Task force on nature-related financial disclosures
The Task Force on Nature-related Financial Disclosures (TNFD) develops a framework for reporting nature-related financial risks and opportunities. Its recommendations help businesses and financial institutions assess, report, and act on their dependencies, impacts, risks, and opportunities related to nature and biodiversity. Structured around four pillars, consistent with the TCFD and ISSB frameworks, the TNFD’s guidance aligns with the Kunming-Montreal Global Biodiversity Framework and accommodates different materiality approaches. The goal is to support a shift in global financial flows away from nature-negative outcomes and toward nature-positive outcomes.