Nature Based Solutions

Definition ∞ Nature based solutions are actions that protect, sustainably manage, and restore natural or modified ecosystems to address societal challenges effectively and adaptively. These solutions simultaneously provide human well-being and biodiversity benefits. Examples include reforestation, wetland restoration, and sustainable land management practices. They offer a cost-effective approach to climate change mitigation and adaptation.
Context ∞ The financing and verification of nature based solutions are gaining prominence in global environmental and financial discussions. Blockchain technology is being explored to create transparent and verifiable markets for carbon credits and other environmental assets derived from these solutions. News often covers initiatives that leverage digital systems to track the impact and funding of such ecological projects.