Taskforce on Nature-related Financial Disclosures (TNFD) Recommendations
A roadmap for upgrading market access to decision-useful nature-related data
Discussion paper on nature transition plans
Guidance for corporates on science-based targets for nature
Executive Summary of the TNFD Recommendations
September 3 @ 12:00 pm - 1:00 pm BST
The ocean-realm covers 70% of the world surface and supports an economy, the Blue Economy, worth more than US$1.5 trillion per year. This makes it the seventh largest economy in the world. There is an abundance of ocean data available for decision-making including understanding risk, undertaking mitigation action, and imperatively, addressing impacts on nature and the opportunity to address them.
The Blue Economy, referring to all ocean-related activities, is forecasted to double by 2030 to US$3 trillion, making access to findable, accessible, interoperable, and reusable ocean data critical. Under increasing pressure, the ocean-realm is undergoing a series of irrefutable transformations under the combined influence of rising populations, increasing incomes, scarcer natural resources, a changing climate and rapidly evolving technologies. There is however an opportunity to understand and address the threat of economic activity to the ocean-realm, to transform established economic sectors and usher in new sectors to pave the way for sustainable use of the oceans.
TNFD has recognised the need to provide for the ocean realm, including oceans in its recommendations and, now expanding on the indicators presented to include metrics and measurements for ocean-based sectors.
Tony Goldner, Executive Director, TNFD
Download the slide deck for the webinar here