity [online]. LSE Grantham Research Institute on Climate Change and the Environment. [Accessed 22 June 2022]. https://www.lse.ac.uk/granthaminstitute/publication/developing-a-precautionary-approach-to-financial-policy-from-climate-to-biodiversity/
- Chenet, H., Ryan-Collins, J., & Lerven, F. v. (2021). Finance, climate-change and radical uncertainty: Towards a precautionary approach to financial policy. Ecological Economics, 183, 106957. https://doi.org/10.1016/j.ecolecon.2021.106957
- Christophers, B. (2017). Climate change and financial instability: Risk disclosure and the problematics of neoliberal governance. Annals of the American Association of Geographers, 107(5), 1108–1127. https://doi.org/10.1080/24694452.2017.1293502
- Christophers, B. (2019). Environmental beta or How institutional investors think about climate change and fossil fuel risk. Annals of the American Association of Geographers, 109(3), 754–774. https://doi.org/10.1080/24694452.2018.1489213
- Crona, B., Folke, C., & Galaz, V. (2021). The anthropocene reality of financial risk. One Earth, 4(5), 618–628. https://doi.org/10.1016/j.oneear.2021.04.016
- Dafermos, Y., Gabor, D., Nikolaidi, M., & van Lerven, F. (2021). Greening the UK financial system – a fit for purpose approach [online]. SUERF The European Money and Finance Forum. Available from: https://www.suerf.org/docx/f_55c6017b10a9755ef3681b09ccb01e94_21233_suerf.pdf
- Dafermos, Y., Nikolaidi, M., & Galanis, G. (2018). Climate change, financial stability and monetary policy. Ecological Economics, 152, 219–234. https://doi.org/10.1016/j.ecolecon.2018.05.011
- Dasgupta, P. (2021). The economics of biodiversity: The dasgupta review [online]. London: HM Treasury https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/962785/The_Economics_of_Biodiversity_The_Dasgupta_Review_Full_Report.pdf
- Deutz, A., Heal, G., Niu, R., & Swanson, E. (2020). Financing nature: Closing the global biodiversity financing gap [online]. The Paulson Institute, The Nature Conservancy, and the Cornell Atkinson Center for Sustainability. https://www.paulsoninstitute.org/wp-content/uploads/2020/10/FINANCING-NATURE_Full-Report_Final-with-endorsements_101420.pdf
- Dikau, S., & Ryan-Collins, J. (2017). Green central banking in emerging market and developing country economies [online]. New Economics Foundation. https://eprints.soas.ac.uk/24876/1/Green-Central-Banking.pdf
- Dikau, S., & Volz, U. (2021). Central bank mandates, sustainability objectives and the promotion of green finance. Ecological Economics, 184, 107022. https://doi.org/10.1016/j.ecolecon.2021.107022
- Dixon, C. (2020). Aligning development finance with nature’s needs: Protecting nature’s development dividend [online]. Finance for Biodiversity Initiative. https://a1be08a4-d8fb-4c22-9e4a-2b2f4cb7e41d.filesusr.com/ugd/643e85_332117f2a1494bbe90a42835c99963b8.pdf
- D’Orazio, P. (2021). Towards a post-pandemic policy framework to manage climate-related financial risks and resilience. Climate Policy, 21(10), 1368–1382. https://doi.org/10.1080/14693062.2021.1975623
- D’Orazio, P., & Popoyan, L. (2019). Fostering green investments and tackling climate-related financial risks: Which role for macroprudential policies? Ecological Economics, 160, 25–37. https://doi.org/10.1016/j.ecolecon.2019.01.029
- ECB. (2020). Guide on climate-related and environmental risks - supervisory expectations relating to risk management and disclosure [online]. Frankfurt am Main. Available from: https://www.bankingsupervision.europa.eu/ecb/pub/pdf/ssm.202011finalguideonclimate-relatedandenvironmentalrisks~58213f6564.en.pdf
