TNFD Launches Collaborative Initiatives to Refine Reporting Framework

The Task Force on Nature-related Financial Disclosure (TNFD) has launched three new engagement initiatives to facilitate feedback on its beta framework, which was released in March. Firstly, the establishment of six TNFD consultation groups from Australia and New Zealand, India, Japan, the Netherlands, Switzerland, and the UK to discuss nature-related business and finance issues and the future adoption of the TNFD framework. Secondly, TNFD has introduced four piloting programmes for its beta framework, which will be run by Financial Sector Deepening (FSD) Africa, Global Canopy, the UN Environment Programme Finance Initiative (UNEP FI) and the World Business Council for Sustainable Development (WBCSD) over the next 12 months. Finally, the TNFD is partnering with Indigenous Peoples and Local Communities (IPLCs) to ensure the perspectives of Indigenous groups are incorporated into the framework. Final recommendations from the TNFD are due in September 2023.  

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