Extinction Accounting and Finance in Italy: The case of Fineco Bank

This chapter explores biodiversity loss and species extinction from a financial perspective to understand better risk management practices and accounting frameworks for natural capital preservation by collecting suitable data on sustainable business and finance and investment products. Regulators are showing a clear commitment to intensive and systematic action for preventing biodiversity loss. Recently, the World Wildlife Fund Italy published an interesting document on the relationship between pandemics and the “boomerang” effects of ecosystem destruction. The International Union for Conservation of Nature remains committed to preserve the nature for a healthy planet and people. The COVID-19 virus and the economic crisis need to calibrate a global response to the Sustainable Development Goals. Environmental issues are part of business actions and policies in an increasing number of companies.