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Development of a concept paper for the scope of the TNFD

Summary

Global Canopy required technical support to develop an initial concept paper defining the potential scope of work for the Taskforce on Nature related Financial Disclosures (TNFD).

How we helped
Little Blue Research worked with the Global Canopy team to determine the scope of work for the project along with identifying potential barriers to implementation.

Client description

Global Canopy

Not for profit

Case study details

Main service: Strategy & risk

Sector: Frameworks, guidance and standards

Assessment location: N/A

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Capital(s)

Challenges

• Ensuring the output aligned with learning from the Taskforce on Climate-related Financial Disclosures (TCFD).

• Collaborative project delivered in a short timeframe and outlining a governance process for the work.

Outcomes

Proposed high-level tasks for the TNFD as a formal scoping note including:
• proposed work packages and outputs,
• suggested research following the approach used for the TCFD,
• stakeholder mapping, and
• outlining skills needed for each phase of the project, i.e., research & development, testing, consultation and dissemination and marketing.

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