International Network for Sustainable Financial Policy Insights, Research and Exchange
Driving a global, purpose-driven research agenda for greening the financial system

Final Report from the NGFS-INSPIRE Study Group on Biodiversity and Financial Stability
Central banking and supervision in the Biosphere
Biodiversity loss and degradation of ecosystems pose a significant and under-appreciated threat to financial stability. The report argues that economic activity and financial assets depend upon the ecosystem services provided by biodiversity and the environment and sets an agenda for central bank and supervisory action on nature-related financial risks.
ExploreINSPIRE's Activities
Through commissions, funding, and partnerships, INSPIRE’s work aims to catalyse sustainable finance by developing climate- and environment-related financial risk management in order to mobilise the finance needed to support the transition to a sustainable economy.
3 programmatic workstreams
Certain aspects of climate change and environmental degradation that require urgent action by financial institutions are especially complex and require a coordinated, inter-disciplinary, and multi-stakeholder approach.
INSPIRE’s research programmes convene researchers and central bank partners from across the globe to collaboratively tackle specific priorities.
32 commissioned projects
Through open calls for proposals, INSPIRE commissions research to advance understanding of the appropriate tools, methodologies, and empirical and theoretical evidence required to enhance ambition to advance the sustainable financial policy agenda.
INSPIRE’s portfolio is organised into six thematic areas that have been purposefully designed to complement the NGFS’s 4 workstreams and 2 taskforces.
Recent publications
What is INSPIRE?
INSPIRE is an independent and global, philanthropy-supported research network that provides gold-standard research and insights on financial oversight of climate- and environment-related risks.
The network is a designated research stakeholder of the Central Banks and Supervisors Network for Greening the Financial System (NGFS).