The biodiversity–finance nexus: a future research agenda

Abstract

The intersection of biodiversity and finance represents a burgeoning area of research with significant implications for sustainable development. Our synthesis of existing research reveals a fragmented field characterised by theoretical and review-based studies, but with a notable scarcity of empirical research. To address this gap, we propose five thematic pathways for future research: corporate and financial biodiversity strategies, measurement and reporting, stakeholder and sectoral engagement, foundational approaches for actionable solutions, and empirical insights through case studies. These pathways provide a roadmap for advancing the integration of biodiversity and finance, emphasising the necessity for multidisciplinary and data-driven approaches to foster transformative change and mitigate biodiversity loss through financial mechanisms.