Best Practices and Conclusion

Robert C. Brears ()
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Robert C. Brears: Our Future Water

Chapter Chapter 12 in Financing Nature-Based Solutions, 2022, pp 265-278 from Palgrave Macmillan

Abstract: Abstract Despite knowledge of the multiple benefits nature-based solutions (NBS) provides, a critical barrier to their widespread adoption is a lack of knowledge over their financing, particularly who should pay for an NBS and how it can be financed. Furthermore, financing NBS is challenging as the solutions are highly context-specific. The result is a gap between current investments in NBS and what is required for the world to meet various climate change, biodiversity, and land degradation targets. Nonetheless, a range of innovative financial instruments and approaches are available to implement and mainstream NBS at various scales and in different contexts to close this gap. Specifically, public, private, and blended financing tools are available to develop NBS across terrestrial and marine ecosystems, involving multiple stakeholders and in jurisdictions of varying climates and income levels. Based on the case studies, the following best practices have been identified for other regions of the world implementing NBS to societal challenges.

Keywords: Debt-for-nature swaps; Market-based instruments; Green debt financing; Payments for ecosystem services; Biodiversity offsets; Public–private partnerships; Voluntary carbon markets (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psifcp:978-3-030-93325-8_12

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DOI: 10.1007/978-3-030-93325-8_12

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