- ECB. (2021). ECB presents action plan to include climate change considerations in its monetary policy strategy. Press Release. [online]. https://www.ecb.europa.eu/press/pr/date/2021/html/ecb.pr210708_1~f104919225.en.html
- Elderson, F. (2021). Patchy data is a good start: From kuznets and clark to supervisors and climate (policy brief No. 152). SUERF: The European Money and Finance Forum. https://www.suerf.org/suer-policy-brief/30261/patchy-data-is-a-good-start-from-kuznets-zu
- European Commission. (2018). Action plan: Financing sustainable growth [online]. https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:52018DC0097&from=EN
- European Commission. (2019). Guidelines on reporting climate-related information [online]. Brussels. https://ec.europa.eu/finance/docs/policy/190618-climate-related-information-reporting-guidelines_en.pdf
- European Commission. (2020). EU biodiversity strategy for 2030 bringing nature back into our lives [online]. https://eur-lex.europa.eu/legal-content/EN/TXT/?qid=1590574123338&uri=CELEX:52020DC0380
- European Commission. (2021a). Proposal for a regulation on deforestation-free products [online]. Brussels: European Commission. https://ec.europa.eu/environment/publications/proposal-regulation-deforestation-free-products_en
- European Commission. (2021b). Draft report by the platform on sustainable finance on preliminary recommendations for technical screening criteria for the EU taxonomy [online]. Brussels: European Commission. https://ec.europa.eu/info/publications/210803-sustainable-finance-platform-technical-screening-criteria-taxonomy-report_en
- European Commission. (2022). Platform on Sustainable Finance's report on environmental transition taxonomy [Online]. Brussels: European Commission.
- Farmer, J. D., Hepburn, C., Ives, M. C., Hale, T., Wetzer, T., Mealy, P., Rafaty, R., Srivastav, S., & Way, R. (2019). Sensitive intervention points in the post-carbon transition. Science, 364(6436), 132. https://doi.org/10.1126/science.aaw7287
- Finance for Biodiversity. (2021). Finance and biodiversity: Overview of initiatives for financial institutions [online]. https://www.financeforbiodiversity.org/wp-content/uploads/Finance_and_Biodiversity_Overview_of_Initiatives_April2021.pdf
- G7 Leaders. (2021). G7 2030 nature compact [online]. Group of Seven. https://www.consilium.europa.eu/media/50363/g7-2030-nature-compact-pdf-120kb-4-pages-1.pdf
- Galaz, V., Crona, B., Dauriach, A., Scholtens, B., & Steffen, W. (2018). Finance and the earth system – exploring the links between financial actors and non-linear changes in the climate system. Global Environmental Change, 53, 296–302. https://doi.org/10.1016/j.gloenvcha.2018.09.008
- Galaz, V., Gars, J., Moberg, F., Nykvist, B., & Repinski, C. (2015). Why ecologists should care about financial markets. Trends in Ecology & Evolution, 30(10), 571–580. https://doi.org/10.1016/j.tree.2015.06.015
- Garibaldi, L. A., Aizen, M. A., Klein, A. M., Cunningham, S. A., & Harder, L. D. (2011). Global growth and stability of agricultural yield decrease with pollinator dependence. Proceedings of the National Academy of Sciences, 108(14), 5909. https://doi.org/10.1073/pnas.1012431108
- Ghersi, F., Hourcade, J.-C., Lefèvre, J., Tankov, P., & Voisin, S. (2021). Integrated economy-climate models and their uses for decision-making [online]. Institut Louis Bachelier. https://www.institutlouisbachelier.org/wp-content/uploads/2021/09/ilb-opinions-debats-n23.pdf
- Giles, C., & Binham, C. (2021). Problems mount for Bank of England governor after weathering Covid storm. Financial Times. 15th March 2021.
