From Kunming-Montreal to Cali: Is the Financial System on Track?

Actors within the financial landscape considered in the Roadmap include: ◾ Government policymakers, in particular finance ministries and treasuries, who have a mandate to propose and implement financial and economic policies and regulations that contribute to creating the “enabling environment” for the mainstreaming of biodi- versity within financial decision-making and the alignment of financial. [...] It is planned to coincide with the High-Level Segment of the COP and aims to support the achievement of resource mobilisation and alignment of finan- cial flows with the vision and mission of the Global Biodiversity Framework. [...] Financial supervisory entities and central banks, with mandates to support the implementation of financial policies and regulations, and set prudential requirements and guidelines to catalyse and encourage the consideration and management of nature-related risks, dependencies and impacts by financial organisations. [...] Government policymakers, in particular finance ministries and treasuries, who have a mandate to propose and implement financial and economic policies and regulations Financial supervisory entities and central banks, with mandates to support the implementation of financial policies and regulations, and set prudential require- ments and guidelines to catalyse and encourage the consideration and mana. [...] Beyond project financing, the WBG is leading and contributing to global and national-level policy and regulatory reforms aimed at mainstreaming nature considerations into the way economies and financial markets function, including as part of a collaboration with the NGFS, the TNFD, the Sustain- able Banking and Finance Network (SBFN), and the ISSB.