Capital expenditure on adaptation to nature-related physical risks
Measurement answer
What this metric measures
Reports capital expenditure during the reporting period that is directed to adaptation to nature-related physical risks.
Specification
Metric specification
- Result format
- Single value
- Unit
- currency — source-defined reporting unit
- Reporting basis
- Reporting period
- Aggregation
- Sum qualifying capital expenditure on adaptation projects or activities for nature-related physical risks.
- Pillar
- Governance
- Topic
- Adaptation to nature-related physical risks
- Controlled domain
- Nature, biodiversity and land
- Entity type
- Metric
Reporting boundary
Reporting entity's capital expenditure identified as directed to adaptation to nature-related physical risks.
Verified source occurrences
Framework coverage
This is one canonical metric. The bindings below show every verified framework occurrence without creating duplicate metric pages. Edition, disclosure, role, and relationship remain source-specific.
- Adopting Disclosurer011
TNFD LEAP approach
- Publisher
- Taskforce on Nature-related Financial Disclosures
- Edition
- Version 1.1, October 2023
- Requirement
- Not Specified
- Relationship
- Reuses Canonical Metric
- Mapping outcome
- Reused
- Source locator
- TNFD LEAP Approach v1.1, Annex 1, Table 26, PDF page 173, metric row 3
- Adopting DisclosureSource evidence
TNFD Recommendations
- Publisher
- Taskforce on Nature-related Financial Disclosures
- Edition
- September 2023
- Requirement
- Not Specified
- Relationship
- Defines Disclosure
- Mapping outcome
- Direct Evidence
- Source locator
- TNFD Recommendations, September 2023, Annex 2, Table 9, A8.4, p. 94
- Adopting Disclosuree5aa944daa96425f10d2
TNFD Recommendations
- Publisher
- Taskforce on Nature-related Financial Disclosures
- Edition
- September 2023
- Requirement
- Not Specified
- Relationship
- Maps Source Identity
- Mapping outcome
- Published
- Source locator
- Page 94, Table 9, A8.4 | TNFD Recommendations, September 2023, Annex 2, Table 9, A8.4, p. 94
Value structure
Dimensions and units
- Unit
- currency — source-defined reporting unit
- Reporting basis
- Reporting period
Unit meaning: Values use currency under the disclosed TNFD Recommendations method, period, location and reporting boundary.
Published dimensions
- nature-related issue type: physical risk
- response type: adaptation
- currency
- direct-versus-proxy risk identification method
Calculation method
Formula information
- Status
- Specified
- Formula type
- Sum
Formula
Adaptation capital expenditure = Σ_i qualifying capital expenditure_i for adaptation to nature-related physical risks.Apply the source-defined TNFD Recommendations method only within the disclosed location, ecosystem and value-chain boundary. A8.4 is a standalone monetary outcome with a defined response purpose and physical-risk scope. It is distinct from expenditure directed broadly towards nature-related risks and from transition-risk expenditure. No shortlisted existing metric matches its construct, risk type, purpose and monetary value shape.
Variables
| Symbol | Variable | Definition | Unit |
|---|---|---|---|
capital expenditure_i | Qualifying adaptation capital expenditure | Capital expenditure for project or activity i classified as adaptation to a nature-related physical risk. | currency |
Verified sources
Evidence and status sources
Sustopedia checked each record-specific claim directly against primary publisher material. Labels distinguish current measurement authority from future compatibility and corroborative, legal, edition, or method status context. Corroborative evidence can support a stated limitation but cannot establish the core measurement by itself.
Measurement evidence
- Measurement evidenceChecked 27 August 2026
Recommendations of the Taskforce on Nature-related Financial Disclosures
- Publisher
- Taskforce on Nature-related Financial Disclosures
- Edition
- September 2023
- Locator
- TNFD Recommendations, September 2023, Annex 2, Table 9, A8.4, p. 94
Supports: The official TNFD Recommendations source supports the identity, boundary and method basis of “Capital expenditure on adaptation to nature-related physical risks”.
Open official source
Use with context
Interpretation boundaries
Method disclosures required
Source-edition basis: Recommendations of the Taskforce on Nature-related Financial Disclosures, September 2023.
- Disclose the reporting currency.
- Disclose the basis used to identify nature-related physical risks.
- Disclose the basis used to classify capital expenditure as adaptation expenditure.
- Disclose the organizational and value-chain boundary used.
- Disclose whether physical-risk identification is direct or proxy-based.
Record-specific limitations
- This is an Annex 2 optional additional global metric in TNFD Recommendations September 2023, not an Annex 1 core global metric.
- It is specific to nature-related physical risks and must not be combined with transition-risk expenditure.
- The extracted evidence does not prescribe a universal accounting policy for qualifying adaptation capital expenditure.
Interpret this metric with the stated reporting boundary, period convention, value shape, and unit. Results prepared with different boundaries or conventions may not be directly comparable.
Measurement evidence supports the core record-specific claims described above. Corroborative evidence can support limitations, while compatibility and status sources provide their separately labelled context. None of these cards by itself determines an organisation's legal applicability, filing readiness, assurance status, or compliance conclusion.