- Global Canopy. (2022). Cutting deforestation from Our pensions [online]. https://globalcanopy.org/press/300-billion-of-uk-pension-money-invested-in-companies-linked-to-deforestation
- Hansen, L. P. (2022). Central banking challenges posed by uncertain climate change and natural disasters. Journal of Monetary Economics, 125, 1–15. https://doi.org/10.1016/j.jmoneco.2021.09.010
- Herweijer, C., Evison, W., Mariam, S., Khatri, A., Albani, M., Semov, A., & Long, E. (2020). Nature risk rising: Why the crisis engulfing nature matters for business and the economy [online]. World Economic Forum and PwC. http://www3.weforum.org/docs/WEF_New_Nature_Economy_Report_2020.pdf
- Hof, C., Voskamp, A., Biber, M. F., Böhning-Gaese, K., Engelhardt, E. K., Niamir, A., Willis, S. G., & Hickler, T. (2018). Bioenergy cropland expansion may offset positive effects of climate change mitigation for global vertebrate diversity. Proceedings of the National Academy of Sciences, 115(52), 13294-13299. https://doi.org/10.1073/pnas.1807745115
- Hook, L., & Vincent, M. (2020). Green business reporting rules at risk of pale response. Financial Times [online]. https://www.ft.com/content/ad01f2c9-9eb0-4db6-9898-220c688d16c2
- Immerzeel, D. J., Verweij, P. A., van der Hilst, F., & Faaij, A. P. C. (2014). Biodiversity impacts of bioenergy crop production: A state-of-the-art review. GCB Bioenergy, 6(3), 183–209. https://doi.org/10.1111/gcbb.12067
- IPBES. (2016). Summary for policymakers of the assessment report of the intergovernmental science-policy platform on biodiversity and ecosystem services on pollinators, pollination and food production [online]. Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES). https://doi.org/10.5281/zenodo.2616458
- IPBES. (2019). The global assessment report on biodiversity and ecosystem services: Summary for policymakers [online]. Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES). https://ipbes.net/sites/default/files/2020-02/ipbes_global_assessment_report_summary_for_policymakers_en.pdf
- IPBES and IPCC. (2021). IPBES-IPCC co-sponsored workshop report on biodiversity and climate change [online]. Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) and Intergovernmental Panel on Climate Change (IPCC). https://ipbes.net/sites/default/files/2021-06/20210609_workshop_report_embargo_3pm_CEST_10_june_0.pdf
- Jourdan, S., & Kalinowski, W. (2019). Aligning monetary policy with the EU’s climate targets [online]. https://www.veblen-institute.org/IMG/pdf/aligning_monetary_policy_with_eu_s_climate_targets.pdf
- Kedward, K., Buller, A., & Ryan-Collins, J. (2021b). Quantitative easing and nature loss [online]. London: UCL Institute for Innovation and Public Purpose (IIPP). https://www.ucl.ac.uk/bartlett/public-purpose/publications/2021/jul/quantitative-easing-and-nature-loss
- Kedward, K., Gabor, D., & Ryan-Collins, J. (2022). Aligning finance with the green transition: From a risk-based- to allocative green credit policy regime. UCL Institute for Innovation and Public Purpose (IIPP), Working Paper No. 2022(11). https://www.ucl.ac.uk/bartlett/public-purpose/publications/2022/jul/aligning-finance-green-transition
- Kedward, K., Ryan-Collins, J., & Chenet, H. (2021a). Understanding the financial risks of nature loss: Exploring policy options for financial authorities. SUERF: The European Money and Finance Forum.
