Overview of WWF key messages to the TPT Consultation on the Disclosure Framework and Implementation Guidance - 1 Key messages to the TPT
19 January 2023
Normal.dotm A4 US English 1 Overview of WWF key messages to the TPT Consultation on the Disclosure Framework and Implementation Guidance 1 Key messages to the TPT This document represents a high-level draft of WWF’s response to the TPT’s Consultation for submission on 28th February 2023. [...] We support the inclusion of interdependencies with nature in the Definition of a transition plan1 and Ambition sections2, given that net zero cannot be achieved without addressing the decline of nature and ecosystems. [...] Additionally, the integration of nature within companies’ action plans3 is fundamental to evaluating the effectiveness and credibility of a transition plan and should remain an important part of the guidance. [...] Specifically, we suggest that the importance of science-based alignment should be explicitly referenced within the definition of a transition plan1: strengthening the wording to ‘…global transition towards reaching the goals set out in the Paris Agreement’4, 5. [...] We recommend that consistency with the mitigation hierarchy is positioned as fundamental to the use of carbon credits9 within the framework and not solely in the interpretative guidance, and that the Objectives and priorities10 re-emphasise that true decarbonisation should be prioritized over ‘paper decarbonisation’.