According to an April 9 announcement, the ISSB will consider the relevance of the TNFD recommendations in meeting the needs of global capital markets.
The IFRS Foundation and the Taskforce on Nature-related Financial Disclosures (TNFD) have announced that they have signed a Memorandum of Understanding (MOU) committing to build upon the TNFD recommendations in the ongoing work of the International Sustainability Standards Board (ISSB).
This will enable nature-related financial disclosures for use in the capital markets.
