Assessing the Benefits and Costs of Nature-Based Solutions for Climate Resilience: A Guideline for Project Developers

Published on May 29, 2023

How to measure, value & assess the costs & benefits of nature-based solutions for climate resilience.

Last week the World Bank published a guideline report and 8 case studies to support the valuation of nature-based solutions.

The difficulty and cost of measuring the impact of NBS is a barrier that is listed time and again. This report offers some valuable examples and insights from projects around the world.

You can find a link to the full report and a short video below.

STORY HIGHLIGHTS

  • Nature-based Solutions offer integrative strategies to reduce climate risks, while providing a range of other benefits such as climate regulation, recreation, health, tourism, food and drinking water.
  • Better methods and approaches to value the costs and benefits of Nature-based Solutions for Climate Resilience may enable further uptake of investments in Nature-based Solutions by articulating their value and their beneficiaries across sectors.
  • This report provides comprehensive guidance and eight case study examples to support the valuation of benefits and costs of Nature-based Solutions for Climate Resilience at project level.

Source Article

Full Report here

Video from the GFDRR