- Keys, P. W., Galaz, V., Dyer, M., Matthews, N., Folke, C., Nyström, M., & Cornell, S. E. (2019). Anthropocene risk. Nature Sustainability, 2(8), 667–673. https://doi.org/10.1038/s41893-019-0327-x
- Lade, S. J., Steffen, W., de Vries, W., Carpenter, S. R., Donges, J. F., Gerten, D., Hoff, H., Newbold, T., Richardson, K., & Rockström, J. (2020). Human impacts on planetary boundaries amplified by earth system interactions. Nature Sustainability, 3(2), 119–128. https://doi.org/10.1038/s41893-019-0454-4
- Lenton, T. M. (2013). Environmental tipping points. Annual Review of Environment and Resources, 38(1), 1–29. https://doi.org/10.1146/annurev-environ-102511-084654
- Lenzen, M., Sun, Y.-Y., Faturay, F., Ting, Y.-P., Geschke, A., & Malik, A. (2018). The carbon footprint of global tourism. Nature Climate Change, 8(6), 522–528. https://doi.org/10.1038/s41558-018-0141-x
- Likhtman, S., Isciel, E., O’Malley, T., & Reesink, M. (2022). Aligning financial flows with biodiversity goals and targets [online]. Finance for Biodiversity Initiative. https://www.financeforbiodiversity.org/wp-content/uploads/Finance-for-Biodiversity-Foundation-Paper_Financial_Flows_16Feb2022.pdf
- Liu, J., Hull, V., Luo, J., Yang, W., & Wei, L. (2015). Multiple telecouplings and their complex interrelationships. Ecology and Society, 2(3), 44. https://doi.org/10.5751/ES-07868-200344
- Lovejoy, T., & Nobre, C. (2019). Amazon tipping point: Last chance for action. Science Advances, 5(12), eaba2949–eaba2949. https://doi.org/10.1126/sciadv.aba2949
- Mace, G. M., Barrett, M., Burgess, N. D., Cornell, S. E., Freeman, R., Grooten, M., & Purvis, A. (2018). Aiming higher to bend the curve of biodiversity loss. Nature Sustainability, 1(9), 448–451. https://doi.org/10.1038/s41893-018-0130-0
- Mace, G. M., Reyers, B., Alkemade, R., Biggs, R., Chapin, F. S., Cornell, S. E., Díaz, S., Jennings, S., Leadley, P., Mumby, P. J., Purvis, A., Scholes, R. J., Seddon, A. W. R., Solan, M., Steffen, W., & Woodward, G. (2014). Approaches to defining a planetary boundary for biodiversity. Global Environmental Change, 28, 289–297. https://doi.org/10.1016/j.gloenvcha.2014.07.009
- Mazzucato, M. (2021). Mission economy: A moonshot guide to changing capitalism. Penguin UK.
- NGFS. (2019a). A call for action: Climate change as a source of financial risk [online]. Network for Greening the Financial System. https://www.banque-france.fr/sites/default/files/media/2019/04/17/ngfs_first_comprehensive_report_-_17042019_0.pdf
- NGFS. (2019b). A call for action: Climate change as a source of financial risk [online]. Network for Greening the Financial System. https://www.banque-france.fr/sites/default/files/media/2019/04/17/ngfs_first_comprehensive_report_-_17042019_0.pdf
- NGFS. (2020a). Guide for supervisors: Integrating climate-related and environmental risks into prudential supervision [online]. Network for Greening the Financial System. https://www.ngfs.net/sites/default/files/medias/documents/ngfs_guide_for_supervisors.pdf
- NGFS. (2020b). Guide to climate scenario analysis for central banks and supervisors [online]. Network for Greening the Financial System. https://www.ngfs.net/sites/default/files/medias/documents/ngfs_guide_scenario_analysis_final.pdf
- NGFS. (2020c). Overview of environmental risk analysis by financial institutions [online]. Network for Greening the Financial System. https://www.ngfs.net/sites/default/files/medias/documents/overview_of_environmental_risk_analysis_by_financial_institutions.pdf
- NGFS. (2021a). Adapting central bank operations to a hotter world: Reviewing some options [online]. Network for Greening the Financial System. https://www.ngfs.net/sites/default/files/media/2021/06/17/ngfs_monetary_policy_operations_final.pdf
- NGFS and INSPIRE. (2021). Biodiversity and financial stability: Building the case for action. Study group interim report [online]. Network for Greening the Financial System. https://www.ngfs.net/sites/default/files/medias/documents/biodiversity_and_financial_stablity_building_the_case_for_action.pdf
- NGFS and INSPIRE. (2022). Central banking and supervision in the biosphere: An agenda for action on biodiversity loss, financial risk and system stability. Final Report of the NGFS-INSPIRE Study Group on Biodiversity and Financial Stability.
