Summary
- As a consulting project for a donor, Giving Green has identified opportunities where philanthropic funds can make an outsized impact on reducing global biodiversity loss.
- The biodiversity financing gap highlights the importance of spending limited philanthropic funds to achieve outstanding impacts.
- On land and in freshwater ecosystems, we recommend that donors support alternative proteins and wetland protection.
- For marine biodiversity, we recommend that donors support bycatch mitigation and innovation for alternatives to fish meal and fish oil.
- We recommend that donors who are primarily interested in reducing biodiversity loss follow our recommendations for reducing land use change and overfishing. However, donors who care about both biodiversity and climate change could consider donating to the Giving Green Fund or directly supporting Top Climate Nonprofits.
Introduction
At Giving Green, we focus on directing funding toward highly effective climate mitigation strategies. Last year, however, a donor approached us with an opportunity to use our research methods to identify where limited philanthropic dollars could have an outsized impact on reducing global biodiversity loss.
We’re thrilled to finally share our learnings from this consulting project in our new strategy report on Reducing Biodiversity Loss. As a result of our research, the donor who backed this project donated a total of $1,830,000 USD to the high-impact biodiversity nonprofits we identified.
We’re grateful that the donor agreed to make this research public to help guide other donors and grantmakers in the biodiversity space towards high-impact solutions and nonprofits.
Before we go further, we want to make it clear that addressing climate change remains at the heart and soul of Giving Green’s mission. Our research into high-impact climate giving strategies and Top Climate Nonprofits remains our priority, and 100% of donations to the Giving Green Fund will continue to fund climate solutions.
For now, this biodiversity research is purely educational and advisory in nature. One day, if we receive enough interest and demand, we may consider starting a separate biodiversity fund informed by this workstream.
Why we identify biodiversity priorities
Healthy ecosystems are important for humanity’s flourishing, as nature is responsible for valuable ecosystem services such as pollination, carbon storage, food, climate regulation, and flood prevention. Regardless, the extent and condition of natural ecosystems have declined by 47% since their earliest estimated states, and so have indicators for 23 out of 27 ecosystem services.
The financing gap to reach globally agreed biodiversity targets is immense at more than $700 billion USD per year. Philanthropy—which is only a small part of all biodiversity financing—only comes in at roughly $2 billion per year. This implies that we’re unlikely to solve biodiversity by simply donating more: we need to think strategically about how we can allocate our limited biodiversity-earmarked resources to have maximum impact.
As previously argued on this forum by David Goodman, even if we don’t meet the biodiversity financing gap, total biodiversity funding is a non-trivial amount. If we can (re)direct only a part of that funding towards high-impact solutions we could make considerable progress on this issue.
The goal of our report is to help prioritize funds that are earmarked for biodiversity conservation. We’re not making any claims around how biodiversity conservation relates to climate change or other cause areas in terms of importance, tractability, and neglectedness.
How we approached prioritizing levers to address biodiversity loss
Biodiversity is an inherently multidimensional issue that can’t be quantified well. When we evaluate climate change mitigation strategies and nonprofits, we can usually use greenhouse gas emissions as a reasonably good proxy to compare the scale of different strategies. Unfortunately, there are no straightforward “units of biodiversity” that allow us to compare the scale or importance of biodiversity interventions.
To overcome this issue, we first subdivided biodiversity into multiple realms (terrestrial, marine, and freshwater) and the “direct drivers” of biodiversity loss. The “direct drivers” are land/sea use change (e.g., deforestation for agriculture), direct exploitation (e.g., hunting and fishing), pollution, climate change, and invasive species. Academic literature (notably Jaureguiberry et al., 2022) aggregated site-specific comparisons of these drivers to identify the most dominant drivers globally. We prioritized the drivers that rank highest on dominance.
Recommendations for biodiversity on land and in fresh water
For biodiversity on land, we recommend donors to focus on reducing land use change from agricultural expansion. Land use change is the most dominant driver of terrestrial biodiversity loss. Habitat destruction threatens 85% of endangered or vulnerable species that live on land, making it by far the most common threat to terrestrial species. We expect future land use change to come from land-intensive agricultural products like animal proteins. For donors, the following impact strategies stand out as especially promising:
Advocating for alternative protein policy and research can make these products as tasty and cheap as conventional meat, which has the potential to reduce the expansion of croplands by 82% by 2050.
