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Economic benefits of nature-based solutions in relation to sea level rise, storm surges and extreme rain
Number of Authors: 3
Responsible organisation
2024 (English)Book (Other academic)
Abstract [en]

Nature-based solutions (NBSs) can help adapt to climate change, particularly regarding sea level rise, storm surges, and extreme rainfall. To better assess their impact, positive externalities like public health, biodiversity, and eco system services such as water purification and carbon sequestration, should be included in cost-benefit analyses (CBAs) for climate adaptation decisions. This report presents six NBS case studies from Nordic countries, where positive externalities are monetized by using benefit transfer techniques, and discusses how this affects CBA outcomes. Our results show that including these externalities significantly increases social benefits, potentially shifting CBAs from net costs to net benefits.

Place, publisher, year, edition, pages
Copenhagen: Nordisk Ministerråd, 2024. , p. 48
Series
TemaNord, ISSN 0908-6692 ; 2025:516
National Category
Natural Sciences
Research subject
Environment and Climate; Sustainable development; Nature; Economy
Identifiers
URN: urn:nbn:se:norden:org:diva-13509DOI: 10.6027/temanord2025-516ISBN: 978-92-893-8173-4 (electronic)ISBN: 978-92-893-8174-1 (electronic)OAI: oai:DiVA.org:norden-13509DiVA, id: diva2:1940165
Available from: 2025-02-25 Created: 2025-02-25 Last updated: 2025-06-12

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CiteExportLink to record
Permanent link

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Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
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  • Other locale
More languages
Output format
  • html
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  • asciidoc
  • rtf