FSD Africa’s nature programme has delivered three major workstreams, including (i) promoting an African voice for the Taskforce on Nature-related Financial Disclosures (TNFD) and nature-related financial risk management, (ii) the African Natural Capital Alliance (ANCA), and (iii) regulatory work.
The nature programme supported the development of a TNFD framework that is aligned with Africa’s context and a pilot programme of the TNFD to support financial institutions to identify, manage and deliver on nature-related risks and opportunities. The purpose of this workstream was to facilitate an African voice in the TNFD framework by supporting effective management of exposure to nature-related risks by financial institutions, regulators, and policymakers across the continent.
Through the nature programme, FSD Africa heads the secretariat of ANCA, which plays an advocacy role to represent a consistent and unified voice on the need, opportunities and risks associated with nature in Africa. ANCA seeks to catalyse nature-positive African economies enabled by a financial sector that recognises and acts on nature-related risks and opportunities.
The nature programme has also supported nature-positive regulatory reforms by supporting financial regulators to develop roadmaps and key regulatory policies to facilitate the growth of Africa’s natural capital.