After some results at the COP in Vancouver, as well as the release of the first ever Science -Based Targets for Nature (SBTN) – finally (!) the recommendations by the TNFD (Task Force for nature-based financial disclosure) have been released. So the question obviously is, how do these targets address the 5 key drivers of biodiversity erosion eventhough it is only about reporting? Are the TNDF recommendations worth their salt?
After some results at the COP in Vancouver, as well as efforts by the TNFD (Task Force for nature-based financial disclosure) – we finally (!) got the first ever Science -Based Targets for Nature (SBTN).
It is a first release, however. So the question obviously is, how do these targets address the 5 key drivers of biodiversity erosion? Are the SBTNs worth their salt?
In the last post I wrote about one of the most historic inter-governmental landmark decisions: At the ‘Biodiversity’ COP (COP15) 200 countries had agreed on 4 Goals and 23 Targets.
It goes without saying though that the interesting piece is the enforcement and implementation mechanisms of the mentioned agreement.
Hence, the focus of this article is: How exactly – if at all – will the goals and progress measures reached in December 2022 be enforced and tracked?