Nature based solutions – Governance, Business Models and Financial Mechanisms for climate change adaptation and DRR

14:00 Tuesday 28 May

SP010

Room S6

 

Steve Banwart (United Kingdom) 2; Juraj Jurik (Switzerland) 3; Siobhan Mcquaid (Ireland) 4; Elena Lopez Gunn (Spain) 1

1 - ICATALIST; 2 - University of Leeds; 3 - GIB Foundation; 4 - University College, Dublin

The EU is currently funding a cluster of projects on nature-based solutions. Under this workforce the projects are exchanging knowledge and experience in relation Governance, Business Models and Financial Mechanisms This workshop will report on the Work of Task Force 3 on the two main lines identified at the A Coru–ña meeting in May 2018.

  1. Mapping the landscape of different financing (funding) mechanisms and business typologies that would allow for faster NBS uptake.
  2. Green public procurement i.e. how should public procurement work in order to favor NBS instead of conventional infrastructure solutions.

In addition other topics identified by the Task force will be used to facilitate a discussion with the audience on mapping the landscape of different financing mechanisms and business models.

For example: i) Type of funding – civic (crowd funding etc.), public or private and their sub categories ii) Scale of project – city, regional, national, iii) Scale of funding, iv) green/hybrid/grey, v) Different types of NBS and vI) The different types of stakeholders. Why people are engaging in NBS? The type of benefits they are interested in, i.e. flood risk, heat risk, aesthetics.

We will discuss how these criteria could be combined particularly in relation to climate change adaptation and ecoDRR, with a particular focus on cities and regions.

Target audience

Researchers and technical staff in the area of Climate Change Adaptation and Disaster Risk Reduction that want to know more on the role of NBS and green infrastructure

Investors and potential funders

Policy makers and decision makers (particularly cities and regional authorities) who want to understand results and what tools could be available for their activities.

Proposed format for the session

  • 3 Facilitators (co-leads of the TF) and speakers from the main projects presentations of their current work
  • 40 Minute presentations and Introductions (5 minute pitches and poster for the EU NBS projects and the members of the Task force 3 in these projects
  • 1 hour facilitated discussions around two main action lines in the Task force.

Contributing Authors abstracts

At this stage we only provide two abstracts as examples

THINK NATURE Juraj Jurik and Katerina Schneider, GIB Foundation (5 min pitch + poster)

GIB Foundation would like to provide an insight into the concept of hybrid infrastructure and its application.

Natural infrastructure, defined as ‘a planned or managed, natural or semi-natural system designed to provide a specific benefit’ is considered an environmentally friendly alternative to grey infrastructure for its enhanced ability to de-risk man-made infrastructure and yield a range of positive co-benefits. Hybrid infrastructure, consisting of grey infrastructure that is complemented by natural elements, could be a way to capitalize on the unique strengths of each type of infrastructure (natural and grey respectively) while mitigating some of their respective weaknesses (e.g. space, timelines, vulnerability). Hybrid approaches hence provide an ideal solution for enhancing the resilience of infrastructure to external shock factors while allowing greater compatibility with a concern for ecosystems and climate.

Goal: to demonstrate and convince practitioners and project developers of the advantages of a hybrid infrastructure design compared to a pure grey infrastructure design. Criteria distinguishing hybrid infrastructure from grey and natural will be presented as well as case studies from across Europe. The information is relevant for project developers (in different sectors), decision makers as well as financing institutions by informing them and providing ideas on integrating NbS into projects.

1. PHUSICOS Wei Liu and Joanne Bayer, IIASA (5 min pitch + poster)

Governance, business models and financial mechanisms of emerging ecological urban and landscape operators in China

The past two decades witnessed the growth of large city operators in China. While most of them focus on real estate and infrastructure development and management, recently a number of new ecological urban and landscape operators (EULOs) emerged. In this preliminary investigation of the emerging EULOs, we will introduce the various governance, business models and financial mechanisms that they adopted. We use one of the top EULOs as an example to demonstrate their specific operating models, a unique business ecosystem with nature-based solutions as the core. We will also show how various business models (e.g., PPP – Public-Private Partnership, EPC – Engineering Procurement & Construction) are used for different types of projects, including the specific NBSs adopted, as well as the different financial mechanisms that were used, including supply-chain finance, various forms of governance financing, and establishment of special ecological industrial fund and city development fund.

  1.  UNALAB Ernesta.Maciulyte, Fraunkhofer (5 min pitch + poster)
  2. NATURVATION Helen Toxopeus (5 min pitch + poster)
  3. 4NATURE4CITIES Aitziber. Egusquiza, Tecnalia) (5 min pitch + poster)
  4. NAIAD (Monica Altamirano, DELTARES Nina Graveline BRGM and Elena Lopez-Gunn, ICATALIST (5 min pitch + poster)
  5. CONNECTING Siobhan Mcquaid, Trinity College Dublin (5 min pitch + poster)
  6. UrbanGreenUp (Eduardo Croci, and Benedetta Lucchitta, Univ Bocconi (5 min pitch + poster)
  7. GROWGREEN Laura Baroni and Lisa.Eichler, Trinomics (5 min pitch + poster)