Professor Péter Csóka, head of the doctoral school, professor of finance and game theory discusses how financial theoretical models can be applied to nature-based solutions. Professor Francisco Tortosa, Zoology Professor explains the trade-offs of lost ecosystem services that impact different stakeholders of solar projects. The discussion is followed by Tamara Murillo, PhD student in education, sociology, biologist by training. Breaking multidisciplinary barriers is not always easy.
The BioSolar project coordinator and principal investigator Prof. Francisco Tortosa, Zoology Professor at the University of Córdoba chaired the sessions to bridge natural science with finance in the multidisciplinary workpackages. We explored the defintions of biodiversity risk, the trade-off in NbS, and biodiversity goals from the perspective of the different disciplines.
The project team in Hungary met for the first meet up of the BioSolar project, to discuss work stream and different tasks. We look forward to the three year international project to tackle biodiversity finance.
The BioSolar project explores how renewable energy investments can go beyond reducing carbon emissions to also deliver tangible biodiversity benefits. Funded under the Horizon Europe and Biodiversa+ programme, the initiative brings together universities, research centres, and industry partners from across Europe and Canada. Its central mission is to design and test innovative ways of developing solar farms that balance clean energy generation with ecological restoration, ensuring that solar investments also become biodiversity-positive projects.
The Sustainable Finance Research Centre leads the financial work package of the project. Our role is to develop financial tools and frameworks that guide investors, policymakers, and companies in allocating capital to solar projects that support biodiversity. This involves analysing trade-offs between maximising energy output and enhancing ecological value, and ensuring that ecosystem services such as pollination, soil quality, and habitat connectivity are maintained. By integrating finance and ecology, BioSolar aims to set a new benchmark for nature-positive renewable energy development.