This report, released in cooperation with the Task Force on Nature-related Financial Disclosure (TNFD), was a part of the launch of the v0.2 of the TNFD beta framework, which has been designed to enable businesses and financial institutions to integrate the value of nature across their decision-making.
It highlights the synergies and interconnection between the Natural Capital Protocol and TNFD’s Locate, Evaluate, Assess & Prepare (LEAP) approach, which sits at the heart of the TNFD framework. The paper outlines how steps o5 and 06 in the Protocol should be used to conduct the ‘Evaluation’ phase of TNFD’s LEAP approach.
This document provides further guidance for dependency and impact analysis (the E3 and E4 components of the TNFD LEAP approach), drawing from relevant material in the Natural Capital Protocol. This additional draft guidance is being included in the second (v0.2) beta release of the TNFD framework, to provide additional practical support for pilot testing.