At the Action for Nature event in Bogota, the Financial Superintendence of Colombia used remarks by its Director of Research, Innovation and Development, Francisco Duque, to underline that natural capital is a strategic asset for Colombia and that biodiversity loss and ecosystem degradation create real and material financial risks that should be identified and managed preventively through supervision. In the same presentation, he pointed to the authority’s ongoing progress in integrating sustainability considerations into its regulatory and supervisory framework. The remarks highlighted Colombia’s dependence on ecosystem services in sectors including agriculture, tourism, mining and hydropower, and identified key nature related physical and transition risks such as biodiversity loss, extreme climate events and regulatory change. Duque also referred to opportunities for the financial system through biodiversity finance, green bonds and circular and regenerative economy models, and said the supervisory approach is being aligned with international standards such as the Taskforce on Nature-related Financial Disclosures to strengthen risk management, due diligence and nature focused disclosures.