Nature-based Solutions for Business

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The International Union for the Conservation of Nature (IUCN) defines nature-based solutions (NbS) as “actions to protect, sustainably manage and restore natural and modified ecosystems in ways that address societal challenges effectively and adaptively, to provide both human well-being and biodiversity benefits”.

For businesses, integrating NbS into their operations and value chains can unlock a holistic range of benefits. By acting as a buffer against the impacts of climate change, NbS can play a crucial role in protecting key sourcing landscapes and operational sites from climate shocks such as drought, floods, and extreme heat, in turn helping to minimise supply chain disruption risks and futureproof companies’ commercial activities.

When deployed correctly, NbS can also help companies tackle multiple sustainability challenges at once, enabling them to reduce their emissions and adapt to the effects of climate change, move beyond net zero towards becoming ‘nature positive’, and maintain their license to operate by delivering socio-economic value to local stakeholders.

Nature is everyone’s business, so it is crucial that more businesses integrate NbS into their climate, nature, and wider sustainability strategy.

2024 WEBINAR SERIES:

To help businesses learn how they can implement viable NbS in line with their commercial and sustainability priorities, the UN Global Compact Network UK is hosting a four-part ‘Nature-based Solutions for Business’ webinar series. Across the sessions, attendees will:

  • Understand the business case for implementing NbS and identify relevant NbS that could be suitable to implement in their direct operations, within their value chain, or outside of their value chain (i.e., as an investment in beyond value chain mitigation).
  • Receive practical guidance on how to implement, monitor, and maintain various types of NbS in line with the internationally-recognised IUCN Global Standard for NbS.
  • Hear examples of how leading businesses have successfully deployed NbS in partnership with local stakeholders to deliver business benefits and generate wider socio-economic value.
  • Learn what further action is needed to close the financing gap and scale NbS.

Nature-based Solutions for Business: Land-based Solutions
Tuesday 10 September, 14:00-15:30 BST

This webinar will explore the concept of nature-based solutions (NbS) for businesses, focusing on land-based solutions. It will cover the key considerations that businesses should take into account when embedding NbS into their land management practices and highlight case studies of how leading businesses have successfully used terrestrial NbS such as agroforestry and peat restoration techniques to regenerate critical landscapes, sequester carbon, and address their impacts on nature.

Nature-based Solutions for Business: Urban Solutions
Tuesday 17 September, 14:00-15:30 BST

This webinar will explore the concept of nature-based solutions (NbS) for business, focusing on urban solutions such as green corridors, green roofs, and urban forests. It will explore how businesses can incorporate these solutions into the built environment, either as part of retrofitting existing buildings, developing new builds, or as a BVCM investment (i.e., for those businesses operating in rented office spaces with limited capacity to alter the existing infrastructure). Practical guidance will be given on the steps that businesses can take to ensure the successful installation and long-term maintenance of the NbS.  

Nature-based Solutions for Business: Freshwater and Ocean-based Solutions
Tuesday 24 September, 14:00-15:30 BST

This webinar will explore the concept of nature-based solutions (NbS) for businesses, focusing on freshwater and marine solutions. It will cover how businesses can implement and maintain a range of NbS including the restoration and conservation of marine habitats, wetlands, and freshwater ecosystems to advance their sustainability goals and help safeguard the quality and supply of water. Case studies will be highlighted to demonstrate how businesses have worked in partnership with other stakeholders across watersheds and marine-protected areas to unlock mutual value.

Nature-based Solutions for Business: Unlocking Finance
Tuesday 8 October, 14:00-15:30 BST

The final webinar in the series will focus on how the private sector can contribute towards bridging the finance gap for NbS so that they can be deployed at scale. It will highlight some of the factors that investors take into account when assessing the bankability of NbS interventions, how businesses can increase investor confidence to secure funding for NbS, and highlight examples of innovative financing mechanisms currently being used.

For any questions about this series, please contact Pauline Girma, Project Manager (Environment).