Technology & Data

Nature-based Tool Enhances Transparency

Global decarbonisation and environmental services company ClimeCo has created an online tool that matches organisations with nature-based solutions (NbS) in line with their objectives, budget and priorities. The tool, called ClimeCo NatureLink, is targeted at companies, foundations and investors, and aims to reduce confusion and boost organisations’ pursuit of sustainability goals. The tool utilises an online questionnaire to garner input from users on offtake and structure, geographic and project-type preferences, use of carbon credits, desired standards and labels, financial metrics, level of support, and the need for additional revenue streams. This then generates a list of optimal projects and partners from a portfolio of validated global NbS options, providing choices for investors and other users. NbS could help to avoid or remove as much as 10 gigatonnes of CO2 equivalent per year by 2050. “Nature-based solutions are not a one-size-fits-all approach,” said Emma Cox, Executive Vice President of Commercial at ClimeCo. “By acting as a matchmaker, we are addressing an industry-wide challenge: streamlining the project procurement process and ensuring that each stakeholder’s specific needs are met to drive the most meaningful environmental and financial outcomes.”

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