Tuesday, March 30, 2021 11:00 AM
Communities, governments, and businesses around the world face unprecedented challenges from environmental degradation, climate change, rapid urbanization, and a host of other megatrends. In particular, climate change is exacerbating the frequency and severity of natural hazards, including flood, wildfire, drought, and heat island impacts. These issues degrade community well-being and the financial bottom line of governments and businesses. In this context, the use of natural capital and nature-based solutions can be a cost-effective way to reduce risk to natural disasters, advance equity, and support climate mitigation/adaptation. Earth Economics will share examples of nature-based solutions to support climate risk reduction, methods for quantifying and valuing such approaches in decision making, and implications for improved disclosure through ESG reporting and elsewhere.