Methodology for assessing NBCs to achieve carbon neutrality

\nIn a modern economy focused on low-carbon trends, it is possible to achieve sustainable development through an effective assessment of the main object, namely natural capital, which makes it possible to form natural solutions aimed at reducing climate risks and threats as a result of the anthropogenic impact of economic processes on the environment. The concept of natural solutions has spread amid increasing attention to the problem of climate change, primarily in the context of recognizing the role of ecosystems in storing and absorbing CO2 in order to mitigate climate change, that is, the role of mitigation. An important advantage of natural and climatic solutions is the economic advantage expressed in their lower cost compared to technological solutions for carbon sequestration. The purpose of this study was to analyze methodological approaches to the economic assessment of natural and climatic solutions, which are complex practices with consumer (market) and non-consumer (non-market) values aimed at protecting, restoring and sustainable use of natural ecosystems. The article presents an algorithm, the advantages and disadvantages of the main methodological approaches to the economic assessment of natural and climatic solutions are formed. The main problems of their application and the factors influencing this process are outlined.\n

Publication Details

Journal
Springer Link (Chiba Institute of Technology)
Published
2024-11-28
DOI
https://doi.org/10.1051/bioconf/202414506004/pdf
Primary Topic
Mycorrhizal Fungi and Plant Interactions
Type
article
Field-Weighted Citation Impact
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article

Methodology for assessing NBCs to achieve carbon neutrality

Springer Link (Chiba Institute of Technology)
Mycorrhizal Fungi and Plant Interactions
article

Methodology for assessing NBCs to achieve carbon neutrality

article en

Abstract

\nIn a modern economy focused on low-carbon trends, it is possible to achieve sustainable development through an effective assessment of the main object, namely natural capital, which makes it possible to form natural solutions aimed at reducing climate risks and threats as a result of the anthropogenic impact of economic processes on the environment. The concept of natural solutions has spread amid increasing attention to the problem of climate change, primarily in the context of recognizing the role of ecosystems in storing and absorbing CO2 in order to mitigate climate change, that is, the role of mitigation. An important advantage of natural and climatic solutions is the economic advantage expressed in their lower cost compared to technological solutions for carbon sequestration. The purpose of this study was to analyze methodological approaches to the economic assessment of natural and climatic solutions, which are complex practices with consumer (market) and non-consumer (non-market) values aimed at protecting, restoring and sustainable use of natural ecosystems. The article presents an algorithm, the advantages and disadvantages of the main methodological approaches to the economic assessment of natural and climatic solutions are formed. The main problems of their application and the factors influencing this process are outlined.\n

Springer Link (Chiba Institute of Technology)
Responsible consumption and production
Openalex Percentile: Top 57%
Mycorrhizal Fungi and Plant Interactions
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