Published 2021-10-18

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Mistra’s call inspires research in the UK

Mistra opened its new call, Biodiversity and the Financial System, earlier this autumn. The preparatory work for the call has now inspired additional research in the area.

The purpose of Biodiversity and the Financial System is to bridge critical gaps in research and facilitate adaptation of the financial system so that biodiversity can be preserved and restored. The call was based on the background report, Aligning Markets with Biodiversitywhich Mistra published in June and was written by a panel of international experts.

Work on the report has now led to investment in a UK research fellowship in this area. The Natural Environment Research Council and the Finance for Biodiversity initiative are joining forces to offer funding for research relevant to the priorities identified by the Task Force on Nature-related Financial Disclosures.

Simon Zadek, Chair of Finance for Biodiversity, led the work on Aligning Markets with Biodiversity.

Simon Zadek, Chair of Finance for Biodiversity, commented on the background report when it was published, “For biodiversity to be a sustainable foundation for the global economy, we must better understand its dynamics – now and in the future. To build this understanding, we need to support innovative research that brings together and applies knowledge at the forefront of economics, finance, biodiversity and computer science.”

The expert panel who wrote the background report, Aligning Markets with Biodiversity, was composed of Simon Zadek, Finance for Biodiversity, Charlie Dixon, Vivid Economics, Andreas Merkl, Finance for Biodiversity, Mia Pantzar, independent policy analyst, Thomas Kastner, Senckenberg Biodiversity and Climate Research Centre and Nataliya Tkachenko, Sustainable Finance Programme, University of Oxford.

Mistra organised a webinar, The Missing Link, in association with the launch of the report.