Financial provisions for mine closure, rehabilitation and ongoing monitoring
Measurement answer
What this metric measures
Reports financial provisions allocated for mine closure, rehabilitation, and ongoing environmental and socioeconomic monitoring at priority locations, broken down by financial instrument and discounting basis.
Specification
Metric specification
- Result format
- Structured table
- Unit
- Currency, reported for each financial provision field in the reporting currency and identified as discounted or undiscounted — source-defined reporting unit
- Reporting basis
- Reporting period; disclose the period covered by the reported financial provisions
- Aggregation
- Total financial provisions allocated for mine closure, rehabilitation, and ongoing environmental and socioeconomic monitoring at priority locations, disaggregated by financial instrument and discounting basis
- Pillar
- Environmental
- Topic
- Mine closure, rehabilitation and environmental and socioeconomic monitoring provisions
- Controlled domain
- Sustainable finance
- Entity type
- Metric
Reporting boundary
Priority locations; provisions for mine closure, rehabilitation, and ongoing environmental and socioeconomic monitoring, in accordance with applicable local regulatory requirements
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 DisclosureSource evidence
TNFD sector guidance
- Publisher
- Taskforce on Nature-related Financial Disclosures
- Edition
- Final English sector guidance collection through August 2026 (17 documents)
- Requirement
- Not Specified
- Relationship
- Defines Disclosure
- Mapping outcome
- Direct Evidence
- Source locator
- TNFD additional sector guidance for Mining and Metals, Section 3.2/3.3 sector metric table, MM.A21.0, p. 89: "Report the total financial provisions allocated for mine closure, rehabilitation, and ongoing environmental and socioeconomic monitoring at priority locations, broken down by type of financial instrument used and specifying whether values are discounted or undiscounted, in accordance with local regulatory requirements." | Page 89, sector metric table, MM.A21.0
- Adopting DisclosureMM.A21.0
TNFD sector guidance
- Publisher
- Taskforce on Nature-related Financial Disclosures
- Edition
- Version 1.0, June 2024
- Requirement
- Recommended
- Relationship
- Maps Source Identity
- Mapping outcome
- Published
- Source locator
- Page 89, sector metric table, MM.A21.0
Value structure
Dimensions and units
- Unit
- Currency, reported for each financial provision field in the reporting currency and identified as discounted or undiscounted — source-defined reporting unit
- Reporting basis
- Reporting period; disclose the period covered by the reported financial provisions
Unit meaning: Values use Currency, reported for each financial provision field in the reporting currency and identified as discounted or undiscounted under the disclosed TNFD sector-guidance method, reporting period and boundary.
Table fields and units
- Priority location
- Provision purpose
- Financial instrument type
- Financial provision amount
- Currency
- Discounting basis (discounted or undiscounted)
- Applicable local regulatory requirements or jurisdiction
Published dimensions
- priority location
- financial instrument type
- discounting basis
- provision purpose: mine closure, rehabilitation, environmental monitoring, or socioeconomic monitoring
- applicable local regulatory context
Disclosure method
Formula information
- Status
- Not applicable
- Formula type
- Structured Disclosure
Disclosure form
No single formulaReport the source-defined result with its stated fields and method disclosures. This is a separately reportable monetary provision outcome required by the Mining and Metals additional sector metric MM.A21.0. It is not the same construct as capital deployed toward climate or nature risks and opportunities: it concerns provisions for closure, rehabilitation and monitoring at priority mine locations, with mandatory instrument and discounting-basis detail. A structured table preserves the source-required monetary, instrument, discounting and location dimensions without imposing an unprescribed common currency or discounting method.
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 30 August 2026
TNFD additional sector guidance collection
- Publisher
- Taskforce on Nature-related Financial Disclosures
- Edition
- Final English sector guidance collection through August 2026 (17 documents)
- Locator
- TNFD additional sector guidance for Mining and Metals, Section 3.2/3.3 sector metric table, MM.A21.0, p. 89: "Report the total financial provisions allocated for mine closure, rehabilitation, and ongoing environmental and socioeconomic monitoring at priority locations, broken down by type of financial instrument used and specifying whether values are discounted or undiscounted, in accordance with local regulatory requirements." | Page 89, sector metric table, MM.A21.0
Supports: The official TNFD sector guidance supports the identity, boundary and method basis of “Financial provisions for mine closure, rehabilitation and ongoing monitoring”.
Open official source
Use with context
Interpretation boundaries
Method disclosures required
Source-edition basis: TNFD sector guidance, Final English sector guidance collection through August 2026 (17 documents).
- Identify each priority location included in the disclosure.
- Disclose the type of financial instrument used for each provision.
- State whether each reported provision is discounted or undiscounted.
- Disclose the applicable local regulatory requirements used to determine the provision.
- State the reporting currency for each monetary field.
- Describe the basis used to allocate provisions among closure, rehabilitation, environmental monitoring, and socioeconomic monitoring where a provision covers more than one purpose.
Record-specific limitations
- The source does not prescribe a common reporting currency or a standardised discount rate.
- Comparability may be affected by local regulatory requirements, provision recognition rules, financial instrument structures, and whether amounts are discounted or undiscounted.
- The metric is limited to priority locations identified by the reporting organisation.
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.