Aligning with Nature
Nature-Based Solutions (NbS) projects give companies a multitude of benefits, simultaneously addressing climate concerns and enhancing assets, such as increasing biodiversity, improving water quality, and boosting supply-chain resilience. NbS projects are designed and built to restore local ecosystems and their highly valuable “services,” an approach with a proven track-record. To protect investments from climate-change accelerated erosion, agencies around the world utilize wetland restoration, for example, due to its cost-effectiveness.
Private companies are now harnessing the power of NbS to address emissions and climate risks due to their cost-effectiveness, positive press/PR, and in light of the creation of the TDNF (Taskforce on Nature-related Financial Disclosures), foresight on where international regulations and guidance is headed.
Climate Positive can help your company identify opportunities to deploy NbS, bringing our strategic analysis and highlighting cost-effective approaches. With guidance from Climate Positive, your company can quantify the carbon benefits from a carefully designed NbS, and likely achieve better carbon capture per dollar than either the traditional engineering or the new green technology.
To illustrate, a company aiming to achieve net zero may be considering direct air capture technology to cut the last 10 percent of their emissions. However direct air capture is energy-intensive and not yet deployable at scale. The permanence of removals is also important. While “gray” or traditional engineering can deliver scale and permanence, it does not bring the other benefits of a NbS reforestation project scoped with guidance from Climate Positive, such as biodiversity, erosion control, and cost-effectiveness.
Climate Positive can help your company:
- Disclose following guidelines of TNFD (Taskforce on Nature-related Financial Disclosures)
- Set science-based targets for nature (SBTN, complementing carbon targets from SBTi)
- Create a nature strategy (complementing decarbonization strategy in action plans and transition plans)
- Invest in land-based or ocean-based offsets and insets to improve agricultural resilience, revitalize wildlife habitat, build soil carbon and/or hedge against supply-chain risks (mitigate extreme weather disruptions)
- Acquire biodiversity credits to address disruption caused by company operations or value chain
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