For the purpose of this background paper, we will align with the UN Convention on Biological Diversity’s (CBD) definition of biodiversity: “‘Biological diversity means the variability among living organisms from all sources including, inter alia, terrestrial, marine and other aquatic ecosystems and the ecological complexes of which they are part; this includes diversity within species, between species and of ecosystems.” The paper will explore research concerning the management, measurement, and governance of the “biodiversity-economy nexus”, using this definition as a guiding frame. The paper will in the first instance be concerned with biodiversity outcomes and their relationship with economic actors, institutions, and governance, as well as their representation in relevant metrics, data, and analytical techniques. In addition, the paper will consider the health and efficacy of natural support systems and ecosystems and their links with biodiversity depend (such as natural ecosystems), their relationship with economic actors, and so on. While rooted in the CBD’s definition, this also draws inspiration from the broader range of definitions offered in the literature for biodiversity, nature, and natural capital.