Wildlife & Nature

Research Finds Nature-Based Solutions More Cost-Effective Than Engineering-Based Solutions

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Protecting and restoring wetlands is more effective, both financially and environmentally, than hardening the coast against rising waters. (istock)

A new global assessment of scientific literature led by researchers at the University of Massachusetts Amherst found that nature-based solutions (NBS) are an economically effective method to mitigate risks from a range of disasters, including floods, hurricanes, and heat waves — all which are expected to intensify as the planet continues to warm.

NBS are interventions where an ecosystem is either preserved, sustainably managed, or restored to provide benefits to society and to nature. For instance, they can mitigate risk from a natural disaster, or facilitate climate mitigation and adaptation. They have emerged in combination with or as an alternative to engineering-based solutions, such as restoring wetlands to address coastal flooding rather than building a seawall.

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The Federal Emergency Management Agency notes that these solutions use natural features and processes to: mitigate the climate crisis; reduce flood risk; improve water quality; protect coastal property; stabilize shorelines; reduce urban heat; and add recreational space.
 
“Nature-based solutions are now recognized by major national policies and international global framework agreements to combat climate change,” said Marta Vicarelli, assistant professor of economics and public policy at UMass Amherst and the study’s lead author. “However, there has been limited scientific knowledge about the cost-effectiveness and equity outcomes. Our results indicate that not only are NBS economically effective in mitigating hazards, but that their benefits are still underestimated.”
 
NBS were proven to be a consistently cost-effective approach to mitigating hazards in 71% of the more than 20,000 English-language peer-reviewed studies that researchers examined. Another 24% of the studies found them to be cost-effective under certain conditions. The ecosystem-based interventions most frequently found effective in mitigating hazards are associated with mangroves (80%), forests (77%), and coastal ecosystems (73%).

Of the studies that compared NBS with engineering-based solutions, 65% found the former always to be more effective at mitigating hazards and 24% partially more effective. No study found them consistently less effective than engineering solutions.

While every study reviewed for the article examined the hazard-mitigation benefits of NBS, many didn’t consider added environmental and socioeconomic benefits, such as maintaining biodiversity, climate mitigation, and supporting underserved communities.

“The other benefits of NBS are vastly underestimated because they are difficult to quantify,” Vicarelli said. “How should we value improvements in air quality or in soil quality? How should we value the protection of an endangered species or the overall increase in biodiversity after the implementation of an NBS? And how about estimating the cultural or even spiritual value of an environmental asset? These assessments require complex and potentially expensive valuation techniques. For this reason, the additional benefits of NBS are often understudied and underestimated.”

Another key finding of the research is that NBS have been financed mainly by the public sector, even when the interventions involve private property. Vicarelli noted for these solutions to have a truly global impact, additional funding is required, and a significant share must come from the private sector.

“A transformative upscaling of nature-based solutions requires both public and private financing,” she said. “The next step is developing innovative nature-based insurance and investment solutions.”

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  1. It was unusual to demand what are now called Nature Based Solutions for stormwater when the state of RI was dicsussing what to do about wet weather sewage overflows, but we persisted and eventually the Narragansett Bay Commission got the messsage and put it in the CSO plan. Now it is the appropriate first thing to look at. If you want to learn more come to the 2024 RI Stormwater Expo on October 16 at the Roger Williams Park Casino and various stormwater management installations.

  2. Frankly this should come as no surprise, as the invaluable ecosystem services of nature have been well documented over the past decades. As a native of Belize, I’m inspired by the emerging integration of wet lands (Belize has its fair share) in climate mitigation plans. Indeed many, if not all, countries face increasing climate hazards. A couple years ago we made international news with the issuance of a Blue Bond (tied to ocean conservation, of course). I’d like to think that investment solutions for NBS can borrow a couple pages from those sector adjacent playbooks.
    If anyone at ECORI can point me to reputable resources through which I can edify myself on blue/NBS investment principles, I´d be most grateful!

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