- OECD. (2019). Biodiversity: Finance and the economic and business case for action [online]. OECD. https://www.oecd.org/env/resources/biodiversity/biodiversity-finance-and-the-economic-and-business-case-for-action.htm
- Philipponnat, T. (2020). Breaking the climate-finance doom loop [online]. Finance Watch. https://www.finance-watch.org/wp-content/uploads/2020/06/Breaking-the-climate-finance-doom-loop_Finance-Watch-report.pdf
- Pinzón, A., & Robins, N. (2020). The sovereign transition to sustainability. Understanding the dependence of sovereign debt on nature [online]. LSE Grantham Research Institute on Climate Change and the Environment. http://www.lse.ac.uk/GranthamInstitute/wp-content/uploads/2020/02/The-sovereign-transition-to-sustainability_Understanding-the-dependence-of-sovereign-debt-on-nature.pdf
- Ranger, N., Mahul, O., & Monasterolo, I. (2021). Managing the financial risks of climate change and pandemics: What we know (and don’t know). One Earth (Cambridge, Mass.), 4(10), 1375–1385. https://doi.org/10.1016/j.oneear.2021.09.017
- Rauhala, Emily. (2022). EU labels natural gas and nuclear energy 'green', prompting charges of 'greenwashing'. Washington Post, (2nd February 2022). https://www.washingtonpost.com/world/2022/02/02/green-energy-gas-nuclear-taxonomy/
- Robins, N., Dikau, S., & Volz, U. (2021). Net-zero central banking: A new phase in greening the financial system [online]. Grantham Research Institute on Climate Change and the Environment, London School of Economics. Available from: Grantham Research Institute on Climate Change and the Environment, London School of Economics.
- Rockström, J., Steffen, W., Noone, K., Persson, Å, Chapin, F. S. I., Lambin, E., Lenton, T. M., Scheffer, M., Folke, C., Schellnhuber, H. J., Nykvist, B., de Wit, C. A., Hughes, T., van der Leeuw, S., Rodhe, H., Sörlin, S., Snyder, P. K., Costanza, R., Svedin, U., … Foley, J. (2009). Planetary boundaries: Exploring the safe operating space for humanity. Ecology and Society, 14(2). https://doi.org/10.5751/ES-03180-140232
- Rudgley, G., & Seega, N. (2021). Handbook for nature-related financial risks: Key concepts and a framework for identification [online]. Cambridge Institute for Sustainability Leadership and Banking Environment Initiative. https://www.cisl.cam.ac.uk/resources/sustainable-finance-publications/handbook-nature-related-financial-risks
- Ryan-Collins, J. (2019). Beyond voluntary disclosure: Why a ‘market-shaping’ approach to financial regulation is needed to meet the challenge of climate change [online]. SUERF: The European Money and Finance Forum. https://www.suerf.org/docx/f_a821a161aa4214f5ff5b8ca372960ebb_4805_suerf.pdf
- Sartori, M., Philippidis, G., Ferrari, E., Borrelli, P., Lugato, E., Montanarella, L., & Panagos, P. (2019). A linkage between the biophysical and the economic: Assessing the global market impacts of soil erosion. Land Use Policy, 86, 299–312. https://doi.org/10.1016/j.landusepol.2019.05.014
- Schellnhuber, H. J., Rahmstorf, S., & Winkelmann, R. (2016). Why the right climate target was agreed in Paris. Nature Climate Change, 6(7), 649–653. https://doi.org/10.1038/nclimate3013
- Schnabel, I. (2020). When markets fail – the need for collective action in tackling climate change. https://www.ecb.europa.eu/press/key/date/2020/html/ecb.sp200928_1~268b0b672f.en.html
- Scholtens, B. (2017). Why finance should care about ecology. Trends in Ecology & Evolution, 32(7), 500–505. https://doi.org/10.1016/j.tree.2017.03.013
- Schreiber, P., Pinson, L., & Can Ileri, E. (2020). In the shadows: Who is opposing the EU taxonomy for polluting activities [online]. Reclaim Finance. https://reclaimfinance.org/site/wp-content/uploads/2020/12/Report-In-the-shadows-Who-is-opposing-a-taxonomy-for-polluting-activities-Reclaim-Finance.pdf
- Schumpeter, J. A. (1934). The theory of economic development: An inquiry into profits, capital, credits, interest and the business cycle. Transaction Publishers.
