Strong appetite from corporates to identify nature-related financial risk

James Fotherby, Senior Policy Officer and Green Finance Lead at Aldersgate Group reacts to the 30% increase in adopters of the TNFD recommendations: “It’s fantastic to see momentum continue to build behind the TNFD framework with yet more early adopters announced at London Climate Action Week, bringing the total to 416. This announcement demonstrates the strong and growing appetite amongst both financial institutions and corporates – across markets and jurisdictions – to identify nature-related financial risks and integrate nature into business and financial decisions. As the Aldersgate Group set out in a earlier this year, we would like the next UK Government to seize a global leadership position by becoming the the first G20 country to mandate TNFD-aligned disclosures, starting with the largest companies and financial institutions.”