At the December Governing Council meeting we will thoroughly assess the strength and persistence of the factors that are slowing the return of inflation towards 2%. If we conclude that the balance of risks to our medium-term price stability objective is skewed to the downside, we will act by using all the instruments available within our mandate.
Because nature-related risks are part of our mandate. Thank you for your attention. 1. University of Cambridge Institute for Sustainability Leadership (2021), Handbook for nature-related  financial risks: key concepts and a framework for identification, March. 2. De Nederlandsche Bank (2020), Indebted to nature: Exploring biodiversity risks for the Dutch financial  sector, June; De Nederlandsche Bank (2019), Values at risk?