Enabling and Scaling up Market Adoption of Nature-related Financial Disclosures

According to the World Economic Forum, $44 trillion of global economic output, around half the global economy, is at moderate or significant exposure to nature-related risks. The Taskforce on Nature-related Financial Disclosures (TNFD) is developing a market-led, integrated global risk management and disclosure framework. This framework forms the basis for companies to report on nature impacts and dependencies, and risks and opportunities. Such disclosures provide the basis for shifting the flow of global capital to transition the global economy to nature-positive outcomes. This project will help business and financial institutions around the world report nature-related financial disclosures in their financial statements. Such information will better inform governments, financial markets, community groups and citizens as they make decisions for more sustainable prosperity.