Use ecosystem services modelling in order to guide the business case for corporate investment in nature-based solutions that is aligned with company ESG goals.
Ideally improving some of the methods that the DP14 already employ, or alternatively going into serious detail into one project and comparing/contrasting versus our simplified approach in order to see added value of more comprehensive assessments. Also, improved ability to link water replenishment project investment to corporate sustainability targets for biodiversity and/or climate.
denkstatt will carry out DP14 building on data for projects funded by The Coca-Cola Foundation throughout the EU27 and greater Europe continent. The Coca-Cola Foundation has funded ~250 watershed conservation and community water projects, as well as 300 such programmes worldwide, as part of a global commitment to achieving 100% regenerative water use in bottling operations in water-stressed areas by reducing, reusing, recycling and locally replenishing water.
Around 20 projects are located within the EU27. These projects are implemented with a diverse set of partners, including leading NGOs and nature conservation organisations. In 2020, denkstatt developed a methodology for measuring the ES benefits of replenish projects, which has been trialed on around 20 projects globally (described in a dedicated report).
In SELINA, DP14 will continue this work, and will aim to identify ways to fill common data gaps and develop actionable NBS valuation approaches that can be readily used by non-specialists. The aim is to establish actionable valuation methods that can be used to build the business case for NBS in corporate decision-making.