#355 The Real Value of Nature

Green-grey engineering combines nature-based solutions with traditional civil engineering. It can be used in flood protection, with mangroves acting as a first line of defense rather than relying wholly on seawalls or earthen berms. As parts of the world face dual threats of flood and drought, the same systems can incorporate drainage and water collection. Unlike traditional civil engineering, nature-based solutions offer a wide range of additional benefits. Mangroves act as fish nurseries feeding local communities and boosting economies. They sequester carbon, helping limit climate change. They provide opportunities for tourism. And they provide significant flood protection, boosting resilience.  But there is a need to scale and accelerate funding to address the loss and protection of coastal ecosystems and the true value they represent. A new analytical framework, Net Ecosystem Value, offers a tool to inform this need. Rich geodata insights, analysis and scenario modelling combined with local knowledge and academic research. This environmental and economic accounting demonstrates the true value of investing in these solutions, as well as the cost of doing nothing.By providing more granularity, rather than relying on global assumptions, this supports the development of relevant financial mechanisms such as blue bonds. By taking a whole-of-ecosystem approach, Net Ecosystem Value is able to show the true value of investing in coastal zones as critical infrastructure that accounts for blue carbon, fisheries, resilience, biodiversity, livelihoods, and social and cultural values In this episode, Alpa Bhattacharjee and Rod Braun explain the broad range of benefits these ecosystems offer, and the progress that is being made to incorporate them alongside traditional civil engineering solutions. Guests Alpa Bhattacharjee, Climate and Nature – Blue Finance Advisory, Fugro Rod Braun, Senior Director, Conservation International Image credit Alex Mustard / Ocean Image Bank Partner Fugro is the world’s leading Geo-data specialist, collecting and analysing comprehensive information about the Earth and the structures built upon it. Through integrated data acquisition, analysis and advice, Fugro unlocks insights from geo-data to help clients design, build and operate their assets in a safe, sustainable and efficient manner.The post #355 The Real Value of Nature first appeared on Engineering Matters.