Fri, 28 August 2026
13:00 - 13:45
Your event link is available via IOB Learn
Fri, 28 August 2026
13:00 - 13:45
Your event link is available via IOB Learn
This event explores the growing intersection between natural capital, biodiversity, and financial markets through two compelling perspectives.
Local Lake (Part1):
Lough Neagh is the largest freshwater lake in the UK and Ireland. However, it is turning green, choked by recurrent, toxic cyanobacterial harmful algal blooms that threaten public health, local recreation, and commercial fisheries. This is more than just an ecological tragedy; it represents the severe economic depreciation of a massive natural capital asset.
To address this crisis, we explore how to apply site-level economic valuation to quantify the lake's total economic and natural capital asset value, identifying which specific ecosystem services are most critical to preserve.
Global Markets (Part 2):
Such localized ecological realities lead us to ask how nature-related transition risks reverberate across international capital markets. We firstly investigate whether emerging biodiversity-themed exchange-traded funds can deliver a "dual win", functioning as effective market-linked vehicles that track broad benchmarks without sacrificing risk-adjusted returns. We secondly move to agricultural derivatives, where we examine whether daily biodiversity news sentiment actually influences the term structure of commodity futures.
Ultimately, we seek to understand if global financial markets are actively pricing long-term, nature-related transition risks directly into forward pricing structures.
This event will automatically close midnight the day before or if its fully booked
There is 0.5 CPD hours available for the holders of the following designations:
QFA (Savings and Investments only)
CPD Member (Savings and Investments only)
RS CPD Member (Savings and Investments only)
Licentiate of Compliance Institute
Professional Banker
Chartered Banker
Certified Bank Director
Certified Investment Fund Director
Fellow of Compliance Institute (Compliance)
Wealth Management Professional
Certified Sustainable Finance Compliance Professional
Accredited Professional Pension Trustee (Savings & Investments )
Accredited Funds Professional
Dr Samuel Cheng is an environmental economist and a Research Fellow at QUB. His experience covers applied microeconomics, with particular emphasis on impact evaluation of conservation programmes, valuation of environmental goods and spatial analysis. Samuel obtained his PhD in Agricultural, Environmental and Development Economics from The Ohio State University.

Dr Fearghal Kearney, Queen’s Business School Dr Fearghal Kearney is a Reader in Finance at Queen’s Business School, Queens University Belfast. Fearghal's research primarily focuses on financial markets, financial technology, and nature finance. His research is currently being funded by Horizon Europe, UKRI and NERC. His work has appeared in leading outlets including the Journal of Finance, Journal of Financial Markets, Journal of Banking and Finance, Journal of Empirical Finance, Risk Analysis, and the Journal of Economic Dynamics and Control.

Dr Junyu Zhang is a Research Fellow at Queen's University Belfast. His research interests cover financial derivatives, sustainable finance, and capital asset pricing. He obtained his PhD in Finance from the University of Otago, New Zealand. His current research examines how financial markets can contribute to biodiversity conservation and nature-positive investment, drawing on advanced quantitative and econometric methods. He has published in international finance journals, including Finance Research Letters and Journal of Forecasting.
