The Reserve Bank was therefore forced once again during the past year to pursue a more restrictive monetary policy that led to an increase of approximately 3 percentage points in the level of interest rates.
The TNFD recommendations are to be published in September of this year. It will likely become a significant force to move corporates, investors, and lenders to account for nature-related risks and opportunities. According to the Task Force, "Corporates are failing to consider how their supply chains, operations and enterprise values depend on, and impact, nature.