Open Data

Increasing access to high-quality data on nature

One of the biggest obstacles to addressing nature-related risks is a lack of data. We advocate and innovate to change this. Our work on open data aims to increase the scope, quality and accessibility of freely available data.

Taskforce on Nature-related Financial Disclosures (TNFD)

In partnership with the United Nations Development Programme (UNDP), the United Nations Environment Programme Finance Initiative (UNEP FI) and WWF, we are catalysing the creation of a taskforce that will create a new corporate reporting framework. This Taskforce on Nature-related Financial Disclosures (TNFD) will resolve the reporting, metrics, and data needs of financial institutions, enabling them to better understand their risks, dependencies and impacts on nature. This new taskforce will complement the Task Force on Climate-related Financial Disclosures, whose recommendations have now been made mandatory by the UK government. An Informal Working Group – consisting of the UK and Swiss governments and financial institutions such as AXA, BNP Paribas and DBS Bank – formed in September 2020 to set the basis for the Taskforce.

Final recommendations from the TNFD are likely to be launched in 2023.

Have queries about our work on markets impacts and dependencies? Get in touch with Nicky Chambers, Programme and Impact Director. For media queries, contact Annebeth Wijtenburg, Finance Communications Lead.

You can find updates on the TNFD at tnfd.info.

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