TNFD shares recommendations to improve nature data and launch NDPF

The Taskforce on Nature-related Financial Disclosures (TNFD) has released recommendations to improve and harmonise nature data – which includes launching the Nature Data Public Facility first proposed in 2023.  

The set of eight recommendations aim to catalyse a whole-of-value-chain mindset shift about the discoverability, quality and accessibility of nature-related data as a strategic global public good. They include a set of nature data principles to help enhance the quality of state-of-nature data over time, an accompanying set of metadata standards for state-of-nature data, incentives and mechanism for companies to provide qualifying state-of-nature data they have collected on a proprietary basis back into the global public commons, and a nature data measurement protocol.