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Q&A: New tool supports private industry in minimizing impacts to nature’s services

Autor: Phys.org, Elana Kimbrell, Stanford University

Companies and investors are increasingly considering, and measuring, the impacts of their business activities on nature, or “natural capital” (the world’s stock of natural assets like air, water, soil, and biodiversity). This includes how impacts to ecosystem services, the benefits nature provides to people, create risks—and opportunities—for their businesses and clients.

Recently, the Taskforce on Nature-Related Financial Disclosures (TNFD) released its final risk management and disclosure framework for companies and financial institutions. These recommendations are intended to inform better decision-making by companies and investors, to “ultimately contribute to a shift in global financial flows toward nature-positive outcomes.”

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