Nature loss is not only an environmental concern, but also an emerging source of economic and financial risk. As critical ecosystems degrade, so too does the natural capital that underpins production, supply chains and long-term economic stability. In Canada, where the economy remains resource-intensive and nature-dependent, these risks are particularly pronounced. Recent analysis suggests that nature’s ongoing decline puts approximately US$259 billion (or 11% of Canada’s GDP) at risk. 

The Case for Nature-related Financial Disclosures in Canada argues that nature-related financial disclosures (NFDs) can help businesses better understand, manage and communicate nature-related drivers of risks and opportunities, supporting operational efficiency, innovation and investment. Standardized frameworks, such as the Taskforce on Nature-related Financial Disclosures Recommendations, aim to provide more reliable and comparable information for decision-makers. Despite the case for action, corporate adoption of NFDs remains limited.