Nature-Based Solutions as a Tool in the New Circular Economic Model for Climate Change Adaptation

Alexandros I. Stefanakis (), Cristina S.C. Calheiros and Ioannis Nikolaou
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Alexandros I. Stefanakis: Technical University of Crete
Cristina S.C. Calheiros: University of Porto, Novo Edifício do Terminal de Cruzeiros do Porto de Leixões
Ioannis Nikolaou: Democritus University of Thrace

Circular Economy and Sustainability, 2021, vol. 1, issue 1, 303-318

Abstract: Abstract While our modern global society enjoys the benefits of an economic growth that was never seen before, at the same time, it is facing the existential threat of climate change. We now realize that the linear economic model cannot sustain our life standards indefinitely. A new circular approach is already suggested that will adjust our priorities and re-orient future infrastructure investments. In this context, we look back to nature to find the solutions we need to increase the resiliency of our societies, to protect and restore the ecosystems, and to maintain the necessary economic growth without further undermining the planet’s boundaries. Nature-based solutions serve exactly this ambitious and multi-factorial purpose due to their inherent ability not only to tackle climate change but also to provide a series of ecosystems services and social benefits. This opinion paper discusses the potential of nature-based solutions to stimulate a circular model of economic growth, their contribution to new circular strategies for climate change adaptation, the various benefits of such concepts, and the key actions needed to increase the awareness and attract more investments on nature-based approaches in the near future.

Keywords: Green infrastructure; Nature-based solutions; Economic growth; Sustainable development; Climate change adaptation; Climate change mitigation; Greenhouse gas emissions; Ecosystem services (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (9)

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DOI: 10.1007/s43615-021-00022-3

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