A new report by Prof. Laura Kuhl and PhD candidate Alaina Boyle responds to a call articulated in UNEP’s Adaptation Gap Report for better evidence of the effectiveness and cost-effectiveness of Nature-based Solutions (NbS) to support scaling up of implementation of NbS. It reviews existing toolkits and guidance to compare existing resources and identify best practices for assessing the benefits and costs of NbS. It also reviews data from projects supported by UNDP and financed by the GEF, AF and GCF in the Latin American and Caribbean region and compares them to the guidance provided by existing toolkits to identify areas of strength, as well as potential gaps in current data collection on the benefits and costs of NbS. Through a comparison of best practices in existing toolkits and data, the report concludes with recommendations for the design of future cost-benefit analysis guidance and support resources tailored to the needs of policymakers and practitioners in the region.
Read the report here.
