Another example is that at the height of the global financial crisis, Canadian banks faced elevated funding costs even though large Canadian banks were relatively healthy. This can be seen as an external trigger that interacted with vulnerabilities in our banking system.
As a backdrop, it is helpful to keep in mind that preserving biodiversity is a goal that can be much more challenging than combating climate change. There are several reasons, but let me highlight a few: First, biodiversity is a multidimensional phenomenon that encompasses biological resources, ecosystems, and habitats, which are difficult to classify, measure, and compare.