National readiness for nature-related disclosures in emerging markets

This is a study of five emerging economies with a view to assessing their readiness for nature-related disclosures. The studies were based on ten questions and data collected through interviews and questionnaires with regulators and supervisors, complemented by desk reviews. At the country level, the studies were led by UNDP-BIOFIN (Biodiversity Finance Initiative) country teams.

national-readiness-nature-related-disclosures-emerging-markets

A LEAP for Nature: Advancing Nature-related Financial Risk and Opportunity Assessment in Malaysia

This joint report by Bank Negara Malaysia (BNM), the World Bank, and United Nations Development Programme’s Biodiversity Finance Initiative (UNDP BIOFIN) provides a guide for financial institutions and firms to assess and disclose nature-related dependencies, impacts, risks and opportunities (DIROs). It aims to: 1) Assess the current state of nature-related risk assessments and disclosures among Malaysian financial institutions and firms; 2) Identify key gaps and challenges in these practices; and 3) Provide practical guidance and recommendations to accelerate progress across the financial ecosystem. The findings of this report are substantiated by several analytical components: an updated ENCORE analysis of nature-related dependencies and impacts within Malaysian banks’ commercial lending portfolios; two nationwide readiness surveys conducted with financial institutions and publicly listed companies; and five pilot LEAP assessments with three financial institutions and two firms.

leap-nature-advancing-nature-related-financial-risk-and-opportunity-assessment-malaysia

Study on Nature-Related Financial Risks in Zambia

The Study on Nature-Related Financial Risks in Zambia draws on lessons and insights from a range of international experiences, adapted to Zambia’s unique context. The authors would like to express their sincere gratitude to all those who contributed to the development of this report. We extend our thanks to our colleagues from the Global BIOFIN Team, and the UNDP Zambia Country Office for their guidance, technical inputs, and overall support. We are also grateful to the Government of the Republic of Zambia, particularly the Ministry of Green Economy and Environment and the Ministry of Finance and National Planning, for their leadership and continued commitment to advancing sustainable finance in Zambia.

study-nature-related-financial-risks-zambia

Ruta metodológica para identificar el nivel de ambición de reporte de una empresa conforme al Marco TNFD

La consolidación de la naturaleza como una prioridad estratégica para el sector productivo colombiano ha impulsado una mayor alineación con los objetivos del Plan de Acción de Biodiversidad – PAB a 2030. En respuesta a esta evolución, el Programa de las Naciones Unidas para el Desarrollo – PNUD y su Iniciativa de Finanzas para la Biodiversidad – BIOFIN en Colombia presentan la propuesta de “Ruta metodológica para identificar el nivel de ambición de reporte de una empresa conforme el marco TNFD”, el cual desarrolla dos componentes principales: un análisis técnico sobre los requerimientos de información ambiental, financiera y empresarial necesarios para la implementación de la arquitectura de métricas del marco TNFD; la formulación de una herramienta para orientar de manera gradual el uso de métricas que cuenten con fuentes de información compatibles con los estándares del TNFD. Este documento aporta elementos clave para fortalecer la capacidad del sector privado en la gestión, evaluación y divulgación de asuntos relacionados con naturaleza y biodiversidad.

ruta-metodologica-para-identificar-el-nivel-de-ambicion-de-reporte-de-una-empresa

Methodological assessment of the impact and dependence of business on biodiversity and nature’s contributions to people of the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem

Methodological assessment of the impact and dependence of business on biodiversity and nature’s contributions to people of the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services

business-and-biodiversity-assessment

Accountability for Nature: Comparison of Nature-related Assessment and Disclosure Frameworks and Standards

This updated edition of the report, co-authored by the United Nations Environment Programme World Conservation Monitoring Centre (UNEP-WCMC) and the United Nations Environment Programme Finance Initiative (UNEP FI), expands its scope to include pollution-related financial risks alongside nature-related assessment and disclosure approaches. Pollution is one of the five primary drivers of biodiversity loss (IPBES, 2019) and is increasingly recognized as a major financial and economic risk. This edition includes a pollution addendum, which examines how pollution impacts ecosystems, economies, and financial stability. Pollution-related financial risks are increasingly reflected in global frameworks such as the Kunming-Montreal Global Biodiversity Framework (GBF) and the Global Framework on Chemicals (GFC), as well as through regulatory initiatives such as internationally binding plastic pollution agreements. The report provides a comprehensive overview of key methodological and conceptual trends in nature- and pollution-related assessment and disclosure approaches, covering leading standards, frameworks, and reporting systems that guide private sector companies in assessing and reporting on their dependencies, impacts, risks, and opportunities related to nature and pollution. It distinguishes between: frameworks, which provide guiding principles for disclosure, Standards, which establish specific reporting requirements, and Reporting platforms, which help companies align with both voluntary and regulatory disclosure expectations.

National Monitoring Support Initiative:

In December 2022, Parties to the Convention on Biological Diversity adopted the Kunming-Montreal Global Biodiversity Framework (GBF) and associated package of decisions. The package includes a global monitoring framework and mechanisms for planning, monitoring, reporting and review. The monitoring framework includes indicators to be used by Parties for planning, monitoring and reporting of implementation of national targets and the agreed global Goals and Targets. This places greater emphasis on transparency of implementation, which will require strengthened national capacities for monitoring across the scope of the GBF, and for enhanced biodiversity data and information management as a basis for planning, implementation, monitoring and reporting of progress. This initiative seeks to develop inclusive, collaborative and coordinated approaches to developing and enhancing national biodiversity monitoring systems, for the effective implementation of the GBF.