News in the Framework of the European Business & Biodiversity Campaign

Taskforce on Nature-related Financial Disclosures (TNFD): Public consultation on framework until 06/01/2023

The Taskforce on Nature-related Financial Disclosures (TNFD) has released its fourth and final beta framework for nature-related risk management and disclosure.

WWF Biodiversity Risk Filter

With the Biodiversity Risk Filter, WWF offers a free online tool for companies to understand, address, and identify risk hot spots related to nature degradation and species extinction within value and supply chains.

Publication: "Nature in Transition Plans: Why and How?"

Both climate change and biodiversity loss are inherently interlinked yet have traditionally been addressed in silos - a new WWF publication shows a way to proceed differently.

Proposal for EU directive "on green claims": fines and high requirements for provability and communication of environment-related advertising

On March 22, 2023, the European Commission presented a proposal for a Green Claims Directive to combat misleading greenwashing by companies.

"Biodiversity Beyond National Legislation" (BBNJ) for the protection of the oceans

Good news for the protection of marine biodiversity: After about 15 years (!) of negotiations, the member states of the UN have agreed on a treaty for the protection of the high seas ("high seas treaty"). This now has to be ratified.

EFRAG Videos on EU Reporting Directive and Proposal for ESRS E4 (Biodiversity and Ecosystems)

The European Financial Reporting Advisory Group (EFRAG) has submitted its final drafts of EU Sustainability Reporting Standards (ESRS) to the EU Commission.

Joint letter urging the European Commission to follow EFRAG’s technical advice

Several organisations are calling on the Commission to not reduce the scope of the reporting standards developed by EFRAG for the European Commission in context of the CSRD.

Food security and ecosystem resilience: Commission boosts action on pollinators

In January 2023, the EU Commission presented 'A New Deal for Pollinators' to tackle the alarming decline in wild pollinating insects in Europe.

LIFE BooGI-BOP: Layman's Report published

In the EU-LIFE project "Biodiversity-oriented Design of Business Premises" the final Layman's Report was published. It is available in English, German and Spanish and contains impressive figures on the creation of biodiversity-friendly areas, consulting of companies and sensitization of multipliers.

New IDFC Toolbox: Integrating Biodiversity into Strategies and Operations of Development Finance Institutions

An innovative toolbox introduces the conceptual foundations for understanding the role of biodiversity for financial players.