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Regulatory Briefing: TNFD publishes metrics guideline

By Victor Smart

The biodiversity-focused Taskforce on Nature-related Financial Disclosures has moved forward its pilot framework by publishing a high-level structure of the metrics and target-setting approach that it plans to adopt. Financial institutions will now be invited to trial the scheme.

This second iteration provides an overview of the TNFD’s approach to guidance for market participants. It includes sector classification aligned with the approach taken by the International Sustainability Standards Board, the Sustainability Accounting Standards Board and the Task Force on Climate-related Financial Disclosures. 

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