Pakistan, March 22 -- The global financial sector is undergoing a seismic transformation as the risks associated with climate change and environmental degradation become increasingly evident. Natural capital-the world's stock of natural resources, including air, water, soil, and biodiversity-is no longer a secondary concern but a fundamental economic pillar. Countries that fail to recognize the economic value of nature risk long-term financial instability, sectoral collapse, and diminished global competitiveness. Financial institutions worldwide are integrating natural capital considerations into their risk assessments and investment strategies, reflecting a broader shift toward environmental accountability. Norway's Government Pension Fu...
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