The Taskforce on Nature-related Financial Disclosures (TNFD) has published eight recommendations for improving the availability of nature-related information.
TNFD recommendations:
- Promoting the adoption of principles for nature-related data across the value chain
- Providing standardised metadata information by all data collectors and aggregators of nature data
- Developing a harmonised nature data provision and usage agreements
- Launching a Nature Data Public Facility to provide global commons open access to a core set of decision-useful data about the state of nature
- Incentivise companies and financial institutions to contribute state-of-nature data they have collected into the global commons
- Establishing a data trust organisation to generate and redistribute funding for long-term strategic investment in state-of-nature data collection and quality enhancement initiatives
- Setting up an international, cross-sector initiative to develop globally applicable, science-based standards for how to measure and account for nature-related impacts and dependencies
- Encouraging the development of a standardised global digital protocol for sharing climate and nature-related impact and dependency data from one company to another
Channels:Biodiversity
Companies:TNFD
