The economics of nature-based solutions.

Invest4Nature is an EU-funded project that contributes to the creation of a market for nature-based solutions. A group of 15 partners from 11 European countries prepare the grounds for investments in nature-based solutions by evaluating its benefits and economic performance.

Nature-based solutions

The world is experiencing a severe climate and biodiversity crisis. Nature-based solutions (NBS) can be a powerful tool to tackle this challenge by reducing the risks of climate change driven events such as flooding or heat waves. The benefits of nature based solutions are not limited to climate protection, but can also increase well-being for citizens and create opportunities for employment, offering multiple benefits environmental, social, and economic value creation.

Economic valuation of the benefits

Despite the multiple benefits of nature-based solutions, they are not systematically understood. There is currently no standard method to calculate the economic and financial benefits that can be used to back their investment case. The financial valuation in the various areas of environment, society, or economy is an important indicator for financial stakeholders such as investors and insurances in buildine support for nature-based solutions.

Invest4Nature will:


  • Create an evaluation framework of nature-based solutions to allow sound cost-benefit analyses and the development of business models

  • Provide evidence on the benefits in coastal, urban, rural and mountainous scenarios by evaluating 5 existing cases in Norway, Denmark, Poland, Austria and Portugal which will serve as Living Labs

  • Develop a Decision Support System (DSS) and a communication toolbox for nature-based solutions to meet the needs of investors.

Contact

Project
Coordinator

Andreas Türk 

JOANNEUM RESEARCH Forschungsgesellschaft

andreas.tuerk@joanneum.at

Main Press
Contact

Regine Wehner

Steinbeis 2i GmbH

regine.wehner@steinbeis-europa.de
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Partnership

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