The vital role of Nature-based Solutions in a nature positive economy

The Working Group on the Nature-Based Economy of Taskforce 3 produced this short video to highlight the main recommendations of the EC Expert Publication "The Vital Role of Nature-based Solutions in a Nature-Positive Economy". Watch the video and check out the report, which is a first step in addressing knowledge gaps in the potential economic benefits of Nature-Based Solutions (NBS) and the challenges facing NatureBased Enterprises (NBE). Based on extensive consultations, the report profiles some of the economic activities where NBE are engaged in the delivery of NBS – generating new jobs and skills, innovations, and wider economic impacts through a nature-based approach that respects the needs of the environment and communities. The report examines some of the key issues confronting stakeholders, including ‘greenwashing’. Such challenges are addressed head-on, informing recommendations on how to realise the transition to a nature-positive economy with NBS and NBE at the core. The report is aimed specifically at economic policy makers but is of high relevance for policy makers across multiple domains, public sector institutions and agencies, researchers, civil society and NGO representatives, investors and financial institutions, industry and NBE delivering NBS. This video has received funding from NetworkNature, a European Union's Horizon 2020 funded project under Grant Agreement 887396. Scripted and produced by Horizon Nua and ICLEI Europe. Voice-over by Daniela Rizzi (ICLEI Europe) and Joanne Schanté (LGI Sustainable Solutions). Thank you to Le Bouchot in France and for the EU-funded H2020 project Connecting Nature for the provision of video footage for this video.