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Some larger economies slipped into recession earlier this year amid a difficult global economic outlook, with GDP growth averaging at only +2.5% and +2.3% in 2023-24, respectively.
Portfolios most exposed to equities and the agriculture and food services sectors feel the pinch of biodiversity loss. The results of our pilot study on pollination-service loss (PSL) allow for quantitative estimates of financial institutions’ portfolio exposure to biodiversity-related risk.