Elena was Policy Analyst at the LSE Grantham Research Institute, specialising in biodiversity and central banking. Currently, she is supporting the NGFS-INSPIRE Study Group to explore linkages between biodiversity loss and financial stability, specifically focussing on the role of central banks and supervisors.


Elena holds degrees in Economics from the University of Sussex and International Management from the London School of Economics and Political Science. Prior to joining the Institute, Elena led the UK Government’s ASEAN Low Carbon Energy programme focussing on green finance in Malaysia, notably collaborating with Capital Markets Malaysia to establish the Malaysian Sustainable Finance Initiative. Elena started her career as an associate economist at the Central Bank of Malaysia, where she was part of the Monetary Policy Department.

Research interests

  • Biodiversity loss and links to the financial system
  • Environmental considerations for central banking
  • Net zero/low carbon transition pathways for emerging and developing markets
  • Sustainable development


Research - 2022


Policy - 2023

Policy - 2022

This Final Report provides the conclusions of the NGFS-INSPIRE Study Group on Biodiversity and Financial Stability on the scale of the threats from 'biodiversity-related risk' to the global financial system, reviews the actions that central banks, supervisors and other financial actors are already taking in response, identifies policy options for evaluating and mitigating financial risks arising from biodiversity loss and makes recommendations for near-term action. Read more

Policy - 2021

This report is intended as a stocktake of the current context for central bank and financial supervisory action on biodiversity loss. It sets out the state of understanding on the linkages between biodiversity-related risks and financial stability, provides examples of emerging central bank and private finance activity, and identifies key themes, challenges and open questions. Read more


Books - 2022


Events - 2022


News - 2023

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