Financial institutions will need to start reporting on the Taskforce on Nature-related Financial Disclosures (TNFD) and address their supply chain traceability and advancements on corporate disclosure and engagement.
The United Nations Environment Programme Finance Initiative (UNEP FI) hosted a pilot program to assess where institutions needed more guidance and have published the following guidance to assist.
New guidance has been released by the UNEP Align Project ( aligning accounting approaches for nature) led by UNEP-WCMC, Capitals Coalition, Arcadis and ICF funded by the European Commission.
- How to measure ecosystem condition, one of the key elements that needs to be measured to understand the state of nature?
- How to implement the Align recommendations for biodiversity measurement at site level?
- Measuring and valuing biodiversity across supply chains?
#TNFD #UNEPFI #SupplyChainDisclosures #BiodiversityDisclosures #AlignProject
