Overview

The NbS for Climate Mitigation and Adaptation (NCMA) project, titled as ‘Financing Nature-based Solutions: A path to prosperity, food security and resilience’, aims to create an action plan for unlocking climate mitigation financing potential of the land-based NbS initiatives in India. It intends to widen the NbS landscape beyond its current scope of developing nature based solutions for climate change adaption and conservation opportunities to include specific areas such as food security and livelihoods, which can be supported by incentives and philanthropic investments.

An advisory body consisting of 21 influential multi-sectoral experts, called the Technical Steering Committee (TSC), has been engaged for overall guidance to NCMA. It has representation from entrepreneurs in the climate investment and business sectors, policymakers at the national and sub-national level, and experts in climate-related data and modelling, along with FOLU India core partners, who are ex-officio members of the committee.

Under this programme, a methodology has been developed to identify financial mechanisms and gaps in financial flows towards land-based Natural Climate Solutions (NCS) in India. This methodology and the modelling infrastructure have been developed by the FOLU Global Secretariat for assessing the financing strategies to unlock and scale NbS in Kenya and Colombia and have been adapted to the Indian context. The activities envisaged under NCMA will help to sensitize and motivate public and private investors to unlock investments in India by highlighting viable investment opportunities and financial strategies in NbS.

Know more about FOLU India’s other initiatives towards a sustainable food system transition here.