Financial watchdogs now have a remit to consider nature, but how they interpret this new remit remains to be seen. Last week, Parliament concluded a year-long scrutiny of the Financial Services and Markets Bill, a landmark piece of legislation which re-orientates how the financial sector will be regulated after the UK left the European Union. For a financial bill, there was an unprecedented focus on the environment, and the government tabled an important amendment that will, for the first time, put protecting nature within the remit of financial regulators. Financial regulators wi...
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