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. TNFD will deliver a framework for organisations to report and act on evolving nature-related risks, building on the success of the Task Force on Climate-related Financial Disclosures (TCFD), in order to support a shift in global financial flows away from nature-negative outcomes towards nature-positive outcomes.

The building of the TNFD framework has begun and consultations are expected in 2023.

Further information on the TNFD timeline can be found here.