Evidence map›Paper›PMID 41146713›Full record

ReviewiScience2025

Unlocking private finance for nature: Addressing barriers and reframing risk-return dynamics.

Hassan Aftab Sheikh, Divya Narain, Clint Bartlett, Christophe Christiaen

Abstract readReview
In one paragraph

Review in iScience, 2025. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 1 paper.

0numbers the graph read from it
0cells of the map it votes in
1citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

1 citing paper in PubMed.

  1. Article
4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

4 authors.

Hassan Aftab SheikhSmith School of Enterprise and the Environment, University of Oxford, Oxford OX1 3QY, UK.
Divya NarainSmith School of Enterprise and the Environment, University of Oxford, Oxford OX1 3QY, UK.
Clint BartlettUnited Nations Development Programme, London, UK.
Christophe ChristiaenSmith School of Enterprise and the Environment, University of Oxford, Oxford OX1 3QY, UK.

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

Public finance alone is insufficient to meet the scale of investment required for nature protection, restoration, and sustainable management. Mobilizing private capital is therefore essential, yet most nature-related projects are perceived as unbankable. They sit at the frontier of bankability: nascent and unproven initiatives that lack historical track records, face high execution risks, and generate uncertain or delayed revenues. This misalignment is compounded by investor behavior, as most financiers demand commercial rates of return, standardized transactions, and short payback periods. Even though investors differ in their appetite for risk, nature projects rarely meet these thresholds. Through a systematic review of literature across five ecosystems and three intervention types, this review identifies persistent barriers: limited financial returns, high risk, high transaction costs, and undervaluation of nature. We note that enabling conditions such as blended finance, risk-sharing instruments, and supportive regulation exist; however, we argue that reframing risk-return dynamics is critical to unlock scalable private finance for nature.

Indexed as

EconomicsEnvironmental scienceNatural resourcesNature conservation

Identifiers

PMID41146713
PMCPMC12554147

What OpenQuestion holds

Textmetadata
LicenceCC BY
Read underepoch 390

Registered trials

None linked

Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.