Natural Assurance Schemes Canvas: A Framework to Develop Business Models for Nature-Based Solutions Aimed at Disaster Risk Reduction

Resource type: 
Research
Main entity: 
Universidad Politécnica de Cartagena
Type of entity: 
Research centre/University
Funding: 
EU Horizon 2020
Key themes: 
Business
Disaster risk reduction
Societal challenges: 
Natural and Climate Hazards
Scope: 
Global
Description: 

This article presents a tool called a Natural Assurance Schemes (NAS) canvas and explains how it can be applied to identify business models for NbS strategies providing climate adaptation services, showing an eye-shot summary of critical information to attract funding. The framework is applied in three case studies covering different contexts, scales, and climate-related risks (floods and droughts). Finally, a reflective analysis is done, comparing the tool with other similar approaches while highlighting the differential characteristics that define the usefulness, replicability, and flexibility of the tool for the target users, namely policymakers, developers, scientists, or entrepreneurs aiming to promote and implement NAS and NbS projects

Date: 
2021
Journal: 
Sustainability
Language: 
EN