This first Impact Research Series summarizes research conducted on the topic of biodiversity across various initiatives supported by MRC. Three papers are summarized throughout the document. The first paper discusses biodiversity finance in the specific context of blended finance and was produced as part of MRC’s collaboration with Columbia’s Sustainable Investing Research Initiative (SIRI) at Columbia University’s School of International and Public Affairs (SIPA). The second paper explores how biodiversity risks can affect asset prices and was created as part of MRC’s collaboration with the Impact Investing Chair at the National School of Statistics and Economic Administration of Paris (ENSAE Paris), building on research conducted at the Center for Research in Economics and Statistics (CREST). Finally, this IRS #1 summarizes the research conducted by the Fondation pour la Recherche sur la Biodiversité (FRB) on biodiversity risk assessment and mitigation methods for wind turbines. The series concludes with a discussion of how investment teams leverage research and academic insights from Mirova’s Research Center to enhance their decision-making capabilities.