sustainacraft Selected for TNFD Data Catalyst
Tokyo - September 8, 2022 - sustainacraft Inc. announced today that it has been selected for the TNFD Data Catalyst. The Taskforce on Nature-Related Financial Disclosures is an international initiative that builds on a model developed by the Taskforce on Climate-Related Financial Disclosures (TCFD) to provide a framework for how organizations can address environmental risks and opportunities with the ultimate goal of channeling capital flows into positive action. The Nature-related Data Catalyst will bring together a range of actors from across the nature-related data landscape to respond to the data challenges and gaps identified in the TNFD’s Data Landscape Discussion Paper released in March 2022 as part of the v0.1 beta release of the TNFD Framework. Companies participating in the Data Catalyst will recommend ways to accelerate the development of, and access to, nature-related data, analytics and tools, with the overall goal of improving the ease, speed, and scale of adoption of the TNFD framework, once the Taskforce launches their final recommendations in September 2023. sustainacraft will actively contribute to the development of natural capital and biodiversity assessment methods using its proprietary satellite imagery analysis technology.
TNFD The Taskforce on Nature-Related Financial Disclosures is an international initiative that builds on a model developed by the Taskforce on Climate-Related Financial Disclosures (TCFD). Its mission is to provide a framework for how organizations can address environmental risks and opportunities with the ultimate goal of channeling capital flows into positive action.
sustainacraft sustainacraft aims to create a sound financial cycle for nature conservation by providing two solutions: inexpensive and extensive carbon stock monitoring of natural resources using satellite remote sensing technology, and evaluation of complex reference levels and leakages specific to carbon credits based on causal inference technology. We are working to create a sound financial cycle for nature conservation. Currently, we are promoting social implementation of this carbon stock monitoring technology in collaboration with several NGOs and business companies engaged in environmental conservation, mainly in Latin America, Southeast Asia, and Africa.
