Home » WebinarsNature transition plans: TNFD progress update Date 15th May 2025 Collection Public Webinars Halting and reversing nature loss, as described in the Kunming-Montreal Global Biodiversity Framework (GBF), will require significant changes to business practices across all sectors. Transition planning offers a way to manage an organisation’s responses and contributions to this transition in a coherent, structured way. In October 2024, the TNFD published a discussion paper setting out draft guidance on nature transition planning for corporates and financial institutions. Feedback was received through a 3-month consultation that closed in February 2025. The TNFD has now started a piloting programme with a group of corporates and financial institutions putting the draft guidance into practice to generate further insights on how to refine the draft guidance. Findings from the consultation and piloting will be incorporated into the final TNFD guidance on nature transition plans to be released in late-2025. This webinar covered findings from the public consultation, information on the piloting programme and plans for finalising the guidance. Hosted by Emily McKenzie Technical Director, TNFD Emily has significant experience on integrating nature in policy, finance, economics and decision-making. Prior to joining TNFD in November 2021, she led the analytical team that produced the global Dasgupta Review on the Economics of Biodiversity, based at the UK Economics and Finance Ministry. Emily was previously seconded to the Capitals Coalition where she helped develop the Natural Capital Protocol in its Technical Group. Emily worked for a decade in the WWF Global Science team, where she helped establish and lead the Natural Capital Project at Stanford University, helping decision-makers apply InVEST – leading ecosystem service modelling software. While at WWF, she supported The Coca Cola Company and Guggenheim Partners to consider dependencies and impacts on nature, and sustainability standards. She helped design the Environmental Land Management scheme in England – a major national agricultural subsidy reform programme – based at the UK Department of Environment, Food and Rural Affairs (Defra). Other previous roles included establishing environmental economics programmes at the Joint Nature Conservation Committee and the Pacific Islands Applied Geoscience Commission as an Overseas Development Institute Fellow. She holds Masters degrees in International Policy from Stanford University and Economics at the University of Cambridge. Based in London, Emily speaks English, and basic Bislama, Fijian, German and French. Guests Abyd Karmali OBE Managing Director Environmental & Social Business Advisory, Bank of America Laura Fisher Lead – Sector Transitions to Nature Positive, World Economic Forum Laura leads the Nature Positive Transitions initiative as part of the World Economic Forum Nature Action Agenda. She works with business leaders and financial institutions to develop pathways for nature action and accelerate the transition toward a nature-positive economy. Previously, she was a Climate & Sustainability Project Leader at Boston Consulting Group (BCG), where she worked with corporates and financial institutions on climate and nature strategies, including target-setting, implementation, and new green business models. Laura holds an MSc in International Political Economy from the London School of Economics, a Master's in International Public Management from Sciences Po Paris, and a BA in Political Science from Columbia University. She is Australian-American and has lived and worked in Switzerland, the UK, France, the US, Brazil, and Southeast Asia. Nitika Agarwal Head of Sustainable Finance Policy, WWF Nitika Agarwal is WWF-UK's Head of Sustainable Finance Policy, leading policy and industry engagement on greening finance including specifically the inclusion of nature. She co-chaired the Nature Working Group of the UK's Transition Plan Taskforce and her team successfully advocated for the inclusion of nature in the financial regulators' remit for the first time. She was formerly COO at Apolitical, a govtech startup helping public servants tackle strategic challenges such as climate change and nature destruction, and a Senior Policy Advisor at the Treasury and Foreign Office leading UK policy in the EU on financial sector and budget issues. Patrick Ho Deputy Head, Sustainable Development, Swire Properties Ltd Tom Hegarty Associate Director - Transition Planning & Targets, TNFD Tom’s experience centres on building environmental sustainability into corporate strategies and creating innovative public policy to deliver more sustainable national economies. Prior to joining the TNFD team, he was working at Systemiq. There he helped food companies, agri-input providers and investors to identify the risks and opportunities they face from climate change and nature loss and to develop strategies to address these. He previously worked at the UK finance and economics ministry, HM Treasury, looking at the distributional impacts of decarbonisation in the UK, and natural environment and agriculture policy. Tom holds a Masters in the Economics of Public Policy from the Barcelona School of Economics (Universitat Pompeu Fabra and Universitat Autònoma de Barcelona), and BA in Economics from the University of Cambridge. Tom is based in Barcelona and speaks English, Spanish, French and German. Emine Isciel Head of Climate and Environment, Storebrand Asset Management Emine Isciel joined Storebrand Asset Management in 2018 and has 20 years’ experience in sustainability. As Head of Climate and Environment she is responsible for the company’s strategic direction and leads the work on corporate and sovereign engagement. She is currently co-chair of the Finance for Biodiversity’s Public Policy and Advocacy Workstream and serves in several advisory boards. She was part of founding Investor Policy Dialogue on Deforestation (IPDD) and Nature Action 100. Prior to joining Storebrand, Isciel worked for the Norwegian Ministry of Climate and Environment with multilateral environmental agreements advising the government on sustainability policies and strategies and leading the work on implementing the SDGs. She has also worked for the UN and provided technical advice and content to the SDGs.