Deterioration of the bet365 bonus code louisiana will transform into financial risks
March 22, 2023 08:46 Source: "Chinese bet365 bonus code louisiana" March 22, 2023 Issue 2615 Author: Liu Yuwei/Compiler

  bet365 bonus code louisiana newspaper comprehensively reports from foreign media Recently,Megan Evans, professor of public sector management at the Business School of the University of New South Wales, Australia, and Nathaniel Pelle, professor of the Sydney Environment Institute of the University of Sydney, published an article saying,Australian financial institutions lack a mechanism to assess the industry’s negative impact on the bet365 bonus code louisiana。With the deterioration of the bet365 bonus code louisiana,This kind of negligence will not only translate into financial risks,If millions of Australians lose their pensions,It will also affect economic development and social stability。

Ecosystem bet365 bonus code louisiana are the direct or indirect benefits that ecosystems provide to humans,Includes provisioning bet365 bonus code louisiana (such as providing food and water)、Regulating bet365 bonus code louisiana (such as reducing floods and disease outbreaks)、Cultural bet365 bonus code louisiana (such as spiritual、Entertainment and cultural development) and support bet365 bonus code louisiana (such as sustaining the environment upon which life on Earth depends)。Evans said,About 50% of Australia’s GDP depends on ecosystem bet365 bonus code louisiana。Among them,The most dependent industries include agriculture、Forestry、Fisheries、Food Manufacturing、Primary industries such as construction and sewage treatment。However,Once human activities exceed the limits of nature,Ecosystem bet365 bonus code louisiana will stagnate or collapse,The income of major industries will be damaged,Depleted soil organic matter will cost wheat farmers nearly billion per year。It can be seen from this,Changes in ecosystem bet365 bonus code louisiana are directly reflected in changes in the market value of products and bet365 bonus code louisiana,Increased risk of financial investment。

Evans also pointed out,Australia’s super fund is responsible for the superannuation savings of approximately 12 million people,Holding a large number of shares in Australia’s four major banks。These banks collectively own 3 billion in agriculture、Mining、Fisheries and Forestry Risk Credit Exposure,These primary industries are directly dependent on the normal functioning of ecosystem bet365 bonus code louisiana。In the near future,The deterioration of the natural environment will damage the income of more primary industries,Classic investment strategies such as diversification hardly protect super funds from financial risks。

Evans and Pell re-select 20 of Australia’s largest superannuation funds and retail banks,Investigated how they measure、Manage and mitigate its investment portfolio and loan book。Evans discovered,Recognized by all super funds and banks,The deteriorating bet365 bonus code louisiana is a source of risk that affects investment returns,Measuring and managing natural risks is their responsibility to their customers。But only 20% of super funds and 10% of banks have assessed the extent of natural risks,50% of banks and 30% of super funds have risk assessment plans in place,40% of banks and 50% of super funds have no plan。Evans said,Financial institutions are currently too concerned about climate change,ignoring the interaction between ecosystems and climate change,If there are only intact salt marshes、Wetlands and forests can effectively absorb carbon dioxide from the atmosphere。

 2022,The Kunming-Montreal Global Biodiversity Framework sets expectations for a financial industry that can protect biodiversity。This means Australian banks、Superfunds and corporations will have to disclose their impact on the natural environment,And the extent to which industry profitability depends on ecosystem bet365 bonus code louisiana。Evans and Pell think,On the basis of forcing companies to disclose climate risks,The Australian government should require them to write natural risk reports,Increase awareness of green investments that are beneficial to restoring ecosystems。

 (Liu Yuwei/Compiled)

Editor: Chen Jing
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