Project description DEENESFRITPL Assessing the performance of nature-based solutions Nature-based solutions (NbS) can help to sustainably manage natural features and processes to address socio-environmental challenges such as climate hazard risks, pollution and biodiversity. The EU-funded NATURANCE project will examine the technical, financial and operational feasibility and performance of solutions built on a combination of disaster risk financing and NbS investments. The project will connect major knowledge networks, and initiate and organise innovation finance and policy labs. Moreover, it will analyse policy and governance conditions, models, methods, scenarios and metrics used for assessing the risk-reduction performance of NbS. Finally, it will promote the adoption of jointly laid out principles, performance metrics and recommended approaches to analysis and design aligned with the EU sustainable finance framework. Show the project objective Hide the project objective Objective Nature-Based Solutions (NbS) can provide means to regulate GHG in the atmosphere, mitigate climate hazard risks - through mass stabilisation, water flow regulation, wind dissipation, and temperature regulation - remove particle pollution and im-prove air quality, protect soil and biodiversity, and enhance climate resilience. The Naturance project will examine technical, financial and operational feasibility and performance of solutions that are built upon and combine disaster risk financing & investments with nature-based solutions. To this end we will stimulate dialogues, knowledge sharing and mutual learning across different areas of policy and practice. Our ambition is not only to produce a comprehensive and collaborative assessment of nature-based insurance and investment solutions from societal and business perspective: our ultimate goal is to encourage adoption of jointly elaborated principles, performance metrics and recommended approaches to analysis and design, in accordance with EU framework for sustainable finance. The project will Establish a ‘Network of existing networks’ by connecting existing major knowledge networks and fostering cross-domain knowledge sharing and collaborative marketplace for innovative nature-based insurance & in-vestment solutions. Initiate and organise innovation finance and policy labs seeking to assess existing and explore new areas for insurance & investment solutions and revenue models supporting NbS. Analyse policy and governance conditions that are conducive to or hamper adoption of sustainable and equitable innovative green insurance and investment solutions for NbS and identify examples of inspirational practice and policy reforms unlocking their business potential and scaling up their deployment. Analyse models, methods, scenarios and metrics used for assessing risk-reduction performance of NbS, as well as their wider societal benefits, and contribute to a better integration of ecosystem and economic risk modelling. Build awareness and capabilities for green financial innovations, so to creating conditions for inclusive and transformative change in regions embarked in the Mission on climate adaptation & societal transformation. Fields of science social sciencessociologygovernancenatural sciencesearth and related environmental sciencesenvironmental sciencessustainability sciencesengineering and technologyenvironmental engineeringair pollution engineeringnatural sciencesearth and related environmental sciencesenvironmental sciencespollutionnatural sciencesbiological sciencesecologyecosystems Programme(s) HORIZON.2.6 - Food, Bioeconomy Natural Resources, Agriculture and Environment Main Programme HORIZON.2.6.2 - Biodiversity and Natural Resources Topic(s) HORIZON-CL6-2021-BIODIV-01-06 - Nature-based solutions, prevention and reduction of risks and the insurance sector Call for proposal HORIZON-CL6-2021-BIODIV-01 See other projects for this call Funding Scheme CSA - Coordination and support action Coordinator FONDAZIONE CENTRO EURO-MEDITERRANEOSUI CAMBIAMENTI CLIMATICI Net EU contribution € 735 000,00 Address Via marco biagi 5 73100 Lecce Italy See on map Region Sud Puglia Lecce Activity type Research Organisations Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 Participants (6) Sort alphabetically Sort by Net EU contribution Expand all Collapse all STICHTING VU Netherlands Net EU contribution € 455 250,00 Address De boelelaan 1105 1081 HV Amsterdam See on map Region West-Nederland Noord-Holland Groot-Amsterdam Activity type Higher or Secondary Education Establishments Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 INTERNATIONALES INSTITUT FUER ANGEWANDTE SYSTEMANALYSE Austria Net EU contribution € 558 750,00 Address Schlossplatz 1 2361 Laxenburg See on map Region Ostösterreich Niederösterreich Wiener Umland/Südteil Activity type Research Organisations Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 KARLSRUHER INSTITUT FUER TECHNOLOGIE Germany Net EU contribution € 333 500,00 Address Kaiserstrasse 12 76131 Karlsruhe See on map Region Baden-Württemberg Karlsruhe Karlsruhe, Stadtkreis Activity type Higher or Secondary Education Establishments Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 ICLEI EUROPEAN SECRETARIAT GMBH (ICLEI EUROPASEKRETARIAT GMBH) Germany Net EU contribution € 458 187,50 Address Leopoldring 3 79098 Freiburg im breisgau See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Baden-Württemberg Freiburg Freiburg im Breisgau, Stadtkreis Activity type Other Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 STOCKHOLMS UNIVERSITET Sweden Net EU contribution € 283 500,00 Address Universitetsvagen 10 10691 Stockholm See on map Region Östra Sverige Stockholm Stockholms län Activity type Higher or Secondary Education Establishments Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 WILLIS TOWERS WATSON GMBH Germany Net EU contribution € 382 500,00 Address Ulmentstr 30 60325 Frankfurt am main See on map Region Hessen Darmstadt Frankfurt am Main, Kreisfreie Stadt Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 Partners (2) Sort alphabetically Sort by Net EU contribution Expand all Collapse all LONDON SCHOOL OF ECONOMICS AND POLITICAL SCIENCE United Kingdom Net EU contribution € 0,00 Address Houghton street 1 WC2A 2AE London See on map Region London Inner London — West Westminster Activity type Higher or Secondary Education Establishments Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 THE CHANCELLOR MASTERS AND SCHOLARS OF THE UNIVERSITY OF CAMBRIDGE United Kingdom Net EU contribution € 0,00 Address Trinity lane the old schools CB2 1TN Cambridge See on map Region East of England East Anglia Cambridgeshire CC Activity type Higher or Secondary Education Establishments Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00