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Hosted by the Sustainable Banking and Finance Network (SBFN) Data & Disclosure Working Group, IFC, and the TNFD.

Ecosystems and biodiversity are the next frontiers of sustainable finance in emerging markets.

This webinar explores:

• Fundamental concepts and definitions for understanding nature in terms of business risks and opportunities;
• Highlights of the TNFD’s draft disclosure recommendations; and
• How companies and financial institutions can integrate nature into decision-making.

Nature is essential to the financial stability and economic resilience of all markets, and perhaps more so for emerging markets.

Ecosystems support agriculture and provide food security and livelihoods to the most vulnerable groups. Nature is the foundation for key commodities and industries, such as forestry and tourism. And nature, through carbon sinks and buffers against natural disasters, is on the frontline of helping humans mitigate and adapt to climate change.

TheTaskforce on Nature-related Financial Disclosures (TNFD) was established in 2021 to support a shift in global financial flows away from nature-negative outcomes and towards nature-positive outcomes.

The TNFD published a second consultation version of its beta disclosure and risk management framework in June 2022 and is working towards a final version in early 2023. The framework will help companies manage, assess, and report on their nature-related dependencies, impacts, risks, and opportunities, and will empower the financial sector and companies to engage more effectively on this important topic.

SBFN’s Data and Disclosure Working Group is mapping country-level developments in sustainable finance data and disclosure across the SBFN community. It is also tracking key international disclosure initiatives to support SBFN members.