Mistra FinBio (Mistra Biodiversity Finance Programme) programme aims to increase the financial sector’s ability to contribute to a “nature positive” economy. To do this, the programme will develop methods and indicators to identify business models that protect existing biodiversity, as well as business methods to improve it. The programme will consider ethical aspects and governance issues linked to the pricing of biodiversity. Synthesising the lessons of previous and ongoing market initiatives and investigating future risks and opportunities will also be part of its work. Mistra FinBio gathers researchers from disciplines that rarely collaborate, including computational biology and bioinformatics, ecology and systematics, financial and business economics and philosophy.
“The financial system contributes to undermining the resilience of the biosphere, but also has the potential to provide important leverage for positive change, by promoting and restoring the lifestyle structure that supports human welfare. Mistra BIOFIN will develop tools and strategies that can help investors meaningfully integrate the complexity of the biosphere in financial decision-making and explore new and alternative models for nature positive financing,” says Garry Peterson, Professor of Environmental Science at the Stockholm Resilience Centre and Programme Director for Mistra FinBio.