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The economics of Nature-based Solutions: opportunities for the Mediterranean coastal wetlands [1/3]
This first webinar will introduce the concept of NbS and the purpose of assessing the economics of those solutions through cost-benefit analysis. It will show the link between Ecosystem Services provision and Nature-based-Solutions implementation and how it is key to bring conservation practitioners and policy-decision makers together to improve nature preservation in ecological and economic planning.

BACKGROUND
Coastal wetlands provide a range of benefits -ecosystem services- to our daily lives and protect biodiversity. For example, they enable fish and salt production, support bird habitats, and contribute to improve water and soil quality and to capture and sequester carbon. Yet, they remain largely misunderstood, especially when it comes to their contribution to local economies and social development.

With the new targets currently being defined at global level (SDGs, Post-2020 Biodiversity framework), governments will be urged to apply measures that recreate resilience and increase benefits to people. In this context, Nature-based Solutions (NbS) in coastal wetlands offer a perfect example of economic development based on natural resources which can be preserved in the long term. Still, today, no common framework exists to highlight and assess the multiple interests of such solutions.

In order to help coastal wetland managers, practitioners and decision-makers to understand and implement solutions where nature and socio-economic aspects can live in harmony, we are organising a series of webinars between this autumn and next spring. The webinars will be based on pragmatic approaches with the right tools that will help you to:
1) Integrate NbS, based on cost-benefit analysis, in your management plans and land use planning
2) Connect and build dialogues between the different local actors & sectors that take into account needs and benefits for all
3) (Re-)Create a sustainable balance between human needs & natural resources availabilities in your country/region.

Dec 2, 2021 02:00 PM in Brussels

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