Financial Instruments to Create and Maintain NBS

Abstract

Chapter 17 discusses challenges for financing nature-based solutions (NBS). Financing NBS is a key challenge to ensure scaling of the use of NBS in urban areas. This is mainly due to the difficulty to monetize the value generated through the provisioning of ecosystem services, as well as the multiple cobenefits that NBS provide. Certain types of NBS, such as green roofs, have been able to allow for private value capture, enabling such projects to attract private or blended capital. Others, where benefits are generally regarded as public good, have to rely on different financing strategies and instruments. The section provides an overview of financing solutions (public, private, and blended instruments) for different types of NBS and their applicability to NBS in the urban context.

Citation

Uzsoki, D., Casier, L. and Wuennenberg, L. (2021), "Financial Instruments to Create and Maintain NBS", Croci, E. and Lucchitta, B. (Ed.) Nature-Based Solutions for More Sustainable Cities – A Framework Approach for Planning and Evaluation, Emerald Publishing Limited, Leeds, pp. 255-266. https://doi.org/10.1108/978-1-80043-636-720211021