Nature-based solutions (NbS) are efforts to protect, manage, or restore natural ecosystems to address societal challenges, including the negative impacts of climate change. While these solutions explicitly rely on nature to drive revenues and impact, they are distinct from those solutions that are solely ‘nature-derived’, such as solar power or hydro electricity.
Blended finance within NbS transactions is limited. Convergence’s Market Data has recorded 48 blended transactions over all time with a total value of $4.7 billion.
This brief analyzes how blended finance has been used to date to support NbS transactions, presenting insights from an analysis of transactions within Convergence’s Market Data and interviews conducted with industry stakeholders.