PRI announces TNFD capacity-building initiative to accelerate nature action

The forum will support investors, banks, insurers and real economy actors in preparing for nature- related disclosures aligned with the Taskforce on Nature-related Financial Disclosures (TNFD) recommendations.

By engaging with partners, the PRI aims to catalyse action towards the Kunming-Montreal Global Biodiversity Framework’s (GBF) goal of halting and reversing nature loss and closing the global biodiversity financing gap, estimated at $700 billion a year. Backed by the International Climate Initiative (IKI) through the United Nations Development Programme (UNDP), this partnership reinforces the PRI’s strong commitment to advancing global climate and nature goals.

Key activities and focus areas of the Nature Reporting Preparer Forum:

• Building capacity: the initiative fosters peer learning and knowledge sharing among market participants in order to amplify the implementation of TNFD recommendations across report preparers and report users globally.
• Reaching emerging markets: recognising that much of the world’s remaining biodiversity is in emerging markets, the initiative focuses on driving impactful action in these regions. This collaboration will help stakeholders understand and address nature-related dependencies, impacts, risks, and opportunities critical to achieving global biodiversity goals.
• Addressing global and local risks: this collaboration emphasises the importance of localised strategies and collective action, ensuring both global and local nature-related issues are addressed effectively.

The forum will be launched initially in Latin America and Southeast Asia. If you are an asset owner or investment manager based in Latin America (Brazil and Spanish-speaking countries) or Asia (ex-China/Japan), or a global investor with significant exposure to either of these regions, and are interested in participating and/or receiving more information, please fill in this form.

David Atkin, CEO, PRI, said, “As the world’s leading proponent of responsible investment, the PRI is proud to support this capacity-building initiative to integrate nature-related considerations into financial systems, ensuring biodiversity becomes a core element of sustainable investment strategies.”

Eric Usher, Head of UNEP FI, stated, “This collaboration builds upon our earlier work with the TNFD and partners to provide market clarity and contribute to nature-positive goals. By engaging with global financial actors and real economy players, we can ensure the financial sector plays a central role in advancing biodiversity goals and building resilience in a rapidly changing world.”

Tony Goldner, CEO, TNFD, said,“We are delighted to see the PRI signatory community deepen its engagement on nature-related issues. The evidence is now clear that nature-related issues present clear financial risks to investors and other capital providers. This program could not be more timely for ensuring that investors are capable of identifying and contextualising their nature-related issues in order to measure and manage them more effectively.”

Angela Graham Brown, Director, Nature Action, WBCSD, commented, “Better knowledge and improved confidence are needed to expand action on nature beyond the sustainability team and into markets. This collaboration is an important part of WBCSD’s capacity-building efforts, aiming to rapidly mainstream consistent and credible action on nature.”

Notes to editors

For media enquiries, please contact:

• Conor Meade, Senior Press Officer, PRI: [email protected]