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Land Use and Food Systems

POLICY BRIEF: Unlocking the potential of Nature-Based Solutions

2024

On November 23, 2023, in São Paulo, the Institute for Climate and Society (iCS), in collaboration with the Ministry of Finance, organized
the event “Unlocking the potential of Nature-Based Solutions” in order to promote dialogue between actors from different segments
in relation to the challenges of financing for activities involving Nature-Based Solutions (“NbS”).

The event, which inaugurated a series of initiatives for sustainable finance being developed by iCS for the Brazilian presidency of the G20, brought together representatives from institutions with experience in NbS and/or financing, with different perspectives. A workshop format was adopted in order to facilitate discussion among the more than 60 participants at the event.

Among other agents, representatives from philanthropic institutions, civil society organizations, fund managers, commercial banks, public and development banks, insurance companies, small to large entrepreneurs, law firms, as well as from the Ministry of Finance
and from the Ministry of Environment and Climate Change, attended the event.

This document proposes to present a summary of the main topics and conclusions of the debates and, in accordance with the flow of discussions, provide a list of recommendations that can be developed to strengthen the allocation of funds in NbS.

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