UN Climate Action Summit , New York, September 2019
Focus on Nature-based Solutions to Climate Change. Nature-based approached are often more cost-effective in the long term than purely technical approaches and can produce important additional socio-economic benefits for the environment, citizens, and the local economy.
The Nature Based Solutions Action Area is calling on all companies to support greater action in support of Nature-Based Solutions for Climate highlighting the importance of nature for addressing the climate crisis as one of the major deliverables for the UN Climate Action Summit.
Nature-Based Solutions are a fundamental part of action for climate and biodiversity. Authoritative research indicates that Nature-Based Solutions can provide over one-third of the cost-effective climate mitigation needed between now and 2030 to stabilize warming to below 2 °C, achieving nature’s mitigation potential of 10-12 gigatons of CO2 per year. Adequate investment in Nature-Based Solutions will help reduce financial consequences of climate change, and contribute to the creation of new jobs, to livelihood resilience and to reducing people’s poverty. Nature-Based Solutions underpin the Sustainable Development Goals: they support vital ecosystem services, biodiversity, and access to fresh water, improved livelihoods, healthy diets and food security from sustainable food systems.
Nature-Based Solutions are an essential component of the overall global effort to achieve the goals of the Paris Agreement on Climate Change. They are a vital complement to decarbonization, reducing climate change risks and establishing climate resilient societies. They value harmony between people and nature, as well as ecological development and represent a holistic, people-centered response to climate change. They are effective, long-term, cost-efficient and globally scalable.