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The group has added four new indicators despite having committed to a slimmed down framework.
A ratings slider showing five lit up stars
Sixty-three countries could see their credit ratings slashed by 2030 due to climate change.
The ASCOR project says the move will ensure the tool's usability and practicality for investors.
Australian Government details funding for Nature Positive Plan; report explores EM banks’ exposure to nature loss through lending portfolios.
Global Nature Positive Alignment Index also being developed as African leaders call for commitment of 1% of GDP for biodiversity restoration.
Ecological destruction can drive downgrades, debt crises and soaring borrowing costs.
The latest developments in sustainable finance: UN asks Sri Lanka to consider "debt-for-nature" swaps; Glasgow Financial Alliance for Net Zero under fire by NGOs; EU grants France €70bn for sustainable finance investments.
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