The Swiss State Secretariat for Economic Affairs (SECO) has made a significant commitment to support the Natural Capital Declaration (NCD), the global finance-led initiative convened by the UN Environment Programme Finance Initiative (UNEP FI) and the Global Canopy Programme (GCP). SECO has allocated CHF 4.2 million (US$ 4.3 million) to support the NCD’s environmental risk management work programme to map natural capital risks across the portfolios of financial institutions and embed them in credit risk assessments.
Read the press release.
07 March 2023Climate Change, Publications, Risk, TCFD