Home » Resource Database Report Progress Achieved and the Path Ahead: The Final Report of the Transition Plan Taskforce. Authoring Organisation Transition Plan Taskforce (TPT) Publish Date October 2024 Read the report (Progress Achieved and the Path Ahead: The Final Report of the Transition Plan Taskforce.)(This link will take you to an external website) About this ReportAfter two and a half years of pioneering efforts to establish a gold standard for private sector transition plans, the Transition Plan Taskforce (TPT) will officially conclude its work on October 31, 2024. Marking the occasion, the TPT will release its final report, Progress Achieved and the Path Ahead: The Final Report of the Transition Plan Taskforce. This report identifies key opportunities and challenges for the global adoption of transition plans, including building market capabilities, sharing best practices, developing tools for decision-makers, and fostering global consistency in transition planning norms. Since its inception, the TPT has become a central player in the climate transition space, fostering collaboration with more than 500 financial institutions, real economy firms, policymakers, regulators, and civil society organisations in the UK and internationally. Over the last two and a half years, the TPT has been instrumental in driving momentum for transition plans, with the TPT Disclosure Framework and suite of guidance materials becoming an essential resource for companies which can be found in the IFRS’s Sustainability Knowledge Hub. Read the report (Progress Achieved and the Path Ahead: The Final Report of the Transition Plan Taskforce.)(This link will take you to an external website) Related resources Nature in Net-zero Transition Plans – Workstream consultation paper Glasgow Financial Alliance for Net Zero (GFANZ) have published a consultation paper that further describes the role that nature plays in net-zero implementation through net-zero transition plans that they released in 2022. This consultation paper was developed with support from the Nature in... What Are Nature Strategies and Nature Transition Plans? Nature strategies and transition plans are a solid foundation to help organisations articulate how they plan to respond and contribute to the transition implied by the GBF. They also support business and financial institutions to build accountability, as well as to manage their nature-related... Related publications Discussion paper on nature transition plans Guidance for corporates on science-based targets for nature Related webinars Understanding nature transition plans November 28, 2024 (Updated: November 28, 2024) The mission of the Kunming-Montreal Global Biodiversity Framework (GBF) is to ‘halt and reverse biodiversity loss’ by 2030, with a 2050 vision of ‘a world living in harmony with nature Delivering the transition...