Nature Based Solutions are being rapidly adopted to solve industry problems with climate change, pollution, and water quantity and quality
New York and Santa Cruz, April 26, 2021, Business Wire — EcoMetrics, LLC, the premier provider of measurement to quantify and monetize the value of ecosystem services, and Aqaix, a Fintech providing software for financing resilience infrastructure, today announced a webinar series on new, key strategies and tools for financing Nature Based Solutions.
Nature Based Solutions are infrastructure projects that restore and enhance natural ecosystems and leverage ecosystem services. Nature Based Solutions projects are frequently used to mitigate stormwater flood damage and stormwater pollution sequester carbon, and improve biodiversity. Although NBS strategies are increasingly important, given climate change and growing water quality and quantity issues, they are also perennially underfunded.
“There is about a $711 billion annual shortfall in funding for Nature Based Solutions projects”, said EcoMetrics President Ed Pinero. “Meanwhile, natural environmental systems deliver about $125 trillion in annual value from their services to cleanse water and air, improve climate change resilience, mitigate flooding and drought damage, and provide other benefits. Because we can now quantify those benefits using today’s data and computing capabilities, we can also monetize them to encourage investment to fill the financing shortfall by making a more compelling business case.”
The free virtual webinar series, which starts May 26, 2021 with a session each month, will cover solutions and strategies, including green bonds and other data driven bonds; monetization through carbon credits, water quality and quantity credits, biodiversity credits; aquifer recharge and groundwater markets; and stormwater trading. The sessions will feature panelists from thought-leading nonprofits, companies, financial institutions, government agencies, and academic institutions.
“Nature Based Solutions are becoming hugely important as we plan for climate change adaptation, said Aqaix CEO Michael Gardner. “In California they’re being used to help recharge severely depleted groundwater reserves. On the East Coast they’re helping with more frequent and more intense rainfall events, and globally there’s rapidly growing awareness of their ability to sequester carbon and foster biodiversity. Green bonds, carbon credits, biodiversity credits, and stormwater trading markets are all examples of new financial instruments which can be used to help fund these types of projects.”
Click here to register.
About Ed Pinero and EcoMetrics LLC
EcoMetrics is a methodology that captures the Full Value of a project’s environmental, social and economic impacts in a format that is fully documented, verified, and ready for audit. Originally developed by Restore the Earth Foundation to document the value created by their restoration initiatives, EcoMetrics, a cloud based technology and methodology, is now a stand-alone offering. It captures the Full Value of a project’s environmental, social and economic impacts, all fully documented, 3rd party verified, and ready for audit. EcoMetrics applied to a variety of project and activity types, and is a reporting framework that companies of all kinds can use. Ed is President of EcoMetrics LLC and over his 40-year career, Edwin has worked in the private and public sectors in various roles and as a consultant to many clients on sustainability, environment, and energy.
About Michael Gardner and Aqaix
Aqaix offers cloud Fintech software for financing resilience infrastructure, including project finance software, data integration tools, and a new platform for automating water trading and water markets. Founded in 2017 and headquartered in Santa Cruz, California, Aqaix has customers and partners globally who are focused on improving resilience through Nature Based and other types of projects. Michael Gardner has had a long tenure leading Silicon Valley engineering teams, including stints at eBay, Apigee, and BNY Mellon, and founded Aqaix as the first Fintech focused on resilience infrastructure finance.
Learn more at http://www.aqaix.com