Nurturing Natural Capital: The Middle East Imperative
TNFD
- Environmental capital challenges and opportunities in the region
- An insider’s analysis of the TNFD and the benefits of nature-related disclosures
- First-hand lessons learned from the TNFD pilot and the implementation of other relevant frameworks
With more than half the world’s economic output (an estimated US$44 trillion) either highly or moderately dependent on the environment, the consequences of environmental and nature degradation are severe. We have already started to see the impact of extreme biodiversity loss, widespread pollution, and overconsumption of natural resources in areas such as societal health, supply chain, and food security.
For these compelling reasons – among others – disclosure and transparency around nature impact is essential; and the Taskforce on Nature-Related Financial Disclosures (TNFD) promises to become a leading global framework. This report looks at the mechanisms of the TNFD, and how its approach can help Middle East countries protect their natural and environmental capital, while enabling the private sector to support and accelerate the impact of government policies.
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