Reuters
October 25, 2022
There is a lot resting on the diminutive shoulders of Elizabeth Maruma Mrema. The Tanzanian lawyer, chief executive of the Convention on Biological Diversity, will be leading efforts to strike an historic agreement to protect nature at the COP15 biodiversity summit in Montreal in December.
As if that is not enough, she is also co-chair of the Taskforce on Nature-related Financial Disclosures (TNFD), with a goal of creating a framework for companies and investors to report on their nature-related risks: both the impact they have on nature, and their dependencies on nature to conduct their businesses.
Having only been appointed in 2021, she and her co-chair, former Refinitiv founder David Craig, are proceeding at warp speed, aiming to produce a workable version of the TNFD by September next year.
The timetable has been pushed to come just months after what is hoped to be a “Paris moment” for nature at COP15, a reference to the 2015 Paris climate agreement, with 196 countries signing off the Convention on Biological Diversity’s post-2020 global biodiversity framework (GBF).