Progress towards COP 15 and a new TNFD framework draft

20th July 2022

On 21 June it was announced that the Convention on Biological Diversity’s (CBD) COP 15 – the UN global biodiversity conference – will no longer be held in China, instead taking place in Montreal, Canada from 5–17 December 2022. China will continue to preside over the meetings.

After several delays to the original October 2020 date, the new dates give more certainty on the progression of targets to halt the global deterioration of biodiversity.

From 21–26 June in Nairobi, work continued on the CBD’s Post-2020 Biodiversity Framework, which will include a set of around 21 biodiversity targets for parties to the convention (including the UK). Target 15 is specifically aimed at business and is the first CBD target specifically recognising business’s role in reducing impacts on biodiversity.

IEMA has been working with the UK Business and Biodiversity Forum (UKBBF) to create a position on Target 15 as it develops, as well as liaising with the Department for Environment, Food and Rural Affairs (Defra) through workshops. There were a number of drafts of Target 15 before the Nairobi meeting, and the latest (as yet unagreed) has recently been posted online at

In further news, we are delighted that IEMA has been accepted as a Forum member of the Task Force on Nature-related Financial Disclosure (TNFD). The TNFD’s risk management framework is being developed through a series of iterations leading up to final publication in September 2023, with each draft being improved by industry feedback.

The second iteration, beta version 0.2 (, was published on 28 June. Core components have not changed but updates have been made based on feedback so far. These updates include an architecture for metrics and targets; draft guidance on, and an illustrative set of, assessment metrics; and additional guidance and approaches by sector or biome.

The TNFD is requesting that businesses pilot the beta version 0.2 between now and June 2023. IEMA has been working with the UKBBF and IEMA corporate members to create a working group offering a ‘safe space’ for businesses that wish to do this. If your business is interested in, or has already started, piloting the TNFD framework and would like to join the working group, contact [email protected]

Image credit | iStock


Subscribe to IEMA's newsletters to receive timely articles, expert opinions, event announcements, and much more, directly in your inbox.

Transform articles

A social conscience

With a Taskforce on Inequality and Social-related Financial Disclosures in the pipeline, Beth Knight talks to Chris Seekings about increased recognition of social sustainability

6th June 2024

Read more

Disinformation about the impossibility of averting the climate crisis is part of an alarming turn in denialist tactics, writes David Burrows

6th June 2024

Read more

While biodiversity net gain is now making inroads, marine net gain is still in its infancy. Ed Walker explores the balance between enabling development and safeguarding our marine environment

6th June 2024

Read more

David Symons, FIEMA, director of sustainability at WSP, and IEMA’s Lesley Wilson, tell Chris Seekings why a growing number of organisations are turning to nature-based solutions to meet their climate goals

6th June 2024

Read more

Sarah Spencer on the clear case for stronger partnerships between farmers and renewable energy developers

6th June 2024

Read more

Groundbreaking legislation on air and noise pollution and measures to tackle growing concerns over disposable vapes provide the focus for Neil Howe’s environmental legislation update

6th June 2024

Read more

A system-level review is needed to deliver a large-scale programme of retrofit for existing buildings. Failure to do so will risk missing net-zero targets, argues Amanda Williams

31st May 2024

Read more

Media enquires

Looking for an expert to speak at an event or comment on an item in the news?

Find an expert

IEMA Cookie Notice

Clicking the ‘Accept all’ button means you are accepting analytics and third-party cookies. Our website uses necessary cookies which are required in order to make our website work. In addition to these, we use analytics and third-party cookies to optimise site functionality and give you the best possible experience. To control which cookies are set, click ‘Settings’. To learn more about cookies, how we use them on our website and how to change your cookie settings please view our cookie policy.

Manage cookie settings

Our use of cookies

You can learn more detailed information in our cookie policy.

Some cookies are essential, but non-essential cookies help us to improve the experience on our site by providing insights into how the site is being used. To maintain privacy management, this relies on cookie identifiers. Resetting or deleting your browser cookies will reset these preferences.

Essential cookies

These are cookies that are required for the operation of our website. They include, for example, cookies that enable you to log into secure areas of our website.

Analytics cookies

These cookies allow us to recognise and count the number of visitors to our website and to see how visitors move around our website when they are using it. This helps us to improve the way our website works.

Advertising cookies

These cookies allow us to tailor advertising to you based on your interests. If you do not accept these cookies, you will still see adverts, but these will be more generic.

Save and close