Thus, AXA, BNP Paribas, DBS Bank, Rabobank, Standard Chartered, Storebrand, Yes Bank, and World Bank have declared support to create a new reporting mechanism.
The initiative is being coordinated by Global Canopy, the United Nations Development Programme (UNDP), the United Nations Environment Programme Finance Initiative (UNEP FI), and the World Wide Fund for Nature (WWF), who are setting out a plan to bring together a Task Force by Q1 of 2021, starting with the formation of a working group in Q3 of 2020. This is set out on a new ‘Bringing Together a TNFD’ website.
UK environment minister Zac Goldsmith endorsed the initiative, which is funded by the UK government and driven by the Department for Environment, Food and Rural Affairs (Defra), at a Finance for Nature virtual summit.
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright