Professional summary

Natalie's research focuses on how to achieve high integrity outcomes from nature finance, with a particular interest in market-based instruments such as biodiversity credits. She is a researcher on the Integrating Finance & Biodiversity programme. This programme seeks to develop solutions for embedding biodiversity values into financial decision making. 

Natalie previously completed her PhD at the University of Oxford, where she investigated the ecological outcomes of Biodiversity Net Gain in England. Her research examined the limitations of the statutory biodiversity metric and how the outcomes of the offset market aligned with wider nature recovery targets. Natalie was named on the 2025 ENDS Power List of the most influential environmental professionals in the UK. 

Other Publications

Duffus et al. (2025) Leveraging Biodiversity Net Gain to address invertebrate declines in England. Insect Conservation and Diversity. https://doi.org/10.1111/icad.12820 

Duffus et al. (2025) A globally influential area-condition metric is a poor proxy for invertebrate biodiversity. Journal of Applied Ecologyhttps://doi.org/10.1111/1365-2664.70166

zu Ermgassen et al. (2026) Five rules for scientifically credible nature markets. Nature Ecology & Evolution. https://doi.org/10.1038/s41559-025-02932-z

Miles et al. (2025) An influential biodiversity market may not direct investment toward habitats of national importance. Conservation Science & Practice. https://doi.org/10.1111/csp2.70199

Troiano et al. (2026) Can biodiversity markets deliver inclusive and collaborative nature recovery? Lessons from different habitat banking models in England. Environmental Policy and Governance. https://doi.org/10.1002/eet.70077