Protecting sensitive and unique habitats at scale, such as wetlands, which, despite accounting for just 10% of the total global land surface, are where up to 40% of the world’s species live and breed. Protecting these ecosystems could help conserve the most valuable habitats from conversion in the short term until land-use pressures are solved.
Recommendations for marine biodiversity
For marine biodiversity, we recommend that donors focus on reducing ecosystem damage from fishing. The fishing sector is the leading driver of marine biodiversity loss. For donors, the following impact strategies stand out as especially promising:
- Developing and implementing improved fishing gear can help reduce bycatch, the unintended capture of non-target species such as dolphins or seabirds.
- Supporting innovation for alternatives to fish meal and fish oil (FMFO) can reduce the quantities of forage fish caught by up to 13% by reducing the need for wild-caught fish for aquaculture.
Our Top Biodiversity Nonprofits
In our research, we identified two Top Biodiversity Nonprofits that we’re really excited about. Both work on lowering biodiversity loss on land and in freshwater habitats.

The Good Food Institute (GFI) is a global nonprofit that seeks to make alternative proteins competitive with conventional proteins in terms of price and taste via science, policy, and industry workstreams. By lowering livestock production and the land it requires, GFI’s work to advance alternative proteins can help reduce future habitat loss.

Wetlands International is a global nonprofit organization working to safeguard and restore wetlands for their environmental value and ecosystem services. Wetlands International’s work to conserve and restore wetlands at scale is important for protecting the ecosystem services they provide and the species that depend on them.
Unfortunately, we didn’t identify top nonprofits working on addressing marine biodiversity loss, but we did work with our donor to make one-off grants to two initiatives that address marine biodiversity loss:
How does climate change relate to biodiversity?
Climate change is the fourth leading driver of biodiversity on land and in freshwater ecosystems, and the second-largest in the oceans. As the planet continues to warm, the damage done to ecosystems will rise exponentially along with global temperatures, making climate change a more dominant threat in the years to come.
We recommend that donors who are primarily interested in reducing biodiversity loss follow our recommendations for reducing land use change and overfishing. However, donors who care about both biodiversity and climate change could consider donating to the Giving Green Fund or directly supporting Top Climate Nonprofits. In this context, alternative protein policy and research stands out as especially promising, since this strategy addresses both greenhouse gas emissions and habitat loss.
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Hi Soem.
What exactly do you mean by "reducing global biodiversity loss"? Decreasing the number of species going extinct? If so, are you overwhelmingly focussing on invertebrates and plants, which account for the vast majority of species?
Have you considered incorporating some considerations related to increasing welfare in your research on reducing biodiversity loss?
Giving Green are welcome to correct me on this (I'm invoking Cunningham's law here) -- the impression I got from their strategy report is "this isn't that straightforward to answer"
Why not just pick number of species going extinct? My guess is the argument across these scattered quotes from Founders Pledge's guide to ecosystem philanthropy, cited in GG's report:
also re: your 2nd question, FP's guide also has a short section on how they're "uncertain about any particular prioritization (of ecosystem protection based on reducing animal suffering) at this point", due to population ethics dilemmas and uncertainty over whether wild animal lives "are on net lives of suffering", and I'm guessing GG's report implicitly adopts this stance.
Couldn't have summarized it better myself. Thanks, Mo!
I'm sympathetic to the idea that the welfare of wild animals matters for biodiversity work. In the end, we decided to base or prioritization on David's scores based on multiple biodiversity indicators rather than wild animal welfare, because the latter lens comes with empirical and moral uncertainty. (Such as the population effects that Mo mentioned and which you frequently write about.)
Nonetheless, I think some interventions we consider, such as alternative proteins, bycatch mitigation, and fish meal reliance can also benefit (wild or farmed) animals, albeit not per se in the most cost-effective way.
Thanks for the follow-up, Soem.
I think it is important to explicitly give weight to welfare considerations. I do not expect any of the above to robustly increase welfare. However, discussing them in the context of increasing welfare could contribute towards strengthening the wild animal welfare movement.
Thanks for the detailed clarification, Mo.