Taskforce On Nature Related Financial Disclosures (Tnfd)

The Taskforce on Nature-related Financial Disclosures (TNFD) has developed a set of disclosure recommendations and guidance that encourage and enable business and finance to assess, report and act on their nature-related dependencies, impacts, risks and opportunities. The recommendations and guidance will enable businesses and finance to integrate nature into decision making. Our aim is to support a shift in global financial flows away from nature-negative outcomes and toward nature-positive outcomes, aligned with the Global Biodiversity Framework. Launched in 2021, TNFD released the first beta versions its framework for consultation and feedback between March 2022 and March 2024. Over the two-year design and development phase leading to the publication of the TNFD recommendations in September 2023, it received feedback from over 60 countries. Over 200 pilot tests of a prototype framework were conducted by business and financial institutions around the world across sectors, geographies and biomes. TNFD published its final recommendation in September 2023.