Interdisciplinary researcher · Author · Consultant

Following the money behind industrial animal agriculture.

Dr Divya Narain researches Food Systems Finance: the capital behind industrial animal agriculture, and its consequences for the climate.

PhDUniversity of Queensland
Post-docUniversity of Oxford
Lead AuthorIPBES Business and Biodiversity Assessment
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Food Systems Finance✦Climate Change✦Industrial Animal Agriculture✦ Food Systems Finance✦Climate Change✦Industrial Animal Agriculture✦

Profile

Bridging research and advocacy

Divya Narain's research asks who funds industrial animal agriculture, what it costs the climate, and how that capital can be redirected. In 2024 she won a Burning Questions Fellowship from the Tiny Beam Fund to study the greenhouse gas lock-in created by development bank financing of industrial livestock in low-income countries. She has provided research support to the Stop Financing Factory Farming coalition.

She holds a PhD from the University of Queensland and a Master’s from the University of Oxford, where she completed a postdoctoral fellowship in 2024. Her research has been published in Nature Sustainability, Science, One Earth and Conservation Biology, covered by The Independent, Forbes, The Banker and The Conversation, and she was a Lead Author of the IPBES Business and Biodiversity Assessment.

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Journey

One thread — sustainable finance — from infrastructure to food

Current

Independent researcher and consultant

Food Systems Finance — climate change, industrial animal agriculture and finance

2024-25

Tiny Beam Fund Burning Questions Fellow

Development bank financing of industrial livestock and greenhouse gas lock-in in low-income countries

2024

Research Associate, Oxford Sustainable Finance Group

Catalysing nature finance — how public and development finance can mobilise private capital for nature

2022

PhD, University of Queensland

Biodiversity Risks and Safeguards of Global Infrastructure Finance: The Case of China's Belt and Road Initiative

Earlier

Senior Associate, Environmental Management Centre

Sustainability consultancy, Mumbai

Placeholder cover for Dismantling Big Livestock

Book

Dismantling Big Livestock

A Roadmap for Defunding Factory Farming

Routledge, spring 2027

Ten companies dominate the emissions of industrial animal agriculture. This book maps the finance that sustains them — shareholders, lenders, subsidies and development banks — and sets out how that capital can be withdrawn.

Visit the book website

Fellowships, grants and affiliations

Action-oriented research

Burning Questions Fellowship, 2024

Tiny Beam Fund

Climate Course Correction: how development banks lock low-income countries into industrial livestock, and what civil society can do about it.

Grantee

Climate Social Science Network

Research project on climate obstruction by the finance sector: how asset managers vote on climate resolutions at Big Livestock companies.

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