Policy work
The Impact of the Euro Area Economy and Banks on Biodiversity
This study analyses the contribution of euro area economic activities – and the bank loans provided to enable them – to biodiversity loss by estimating biodiversity footprints

Total biodiversity footprint of NFCs in euro area countries and sectors
Living in a World of Disappearing Nature: Physical Risk and the Implications for Financial Stability
The study then develops a method to capture banks’ credit portfolio sensitivity to possible future changes in the provision of ecosystem services

Dependency of euro area NFCs on ecosystem services