The Forests & Finance coalition published a blog with a summary of key issues regarding the Taskforce on Nature-related Financial Disclosures (TNFD).

On 28 March, the TNFD is set to release its fourth and final draft before a final version is released in September 2023. The taskforce is a group of 40 global corporations – including several with a concerning environmental and human rights record – that are writing recommendations for how a business should report on biodiversity. While TNFD is described as a voluntary initiative, some are already trying to promote it as the blueprint of future law.

Rights holders and civil society organizations have made repeated warnings that TNFD is undermining the real solutions to the nature crisis. Several NGOs have raised the alarm that it risks being the next frontier on corporate greenwashing on nature.  Read more about concerns and the full blog here.