CIB, International Council for Research and Innovation in Building and Construction’s Post

Double Materiality impacts sustainability reporting by requiring companies to evaluate their environmental, social, and governance matters from both financial effects and potential impacts on people and the environment. This approach aligns with global efforts and is crucial for providing relevant and faithful information on sustainability matters.

ESRS <=> TNFD is now connected to Double Materiality TNFD and EFRAG have jointly published a mapping of the correspondence between the ESRS and the TNFD’s recommended disclosures and metrics, illustrating the high level of commonality achieved. The 14 disclosures recommended by the TNFD and the ESRS requirements are both designed to provide relevant and faithful information on nature-related sustainability matters. Download mapping : https://lnkd.in/eisNbEdN Taskforce on Nature-related Financial Disclosures (TNFD) EFRAG FSB Task Force on Climate-related Financial Disclosures (TCFD) Tony Goldner Patrick de Cambourg Emily McKenzie Science Based Targets Network #biodiversity #csrd #esrs #nature

Do you have any tried and true methods for achieving positive outcomes? In this edition of #FCCMAPerspectives, here's what a few local government leaders said works for them.

Industrial Policy Masterclass introduces one to the theory and process of implementing the AfCFTA. When it is offered again, policymakers and experts worldwide would tremendously benefit from this course.

A joint EU-US Catalogue of Best Practices on Green Public Procurement presents policies, practices and actions used in all stages of the procurement process. It provides examples of how public buyers can tackle environmental and climate challenges and ideas for the uptake of green solutions. Initiatives highlighted in the catalogue include: Denmark's Green Procurement, EU National Action Plans (NAPs), Copenhagen’s Climate Plan, Netherlands and Belgium's CFIT. #sustainableprocurement #greenprocurement #publicprocurement

As part of its proactive research work-plan, #EFRAG has just published a paper "#CONNECTIVITY #CONSIDERATIONS AND #BOUNDARIES OF #DIFFERENT #ANNUAL #REPORT #SECTIONS" laying out the conceptual foundations, categories and benefits of connectivity. 🌐 🔎 The paper also analyses reporting boundaries and points to several grey areas on the location of information. It suggests steps to enhance connectivity and lessen the expectation gaps around reporting boundaries.

Industrial electrification is the main lever to decarbonise industrial process heat. But how can policy and regulation accelerate it? My recent presentation given at a WBCSD – World Business Council for Sustainable Development and Regulatory Assistance Project (RAP) webinar on industrial decarbonisation.

Delving into the EFFRAG ESRS guidance document for materiality, I came across this gem, and have to say - was moved by its metaphorical comparison of nature to a silent stakeholder, brilliant and very apt, usually not "moved by" digesting EU regs and standards incidentally. FAQ 17: What is the role of silent stakeholders and how should they be considered? 204. There may be stakeholders who cannot voice their concerns, and in the ESRS nature has been identified as a silent stakeholder (ESRS 1 paragraph AR 7). Nature is an essential part of the sustainability context of the undertaking and the value chain it operates in. Nature, unlike other stakeholders, cannot voice its concerns on its own, neither verbally nor in writing. Data from scientific sources (e.g., scientific studies on the planetary boundaries or scientifically validated data) may give nature a voice as it may explain the state of nature, such as the health of bird populations, the state of water bodies or the condition of a forest."

⚠️USEFUL INFO: The Provisional programme for the Ninth Technical Expert Dialogue (#TED9) under the Ad Hoc Work Programme on the New Collective Quantified Goal on #ClimateFinance (#NCQG) is now available via the UNFCCC UN website. 👇 🔗Find it here: https://lnkd.in/eqnPyXRY What are the key items on the agenda for #TED9? Day One: Working groups on identifying outstanding options. Guiding questions: ❓What elements of the #NCQG have not been adequately addressed in the previous technical discussions, if any? ❓What are possible options for implementing each proposed element? ❓What is the rationale for including these proposed options? Day Two: Working groups on linkages and interdependencies Guiding questions: ❓What are the key linkages and interdependencies between the elements of the NCQG and options outlined in the 2023 co-chairs’ annual report? In particular, what is the relationship between: ⌛️Timeframe and quantum 🏗️Structure and quantum 💰Contributors (private and public) and quantum 🎯Subgoals and quantum 💵Sources and structure 🔎Timeframe and transparency ❓What are the implications of the identified linkages across the NCQG’s elements and options identified for each element when formulating the NCQG? 🧐Looking for further resources for #TED9? 👇 📰See what Parties submitted on #LossAndDamage to inform the #NCQG work plan here: https://lnkd.in/eb7z9BMZ 📜Find our more about why #LossAndDamage must be included as an #NCQG sub goal here: https://lnkd.in/eVDyEGDr 📩See our submission to #TED9 here: https://lnkd.in/e6e6CFbF 📢See our expectations for the #NCQG here: https://lnkd.in/ds-EN5bw

LAST CALL: Regenerative Finance Workshop. || Submit Now! We have been thrilled with the response to our call for submissions over the past couple of weeks. If you'd like to submit, it's not too late! (But it will be by Friday 8/23). Please use this form: https://lnkd.in/g6ZvBX3a The Global Regenerative Finance Initiative (GRFI) invites you to submit your project for consideration for our upcoming Design Charrette #2: Living Laboratories, in October. This is a unique opportunity to collaborate with experts and peers to navigate your real-world challenges and opportunities. We are especially looking for projects that address one or more of these themes: Jurisdictional Issues: Navigating state vs. tribal rights, decolonization, and public vs. private wealth; commoning Valuing Multiple Forms of Capital: Integrating alternative capitals into overall project value and grappling with how finance can evolve to meet this Normalization of Regeneration: Socializing regenerative finance and exploring new funding models Why Participate? --Gain insights from dedicated thinkers and regenerative finance experts --Workshop your project to overcome challenges and enhance your impact Join us in shaping the future of regenerative finance! O'Shannon Burns Selar Henderson #regenerativefinance #regeneration #grfi #bioregioning #biofi #bioregionalregeneration #biofiproject #designschoolforregeneratingtheearth #grc