ECOLEC Special Issue

ECOLEC Special Issue

Ecological Economics

Ecological Economics

The transdisciplinary journal of the International Society for Ecological Economics (ISEE)

ISSN 0921-8009 (print), 873-6106 (online)

Stefan Baumgärtner
Begüm Özkaynak

Ecological Economics invites contributions for a special issue on Biodiversity and Finance: Risk, Disclosure and Double Materiality; guest edited by Ben Groom (University of Exeter, LSE Grantham), Mark Freeman (University of York), and Matthew Agarwala (University of Cambridge).


This special issue will investigate the way in which material nature-based risks are reflected in financial assets including sovereign debt, and the impact of investments and corporate activities on nature, biodiversity, and ecosystem service. The special issue will evaluate the extent to which these dual aspects of nature-based risks, the double materiality, can be adequately reflected and whether mechanisms such as disclosure (e.g. via the Taskforce for Nature Related Financial disclosures (TNFD) or Taskforce for Climate-Related Financial Disclosures (TCFD)), ESG and other ratings, can influence the allocation of capital to lessen the effect of economic activity on nature and biodiversity and induce sustainability. We invite empirical, theoretical, and think-piece papers on all aspects concerning biodiversity and the financial sector ranging from the perceptions and demands of individual investors, the role of asset managers, the metrics with which nature-based risks are measured, the implications for portfolio management and the legality of focusing on ESG criteria rather than the more narrow fiduciary duties of companies and asset managers of maximizing financial returns for shareholders and investors.


The special issue is open for submission starting from 1st October 2022. The deadline for submissions is 31st December 2022.

Submissions must be made through the journal’s online submission platform Editorial Manager

We aim for publishing accepted publications from September 2023.

Preparing Contributions:

Contributions to the special issue may be Analysis, Survey, Commentary, or Book Review, as described in the Guide for Authors (

All contributions to a special issue must be prepared according to the journal’s Guide for Authors.

Review Process:

All contributions will go through the normal peer-review process and are expected to at least meet, if not exceed, the usual quality standards of articles published in Ecological Economics. This includes the possibility that a given contribution will not be published if it is found to be not suitable.

Publication Format:

Special issues are published as virtual special issues. Each paper is published as soon as the proof is corrected in the next available regular issue, with an imprint indicating that it is part of a special issue. Simultaneously all special-issue articles are gathered together in an online-only grouping for the special issue itself.

On ScienceDirect, the special issue is set up under the heading Article Collections and filled with special issue articles one by one, as they are published. The special issue becomes visible to end-users once the first article is linked to the special issue, rather than waiting for all papers to be finalised before they can be compiled.

Examples of previously published special issues can be found at


For questions, contact any of the Guest Editors:

Ben Groom:
Mark Freeman:
Matthew Agarwala:


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