Financing Nature Based Solutions

This book presents new research on innovative financial instruments and approaches available to implement nature-based solutions (NBS) at various scales and in different contexts. Despite knowledge of the multiple benefits NBS provide, a key barrier to their wide-spread adoption is a lack of knowledge over their financing, in particular, who should pay for an NBS and how it can be financed. The book explores a variety of public, private, and blended finance models and their applicability in developing NBS across terrestrial and marine ecosystems, involving multiple stakeholders, and in jurisdictions of varying climates and income levels. Furthermore, the book provides case studies of the innovative financing of NBS with best practices identified. This book is of interest to environmental planners, resource conservation managers, policymakers, international companies and organizations, environmental NGOs, researchers, and graduate and undergraduate students interested in NBS.

Nature-Based Solutions and Water Security: An Action Agenda for the 21st Century presents an action agenda for natural infrastructure on topics of standards and principles, technical evaluation and design tools, capacity building and innovative finance. Chapters introduce the topic and concepts of natural infrastructure, or nature-based solutions (NBS) and water security, with important background on the urgency of the global water crisis and the role that NBS can, and should play, in addressing this crisis. Sections also present the community of practice’s collective thinking on a prioritized action agenda to guide more rapid progress in mainstreaming NBS. With contributions from global authors, including key individuals and organizations active in developing NBS solutions, users will also find important conclusions and recommendations, thus presenting a collaboratively developed, consensus roadmap to scaling NBS. Covers all issues of water security and natural infrastructures Presents a comprehensive state of synthesis, providing readers with a solid grounding in the field of natural infrastructures and water security Includes a fully workable and intuitive roadmap for action that is presented as a guide to the most important actions for practitioners, research questions for academics, and information on promising careers for students entering the field

This book provides a systematic review of nature-based solutions and their potential to address current environmental challenges. In the 21st century, society is faced by rapid urbanisation and population growth, degradation and loss of natural capital and associated ecosystem services, an increase in natural disaster risks, and climate change. With growing recognition of the need to work with ecosystems to resolve these issues there is now a move towards nature-based solutions, which involve utilising nature’s ecosystem to solve societal challenges while providing multiple co-benefits. This book systematically reviews nature-based solutions from a public policy angle, assessing policy developments which encourage the implementation of nature-based solutions to address societal challenges while simultaneously providing human well-being and biodiversity benefits. This includes enhancing sustainable urbanisation, restoring degraded ecosystems, mitigating and adapting to climate change, and reducing risks from natural disasters. While nature-based solutions can be applied strategically and equitably to help societies address a variety of climatic and non-climatic challenges, there is still a lack of understanding on how best to implement them. The book concludes by providing a best practice guide for those aiming to turn societal challenges into opportunities. This book will be of great interest to policymakers, practitioners and researchers involved in nature-based solutions, sustainable urban planning, environmental management, and sustainable development generally.

Over the past few decades, the frequency and severity of natural and human-induced disasters have increased across Asia. These disasters lead to substantial loss of life, livelihoods and community assets, which not only threatens the pace of socio-economic development, but also undo hard-earned gains. Extreme events and disasters such as floods, droughts, heat, fire, cyclones and tidal surges are known to be exacerbated by environmental changes including climate change, land-use changes and natural resource degradation. Increasing climate variability and multi-dimensional vulnerabilities have severely affected the social, ecological and economic capacities of the people in the region who are, economically speaking, those with the least capacity to adapt. Climatic and other environmental hazards and anthropogenic risks, coupled with weak and wavering capacities, severely impact the ecosystems and Nature’s Contributions to People (NCP) and, thereby, to human well-being. Long-term resilience building through disaster risk reduction and integrated adaptive climate planning, therefore, has become a key priority for scientists and policymakers alike. Nature-based Solutions (NbS) is a cost-effective approach that utilizes ecosystem and biodiversity services for disaster risk reduction and climate change adaptation, while also providing a range of co-benefits like sustainable livelihoods and food, water and energy security. This book discusses the concept of Nature-based Solutions (NbS) – both as a science and as art – and elaborates on how it can be applied to develop healthy and resilient ecosystems locally, nationally, regionally and globally. The book covers illustrative methods and tools adopted for applying NbS in different countries. The authors discuss NbS applications and challenges, research trends and future insights that have wider regional and global relevance. The aspects covered include: landscape restoration, ecosystem-based adaptation, ecosystem-based disaster risk reduction, ecological restoration, ecosystem-based protected areas management, green infrastructure development, nature-friendly infrastructure development in various ecosystem types, agro-climatic zones and watersheds. The book offers insights into understanding the sustainable development goals (SDGs) at the grass roots level and can help indigenous and local communities harness ecosystem services to help achieve them. It offers a unique, essential resource for researchers, students, corporations, administrators and policymakers working in the fields of the environment, geography, development, policy planning, the natural sciences, life sciences, agriculture, health, climate change and disaster studies.

Urban populations are projected to increase from 54% to 66% of the global population by 2050, with close to 90% of the increase concentrated in Asia and Africa. Cities and towns---a growing source of greenhouse gas emissions---will need to address challenges posed by climate change. A nature-based approach in identifying climate change vulnerabilities and developing relevant adaptation options was conducted in three towns of the Greater Mekong Subregion. Working with local governments, nongovernment organizations, women's groups, and professional associations, town-wide adaptation measures were defined by overlaying climate change projections on town plans and zoning schemes for strategic infrastructure. This publication captures valuable experience and lessons from the project.

This book is a product of the TEEB study (The Economics of Ecosystems and Biodiversity). It provides important evidence of growing corporate concern about biodiversity loss and offers examples of how leading companies are taking action to conserve biodiversity and to restore ecosystems. This book reviews indicators and drivers of biodiversity loss and ecosystem decline, and shows how these present both risks and opportunities to all businesses. It examines the changing preferences of consumers for nature-friendly products and services, and offers examples of how companies are responding. The book also describes recent initiatives to enable businesses to measure, value and report their impacts and dependencies on biodiversity and ecosystem services. The authors review a range of practical tools to manage biodiversity risks in business, with examples of how companies are using these tools to reduce costs, protect their brands and deliver real business value. The book also explores the emergence of new business models that deliver biodiversity benefits and ecosystem services on a commercial basis, the policy enabling frameworks needed to stimulate investment and entrepreneurship to realize such opportunities, and the obstacles that must be overcome. The book further examines how businesses can align their actions in relation to biodiversity and ecosystem services with other corporate responsibility initiatives, including community engagement and poverty reduction. Finally, the book concludes with a summary and recommendations for action.

Nature-Based Solutions for More Sustainable Cities makes a clear case of performances, impacts, and benefits generated by NBS in cities providing a comprehensive framework approach to understand the real and full potential of NBS at the urban level.