- Sharpe, S., & Lenton, T. M. (2021). Upward-scaling tipping cascades to meet climate goals: Plausible grounds for hope. Climate Policy, 21(4), 421–433. https://doi.org/10.1080/14693062.2020.1870097
- SIF. (2021). Nature-related risks in the global insurance sector [online]. Sustainable Insurance Forum. https://www.sustainableinsuranceforum.org/view_pdf.php?pdf_file=wp-content/uploads/2021/11/UN_Nature-Related-Risks-in-the-Global-Insurance-Sector_v9.pdf
- Smith, P., Adams, J., Beerling, D. J., Beringer, T., Calvin, K. V., Fuss, S., Griscom, B., Hagemann, N., Kammann, C., Kraxner, F., Minx, J. C., Popp, A., Renforth, P., Vicente Vicente, J. L., & Keesstra, S. (2019). Land-Management options for greenhouse Gas removal and their impacts on ecosystem services and the sustainable development goals. Annu. Rev. Environ. Resour, 44(1), 255–286. https://doi.org/10.1146/annurev-environ-101718-033129
- Springer, K., Nagrawala, F., Kuhn, W., Livesey, B., Uhlenbruch, P., & Hierzig, S. (2020). Point of No returns part IV - biodiversity: An assessment of asset managers’ approaches to biodiversity [online]. ShareAction. https://api.shareaction.org/resources/reports/ShareAction-Biodiversity-Report-Final.pdf
- Staal, A., Fetzer, I., Wang-Erlandsson, L., Bosmans, J. H. C., Dekker, S. C., van Nes, E. H., Rockström, J., & Tuinenburg, O. A. (2020). Hysteresis of tropical forests in the 21st century. Nature Communications, 11(1), 1–8. https://doi.org/10.1038/s41467-020-18728-7
- Steffen, W., Richardson, K., Rockstrom, J., Cornell, S. E., Fetzer, I., Bennett, E. M., Biggs, R., Carpenter, S. R., de Vries, W., de Wit, C. A., Folke, C., Gerten, D., Heinke, J., Mace, G. M., Persson, L. M., Ramanathan, V., Reyers, B., & Sorlin, S. (2015). Planetary boundaries: Guiding human development on a changing planet. Science, 347(6223), 1259855–1259855. https://doi.org/10.1126/science.1259855
- Steffen, W., Rockström, J., Richardson, K., Lenton, T. M., Folke, C., Liverman, D., Summerhayes, C. P., Barnosky, A. D., Cornell, S. E., Crucifix, M., Donges, J. F., Fetzer, I., Lade, S. J., Scheffer, M., Winkelmann, R., & Schellnhuber, H. J. (2018). Trajectories of the earth system in the anthropocene. Proceedings of the National Academy of Sciences, 115(33), 8252–8259. https://doi.org/10.1073/pnas.1810141115
- Svartzman, R., Bolton, P., Despres, M., Pereira Da Silva, L. A., & Samama, F. (2021b). Central banks, financial stability and policy coordination in the age of climate uncertainty: A three-layered analytical and operational framework. Climate Policy, 21(4), 563–580. https://doi.org/10.1080/14693062.2020.1862743
- Svartzman, R., Espagne, E., Gauthey, J., Hadji-Lazaro, P., Salin, M., Allen, T., Berger, J., Calas, J., Godin, A., & Vallier, A. (2021a). A “silent spring” for the financial system? Exploring biodiversity-related financial risks in France [online]. Banque de France. https://publications.banque-france.fr/en/silent-spring-financial-system-exploring-biodiversity-related-financial-risks-france
