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The Taskforce on Nature-related Financial Disclosures reports 836 organisations now publicly align with its framework – a concrete adoption marker ahead of CBD COP17. But adoption numbers mask a harder truth: banks continue financing nature-damaging sectors at scale. This is the gap between disclosure and actual capital allocation that matters. TNFD's growth shows the framework is gaining traction among larger firms willing to report. Yet simultaneous research flagging trillions flowing into destructive activities reveals the core problem: reporting compliance and financing behaviour remain decoupled. Organisations can disclose nature risks while their capital partners fund the damage. The question isn't whether disclosure frameworks work – it's whether they drive real divestment from nature-harming activities, or simply give financial institutions a veneer of accountability whilst their lending patterns stay intact. Before COP17, this tension deserves scrutiny. Are TNFD adopters actually rewarding capital stewards who back out of destructive sectors, or just demanding they measure and report what they're already doing?