The degradation of nature threatens global GDP growth, with the UK facing a potential 12% decline. Biodiversity loss and ecosystem damage could cost the global economy over USD 5 trillion, compromising societal security, business stability, and climate resilience. The Taskforce on Nature-related Financial Disclosures (TNFD), supported by UNEP FI, aims to shift financial flows towards nature-positive outcomes. Launched in September 2023, TNFD’s recommendations help businesses and financial institutions integrate nature into decision-making processes, ensuring sustainable economic practices.
