This report introduces "Nature Tech" as any technology that enables, accelerates, and scales up Nature-based Solutions (NbS).
While NbS are crucial for addressing climate change and biodiversity loss, they are massively underfunded. Nature Tech is presented as the key to building the necessary trust for investment by improving the measurement and verification of nature's value. The market, currently estimated at $2 billion, is projected to grow to $6 billion in less than ten years.
The report categorizes Nature Tech into four main segments:
Deployment: Applying technology to implement NbS.
MRV: Measuring, Reporting, and Verifying the impact of these solutions.
Transparency: Making the ownership and transactions of natural assets visible.
Connection: Linking communities and individuals to markets and knowledge.
Ultimately, the report portrays the Nature Tech market as a dynamic and essential field poised for significant innovation and growth.