Contributing to the development of a vibrant NbS knowledge-based economy. This relates to the role of EU R&I in the development of standardised methodologies and metrics for assessing and monitoring NbS, e.g., work of CEN/CENELEC with the IUCN Global Standard on NbS – IUCN 2020 and future integration in ISO standards. By establishing common frameworks for evaluating NbS performance, this would facilitate comparison and knowledge sharing across different projects and regions, help prevent misuse of the term, and allow the identification and assessment of international financing, value-chains and markets underpinning NbS deployment and effectiveness. Expert consultations further highlighted the role of R&I in identifying policy and financial mechanisms detrimental to NbS and raising awareness of their existence (to hopefully suppress them), which is needed for achieving transformative change.
European Commission. Directorate General for Research and Innovation. The vital role of nature-based solutions in a nature-positive economy. (Publications Office of the European Union, 2022).