Integrating Nature and Climate for Corporate Risk Management Strategy ...Middle East

Building on the momentum from COP15, the importance of nature and biodiversity continues to rise on the global sustainability agenda. On September 19, 2023, one of the key nature-related frameworks, the Taskforce on Nature-related Financial Disclosures (TNFD)1 launched its final set of recommendations. TNFD builds on the successes of the Taskforce on Climate-related Financial Disclosures (TCFD) framework structure and introduces distinct nature-related guidance to help corporations address both nature and climate in an integrated risk management strategy. Understanding the Link Between Climate and Nature Solutions Biodiversity is declining faster than at any point in history, with 69% of

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