The marketplace’s ultimate purpose is to dramatically expand the number of genuine nature-based conservation and restoration initiatives by channeling funds towards them through market-based instruments, which are currently in development.
In order to mitigate the most severe consequences of climate change, nature-based solutions, particularly forests, must be implemented as soon as possible.
Current NbS efforts, on the other hand, are impeded by a chronic lack of finance.
The Centre will assist 12 PhD students and postdoctoral associates, as well as make an investment in the development of a scalable and trusted NbS marketplace prototyping platform.
‘Conservation techniques are becoming increasingly broad in scope,’ says Professor David Coomes of the University of Cambridge Conservation Research Institute.
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