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Bank of China joins TNFD as first Chinese representative on Taskforce

Jovi Ho
Jovi Ho • 4 min read
Bank of China joins TNFD as first Chinese representative on Taskforce
Alongside the appointment of Bank of China to the 40-strong Taskforce, the TNFD also announced the launch of new TNFD consultation groups in China. Photo: Bloomberg
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The Taskforce on Nature-related Financial Disclosures (TNFD) welcomed Bank of China to its Taskforce on Jan 12 as the first Chinese financial institution to join the market-led global initiative. 

According to the TNFD, Bank of China will provide expert input and design recommendations on the evolving TNFD guidance for market participants, as well as in relation to a range of market engagement, data and capacity-building initiatives. 

“This will include specific support to expand and deepen further engagement by the TNFD with Chinese companies, financial institutions and other key stakeholders for the benefit of the long-term resilience of the Chinese economy,” says the TNFD in a Jan 13 announcement.

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