The economics of nature-based solutions: cost-benefit analysis, market development and funding
Programme Category
Programme Name
Programme Description
Horizon Europe is the European Union (EU) funding programme for the period 2021 – 2027, which targets the sectors of research and innovation. The programme’s budget is around € 95.5 billion, of which € 5.4 billion is from NextGenerationEU to stimulate recovery and strengthen the EU’s resilience in the future, and € 4.5 billion is additional aid.
Identifier Code
Call
Summary
The aim of this Call is to support the development of policies, business models and market conditions to scale up and speed up the implementation of nature-based solutions (NBS). Also, to contribute to the wider deployment of NBS and to fully reaping their economic, employment, social and environmental benefits in order to build a competitive sustainability in Europe and to tackle climate change, as well as to create green jobs and build resilience to climate change and natural disasters.
Detailed Call Description
The successful proposal should:
- Provide guidance for project developers and decision makers to take informed decisions about NBS: e.g. comparison of strengths and weaknesses of green and grey solutions in climate change adaptation; cost-benefit assessments for NBS, resilience and insurance values of NBS; assessment of other co-benefits of NBS, including non-monetary ones.
- Synergies should be considered with the dedicated topic HORIZON-CL6-2021-BIODIV-01-06
- Nature-based solutions, prevention and reduction of risks and the insurance sector;
- Analyse the potential for development of specific demand and supply chains in NBS;
- Provide methodological guidance on assembling NBS business cases, applying a Total Economic Value framework, of practical use to practitioners in making the case for NBS investments;
- Develop a coaching programme on NBS readiness assistance where businesses and projects selected for Investment Readiness Assistance receive coaching packages tailored specifically to their readiness levels and business objectives to advance the maturity of projects;
- Create new or assess, streamline and provide access to existing toolboxes to support regional needs related to NBS financing and implementation; Consider the diversification of financing arrangements and mixes: co-financing and benefit sharing options with the private sector; PPPs; innovative financing mechanisms; and innovative arrangements, e.g. to involve and compensate the land owners who provide the space for NBS implementation;
- Assess the impacts and opportunities for NBS associated with the EU Taxonomy on Sustainable Finance and support the practical implementation of the Taxonomy by stakeholders;
This topic should involve the effective contribution of SSH disciplines.
Call Total Budget
Financing percentage by EU or other bodies / Level of Subsidy or Loan
100%
EU contribution per project: € 5,00 million
Thematic Categories
- Environment and Climate Change
- Regional Development
- Research, Technological Development and Innovation
Eligibility for Participation
- Central Government
- Local Authorities
- NGOs
- Non Profit Organisations
- Private Bodies
- Researchers/Research Centers/Institutions
Eligibility For Participation Notes
If projects use satellite-based Earth observation, positioning, navigation and/or related timing data and services, beneficiaries must make use of Copernicus and/or Galileo/EGNOS.
Call Opening Date
Call Closing Date
National Contact Point(s)
Research and Innovation Foundation
Strovolos Avenue 123, 2042 Nicosia, Cyprus, P.O.Box 23422, 1683 Nicosia
Email: support@research.org.cy
Website: https://www.research.org.cy/
Dr Angelos Ntantos
Scientific Officer
Telephone: 35722205033
Email: antantos@research.org.cy
Dr Ioannis Theodorou
Scientific Officer
Telephone: 35722205038
Email: itheodorou@research.org.cy
(Publish Date: 18/08/2021-for internal use only)