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Taskforce on Nature-related Financial Disclosures

In September 2020, an international financial sector-led Informal Working #Group (IWG) was established to plan a Taskforce on Nature-related Financial Disclosures (TNFD).

This framework will serve as a mechanism to help organisations understand, disclose and manage the financial risks and opportunities associated with the deteriorating state of nature and a transition to an economy consistent with meeting future nature-related international agreements such as the UN Convention on Biological Diversity (CBD) and the ambitions set out in its forthcoming Post-2020 Global Biodiversity Framework.

Source: TNFD: Proposed technical scope.

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IEMA is the membership body for environment and sustainability professionals