What does TNFD mean?
The Taskforce on Nature-related Financial Disclosures (TNFD) is a new global initiative which aims to give financial institutions and companies a complete picture of their environmental risks.
How do I join TNFD?
Join the TNFD Forum Organisations interested in joining the Forum should express their interest in doing so by emailing the TNFD team at [email protected].
What is the TFND?
The Taskforce on Nature-related Financial Disclosures (TNFD) is a new global market-led initiative which aims to provide financial institutions and corporates with a complete picture of their environmental risks and opportunities.
What is Task Force on nature-related financial disclosures?
The goal of the TNFD is to develop and deliver a transparent and practical framework for organisations (financial institutions and corporates) to report and act on evolving nature-related risks, with the objective to ultimately support a shift in global financial flows away from nature-negative outcomes and toward …
When was TNFD established?
4 June
The Taskforce on Nature-related Financial Disclosures (TNFD) was launched on 4 June and has been given international political support through endorsement by G7 Finance Ministers.
How does a nature based solution work?
Nature-based solutions (NbS) involve working with nature to address societal challenges, providing benefits for both human well-being and biodiversity. They are actions that are underpinned biodiversity and are designed and implemented with the full engagement and consent of local communities and Indigenous Peoples.
What is SFDR sustainability?
In March 2021, the European Union’s Sustainable Finance Disclosure Regulation (SFDR) came into force. The SFDR is designed to help institutional asset owners and retail clients understand, compare, and monitor the sustainability characteristics of investment funds by standardizing sustainability disclosures.
What are TCFD recommendations?
The TCFD recommendations on climate-related financial disclosures are widely adoptable and applicable to organizations across sectors and jurisdictions. They are designed to solicit decision-useful, forward-looking information that can be included in mainstream financial filings.
What are some examples of nature-based solutions?
Examples of Nature-based Solutions
- 01 Restoring and protecting forests and wetlands in catchments.
- 02 Bringing nature into cities.
- 03 Coastal habitat restoration.
What does SFDR stand for ESG?
Sustainable Finance Disclosure Regulation
As of March 2021 the new Sustainable Finance Disclosure Regulation [SFDR] came into effect. This regulation is developed to drive sustainable investment. The SFDR will have big impact on asset managers, banks and fund brokers.
What is SFDR EU regulation?
The EU Sustainable Finance Disclosure Regulation (SFDR) is a set of EU rules which aim to make the sustainability profile of funds more comparable and better understood by end-investors. The SFDR and other regulations are also aligned with the European Green Deal, which aims to see the EU carbon neutral by 2050.