The TNFD (Taskforce on Nature-related Financial Disclosures) was announced in July 2020 and formally launched in June 2021. It has been endorsed by majotr governements and international institutions (UN, G7, G20, etc)
The TNFD aims at developping and delivering a risk management and disclosure framework for organisations to report and act on evolving nature-related risks, with the ultimate aim of supporting a shift in global financial flows away from nature-negative outcomes and toward nature-positive outcomes. Its work is based on seven principles: market usability, science-based, nature-related risks, purpose-driven, integrated & adaptive, climate-nature nexus and globally inclusive.
Answering market participants needs above the sets of disclosure recommendations, the TNFD has developed an integrated assessment process for nature-related risk and opportunity management called LEAP :
The LEAP approach is a voluntary guidance intended to support internal, nature-related risk and opportunity assessments within corporates and financial institutions, and not mandatory for nature related disclosures.
Credit : This tool has been made in the context of the EquipEx+ ANR-21-ESRE-0036:
Special thanks to Maria VILLALONGA, Thibaud BARREAU and all other contributors.