The TNFD (Taskforce on Nature-related Monetary Disclosures) is to biodiversity what the TCFD is to the local weather: an off-the-cuff working group on the publication of monetary info aimed toward offering a standardized framework, permitting corporations and monetary establishments to take take nature-related dangers and alternatives into consideration of their decision-making. The target is to redirect international monetary flows in favor of virtuous actions. The publication of the TNFD suggestions is predicted within the second half of 2023.
Finance for Biodiversity Pledge: this worldwide strategy, supposed to mobilize banks, asset managers, insurers and impression funds in favor of biodiversity, represents a dedication to guard and restore it via their actions. The signatories, bringing collectively 84 worldwide monetary establishments, together with a big proportion of French gamers, totaling 12,600 billion euros in belongings underneath administration on the finish of 2021, swear by 2024 to share their information, analysis and metrics, interact in discussions with corporations, assess their very own impression and report on their actions via annual reporting.
Learn additionally – How management companies include biodiversity protection in their investments
The European taxonomy, a regulation adopted on June 18, 2020 by the European Parliament, establishes a classification of financial actions that…