Natural Capital

The Taskforce on Nature-related Financial Disclosures (TNFD) has proposed guidance for how to report for eight sectors, and preliminary guidance on biodiversity footprinting for financial institutions.

Potential legislation deemed "anti-indigenous" in Brazil is a "fiduciary risk for investors" and a concern for Brazil's economic and sustainable prosperity, BlueBay Asset Management told Environmental Finance.

Australia has formally passed legislation to protect and restore nature and developed a 'first-of-its-kind' biodiversity credit market, but last-minute concessions means offsets will be outlawed.

Voluntary biodiversity credits, which would 'compensate' but not offset negative impact, are likely to be a key area of demand as shareholder pressure rises, a report has predicted.

More first loss capital is needed is needed to attract private investors to nature-related projects, especially in emerging markets, the Asian Infrastructure Investment Bank (AIIB) has said.

Mirova has launched a second iteration of its sustainable land management fund, targeting a raise of €350 million ($379 million).

The Taskforce on Nature-related Financial Disclosures (TNFD) has opened a consultation on the 'advanced' version of its nature scenarios guidance.

The UK has been urged by members of parliament to make the Taskforce for Nature-related Financial Disclosures mandatory within three years.

A high-level declaration to develop more sustainable food and agriculture systems has been signed by 134 world leaders at COP28, providing a 'positive signal' for the market, Environmental Finance has heard.

Few of the world's biggest companies are taking "ambitious action" on deforestation, and run the risk of failing to comply with incoming legislation, Ceres has said.

Bloomberg has announced it will work with the UK's Natural History Museum to build a biodiversity data tool for investors.