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Increasing human population, deforestation and man-made climate change are likely to exacerbate the negative effects on freshwater ecosystems and species endangerment. Consequently, the biodiversity of freshwater continues to dwindle at an alarming rate. However, this particular topic lacks sufficient attention from conservation ecologists and policymakers, resulting in a dearth of data and comprehensive reviews on freshwater biodiversity, specifically. Despite the widespread awareness of risks to freshwater biodiversity, organized action to reverse this decline has been lacking. This study reviews prospective conservation and management strategies for freshwater biodiversity and their associated challenges, identifying current key threats to freshwater biodiversity. Engineered nanomaterials pose a significant threat to aquatic species, and will make controlling health risks to freshwater biodiversity increasingly challenging in the future. When fish are exposed to nanoparticles, the surface area of their respiratory and ion transport systems can decline to 60% of their total surface area, posing serious health risks. Also, about 50% of freshwater fish species are threatened by climate change, globally. Freshwater biodiversity that is heavily reliant on calcium perishes when the calcium content of their environments degrades, posing another severe threat to world biodiversity. To improve biodiversity, variables such as species diversity, population and water quality, and habitat are essential components that must be monitored continuously. Existing research on freshwater biota and ecosystems is still lacking. Therefore, data collection and the establishment of specialized policies for the conservation of freshwater biodiversity should be prioritized., (Copyright © 2022 Elsevier Inc. All rights reserved.)