After two years of design and development through an open innovation process, the Taskforce on Nature-related Financial Disclosures (TNFD) has published its final Recommendations for nature-related risk management and disclosure at UNGA week in New York. An accompanying suite of additional guidance has also been released to help market participants get started with integrated assessment and corporate reporting related to nature. Center for Global Commons at the University of Tokyo (CGC) is one of the knowledge partners of TNFD.
The Recommendations aim to inform better decision making by companies and capital providers, and ultimately contribute to a shift in global financial flows toward nature-positive outcomes and the goals of the Kunming-Montreal Global Biodiversity Framework.
Related links (External links)
Recommendations of the Task Force on Nature-Related Financial Disclosures (Full report）
TNFD official website
Press release （issued by TNFD ）