The FiNaClim-SD research project explores transition pathways to net-zero/nature-positive (NZNP) futures in the context of sustainable development objectives. In doing so, it aims to gather, synthesise, and translate the state of knowledge related to transition risks in the nexus of 3 disciplines: finance, nature, and climate change. The finance-nature-climate nexus brings about the transition risks and risk cascades that differ from climate-financial risks emerging from a carbon-focused transition only. It is therefore critical to understand how and in which cases alignment with “nature positive” further constrains or expands the climate solution space, and vice versa, while also ensuring that socioeconomic development and human welfare needs are met. What does a net-zero/nature-positive future look like? What are the financial risks that result from integrating net-zero and nature-positive objectives? What knowledge gaps need to be filled by future research? The FiNaClim-SD project draws on the experiences of climate transition risk frameworks and extends them to include broader nature/biodiversity components. It aims to synthesise and translate the literature and science behind modelled scenarios and integrated assessment models (IAMs) to explore how nature is represented, depicted, and described in climate-sustainability transition scenarios. Alongside conducting a literature review, the FiNaClim-SD project also incorporates insights from two stakeholder workshops and a survey conducted with scenario developers. Outputs of this project intend to facilitate the integration of scientific knowledge into financial institutions’ strategies, thus enabling them to anticipate, assess, and manage risks related to nature and climate, while also considering sustainable development objectives. The aim is to inform corporate and financial actors on the use and applicability of transition scenarios and to develop capabilities for identifying transition risk channels to financial institutions. As such, the project’s findings are primarily intended to be useful to the financial sector in general, including financial institutions, regulators and policymakers seeking to understand the nature-climate exposure of the financial institutions.