- Tarr, N. M., Rubino, M. J., Costanza, J. K., McKerrow, A. J., Collazo, J. A., & Abt, R. C. (2017). Projected gains and losses of wildlife habitat from bioenergy-induced landscape change. GCB Bioenergy, 9(5), 909–923. https://doi.org/10.1111/gcbb.12383
- TCFD. (2017). Recommendations of the task force on climate-related financial disclosures [online]. Taskforce on Climate-related Financial Disclosures. https://www.fsb-tcfd.org/wp-content/uploads/2017/06/FINAL-2017-TCFD-Report-11052018.pdf
- The Nature Conservancy. (2019). Investing in nature: Private finance for nature-based resilience [online]. https://www.nature.org/content/dam/tnc/nature/en/documents/TNC-INVESTING-IN-NATURE_Report_01.pdf
- Thomson, E. (2020). Time for change: Delivering deforestation-free supply chains [online]. Global Canopy. https://forest500.org/sites/default/files/forest500_2021report.pdf
- TNFD. (2021). Nature in scope: A summary of the proposed scope, governance, work plan, communication and resourcing plan of the TNFD [online]. Taskforce on Nature-related Financial Disclosures. https://tnfd.info/wp-content/uploads/2021/06/TNFD-Nature-in-Scope_Final.pdf
- UNEP-WCMC. (2020). Beyond ‘business as usual’: Biodiversity targets and finance. Managing biodiversity risks across business sectors. [online]. UN Environment Programe World Conservation Monitoring Centre. https://naturalcapital.finance/wp-content/uploads/2020/06/Beyond-Business-As-Usual-Full-Report.pdf
- Unruh, G. C. (2000). Understanding carbon lock-in. Energy Policy, 28(12), 817–830. https://doi.org/10.1016/S0301-4215(00)00070-7
- van Hooidonk, R., Maynard, J., Tamelander, J., Gove, J., Ahmadia, G., Raymundo, L., Williams, G., Heron, S. F., & Planes, S. (2016). Local-scale projections of coral reef futures and implications of the Paris agreement. Scientific Reports, 6(1), 1–8. https://doi.org/10.1038/srep39666
- Van Toor, J., Piljic, D., & Schellekens, G. (2020). Indebted to nature exploring biodiversity risks for the Dutch financial sector [online]. De Nederlandsche Bank. https://www.dnb.nl/media/4c3fqawd/indebted-to-nature.pdf
- Waldron, A., Adams, V., Allen, J., Arnell, A., Asner, G., Atkinson, S., Baccini, A., Baillie, J., Balmford, A., Beau, J. A., Brander, L., Brondizio, E., Bruna, A., Burgess, N., Burkart, K., Butchart, S., Button, R., Carrasco, R., Cheung, W., … Zhang, Y. P. (2020). Protecting 30% of the planet for nature: Costs, benefits and economic implications [online]. Campaign for Nature. https://www.conservation.cam.ac.uk/files/waldron_report_30_by_30_publish.pdf
- Weidmann, J. (2021). Climate risks, financial markets and central banks’ risk management. https://www.bis.org/review/r210603a.pdf