At FinBio, we connect finance and biodiversity through innovative research that drives real-world change. Explore our collection of published reports, from annual summaries to in-depth scientific studies that highlight our research.

Mistra FinBio Annual report 2024
So much fantastic work happened in FinBio in 2024! This year, we strengthened investor engagement, advanced research, and contributed to critical policy discussions—bringing us closer to aligning finance with nature
Read about our inmpact in our annual report
“As the policy landscape experiences some turbulence, we will work hard to provide scientifically based and applicable tools that can guide investors and corporations towards nature-positive, long-term business outcomes.”
– Beatrice Crona, Senior Scientific Advisor

Doing Business Within Planetary Boundaries
Businesses and investors can play a key role in addressing the climate and nature crisis. But this calls for a shift in practices to measure corporate activities based on what really matters for the health of the planet, according to the report “Doing business within planetary boundaries“.
By anchoring corporate activities in the scientifically developed planetary boundaries framework, businesses can be drivers of transforming societies towards sustainability. But this calls for having full and accurate information about corporate environmental performance.

Redirecting Flows – Navigating the Future of the Amazon
The Amazon Basin, and the Latin America and Caribbean (LAC) region, stands at a critical juncture, grappling with pressing environmental challenges while holding immense potential
for transformative change through innovative solutions. This report illuminates the diverse landscape of social-ecological issues, technological advancements, community-led initiatives, and strategic actions that could help foster biosphere-based sustainability and resilience across the region.

Investment Treaties and the Threat to Biodiversity
Protecting biodiversity will require the phase-out of harmful production at a large scale. However, some of these stranded investments will be foreign-owned, and can therefore be protected by the more than 2 600 investment treaties that are in force worldwide. The compensation requirements that these treaties impose are often alleged to dissuade host countries from undertaking desirable policy measures that harm foreign investor interests. This paper seeks to identify the countries, and the bilateral investment treaties they are parties to, that pose the most severe threat to biodiversity protection.

Mistra FinBio Annual report 2023/2022
”Reflecting on the first year of Mistra FinBio, I am pleased with the growth of our research team, the breadth of activities we are undertaking, and the rapidly expanding interest around finance and biodiversity.”
– Garry Peterson Program Director Mistra FinBio
Since the program started in November 2022 our researchers and partners have published several scientific publications, created reports and whitepapers and participated in numerus events around the globe.

Costing the Earth: measuring corporations’ impact on biodiversity loss
White paper by Pictet Asset Management with input from FinBio, introducing the Earth System Impact (ESI) model – a prototype biodiversity loss measurement tool developed by FinBio researchers.
Read more and download the white paper (select “Institutional investor”)