TNFD discussion paper on biodiversity footprinting approaches for financial institutions
Detalles
| This paper is a discussion paper that presents an overview of the current landscape of biodiversity footprint measurement approaches, including their limitations, and sets out six steps to help market participants select and disclose approaches appropriate to their needs. The TNFD developed this document in collaboration with the Partnership for Biodiversity Financial Accounting (PBAF). It builds on the significant work on biodiversity footprint measurement by PBAF, the Align project, the Finance for Biodiversity Foundation and others, to help companies and financial institutions make informed decisions about where to start and what approaches to use when exploring this area. Key area of focus - A definition of biodiversity footprint measurement - An overview of the current landscape of footprint measurement approaches - Summary of the limitations of existing approaches to measuring footprint - Six steps to help market participants select and disclose biodiversity footprint measurement approaches appropriate to their needs Key results - Inform the ongoing development of the TNFD measurement architecture - Assess the usefulness of biodiversity footprint measurement methodologies to assist market participants - Submit interim guidance on biodiversity footprint measurement approaches to obtain market feedback - Stimulate greater innovation by developers and data providers in nature-related methodologies, tools, and analytics. |
Recursos relacionados
Finance and Biodiversity. Overview of initiatives for financial institutions
This document outlines 19 financial sector initiatives to contribute to global biodiversity goals.
Unpriced Environmental Costs: The Top Externalities of the Global Market
The world's publicly traded companies rely on natural capital for their operations, yet they cause trillions of dollars in unaccounted…
