THE FUTURE OF NATURE-BASED VERSUS ENGINEERED PROJECTS
According to McKinsey, by 2030 NBS projects like forestation and soil carbon sequestration could contribute to over 15% of the world’s annual emissions reduction. On the other hand, renewable energy is scaling at an unprecedented level, with global solar capacity expected to grow by 600 gigawatts in 2024.
With this in mind, what are the values, limitations and challenges on a local and global scale for each type of project? Which will attract more funding, depending on the geography and developer type?