Nature-as-a-Service (NaaS)
What’s different about NaaS?
1. It expands the investment opportunity by putting a price on Nature
NaaS puts a price on the ecosystem services provided by Nature which delivers returns to investors. This mechanism will connect finance to Nature at the scale required, a scale which the UK’s current Biodiversity Net Gain (BNG) and carbon markets cannot support.
2. It frames Nature as business-critical infrastructure
NaaS focuses on the real-world risks that companies face and pay for:
Flooding
Drought
Water quality
Biodiversity loss
Carbon emissions
On the current climate and Nature trajectory, managing these risks will become more difficult and expensive. Through Nature-as-a-Service (NaaS) contracts, companies, communities, and cities can pay for the services provided by natural infrastructure. These contracts offer a cost-effective and sustainable solution to managing significant environmental risks.
NaaS provides companies with the opportunity to address the root of the problem rather than continuously paying for the consequences.
3. It builds a collective-solution mindset to business risk mitigation
NaaS will bring together a group of companies who have assets and operations at risk in a specific catchment area. Using our GPAP platform, which aggregates and analyses localised data we will quantify the climate and Nature-related risks individual companies face. This allows us to present a robust business case for pooling the cost of a Nature-based solution with other companies facing similar risks.
NaaS contracts will be priced to be more attractive to individual companies than pursuing their own risk mitigating options, such as hard engineering projects, insurance and operational adjustments.