About 50% of global GDP is at least moderately dependent on nature, according to the World Bank. Increasing recognition of this dependency has fueled new biodiversity-related disclosure frameworks, regulations, and investor action. In this episode of ESG Currents, Bloomberg Intelligence’s Eric Kane and Melanie Rua are joined by David Craig, co-chair of the Task Force on Nature-related Financial Disclosures (TNFD) to discuss how climate and biodiversity are interrelated, how the TNFD framework fits in with other disclosure guidelines, hopes for COP 16 in Colombia, why nature risk is financial risk, and much more.
This episode was recorded on Mar. 18. See omnystudio.com/listener for privacy information.