Don't Mess with Nature
Don't Mess with Nature: Banking on Nature
Banking on Nature is a tale of two banks, in fact a tale of two governors of the Bank of England, the first and the last. The story starts with the first governor of the bank of England, a man called William Paterson and his disastrous Darien colony in Panama, the remains of which were uncovered as part of a scientific and archaeological exploration I joined as a young explorer. William Paterson didn't bank on nature, and it cost him dearly. But the last governor of the Bank of England, Mark Carney did. His global Task Force for Climate-related Financial Disclosures together with Michael Bloomberg as chairman launched in December 2015 as a fantastic Christmas present to the planet and made it vital for the finance sector to report on the climate liabilities in their portfolios. By putting climate disclosure as a requirement, voluntary for the finance sector, it forced people to start thinking about climate change seriously. Because unless we change the movement of money, we're going to continue to finance ourselves into extinction. And in this podcast, you'll hear about how a new task force, the Task Force for Nature-related Financial Disclosure began and gathered momentum and will, we believe, be another vital gift for our planet.