This policy brief is the result of a study conducted to assess Madagascar's preparedness for nature-related financial disclosures. Through this study, the Malagasy government, with the support of UNDP-BIOFIN, has clarified the roles of the different financial authorities in nature-related financial disclosure, identified the public bodies best placed to collect information on biodiversity-related financing and risks from companies, and assessed the current state of impact or CSR reporting practices of Malagasy companies. Although the study shows that Madagascar is not very advanced in this area, stakeholders (government, partners, private sector, etc.) are aware of the importance of taking progressive steps towards greater transparency in order to preserve Madagascar's unique biodiversity.
