Pictet Asset Management has joined a biodiversity research programme being overseen by the Stockholm Resilience Centre (SRC) and funded with around €5m from the Swedish Foundation for Strategic Environmental Research (Mistra).
The Mistra biodiversity finance programme (BIOFIN) aims to help accelerate efforts to integrate consideration of biodiversity and climate resilience into financial decision-making.
Beatrice Crona, professor at the SRC and a senior scientific advisor to the programme said: “The financial system is a major force in undermining biosphere resilience, but it also has the potential to promote and restore nature.
“Different financial actors have different roles to play in the transformation to nature positive future, and we will develop a range of tools and strategies that will help them realise their potential.”
