European Business Biodiversity - News

Incentives for Natural Infrastructure

The report, issued by the World Business Council for Sustainable Development (WBCSD), details a study conducted across different sectors in six regions (Asia, Australia, Europe, Latin America, Middle East and North America) to uncover the barriers and incentives for businesses obtaining permits, financing and insurance for natural infrastructure (NI).

8 May 2017: According to the report, the most common incentives for investing in natural infrastructure include cost savings, environmental and social benefits that go beyond financials and alignment with policy frameworks.

The most significant barriers to permitting and financing for natural infrastructure include technical feasibility and revenue generation.

In efforts to help businesses overcome such challenges, the report provides a set of recommendations for:

  • • Collaborating with local authorities about obtaining permits for NI
    • Engaging with the finance community to increase financing of NI
    • Promoting policies and risk reduction benefits of NI

According to WBCSD governments, water utilities, companies and communities invested nearly USD$25 billion on natural infrastructure (wetlands, land restoration, green roofs…) in 2015. The report shows that business has a key role to play in demonstrating the effectiveness of NI solutions and engaging with stakeholders who can influence financing and permitting.

Download the report here:
http://www.wbcsd.org/Clusters/Water/Natural-Infrastructure-for-Business/Resources/Incentives-for-Natural-Infrastructure
 
Source:
http://www.wbcsd.org/Clusters/Water/Natural-Infrastructure-for-Business/Resources/Incentives-for-Natural-Infrastructure
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