Dear TF3 member,
Thanks for your participation to the general TF3 Meeting, Monday, February 07th from 3.30 - 4.30 CEWT.
Please find the minutes, the slide-deck (I proposed each Work-Stream (WS) lead to use by the End of February to describe their WS), the excel-sheet (to collect your project’s inputs and presented by Graeme Nicholls) and the presentation made during the meeting on our TF3 Workspace on the NN-Platform: Task Force 3: Governance, Business Models and Financial Mechanisms | NetworkNature
I would like to underline the presentation done by Graeme Nicholls (Graeme.Nicholls@trinomics.eu) of the inputs required by the Invest-EU Study “Assessment of access to finance conditions for innovative NBS in the EU”. Please read his message below.
Having been informed about the new publication made by Edoardo Croci, Benedetta Lucchitta and Tommaso Penati, I added in the minutes a link to the summary related to this paper (“An urban PES model for diffused green areas requalification and maintenance in Milan”: The paper investigates the structure and the impacts of an innovative PES scheme implemented at the urban scale ). Do not hesitate to contact them.
Our next TF3 Meeting will take place on Monday, April 4th 2022 from 3.30 till 5.00 CEST (you should receive an Outlook invitation (as a “save the date”) today).
Message from Graeme Nicholls:
As part of a current project for the EC and the European Investment Bank, Trinomics and Bankers Without Boundaries (BWB) are assembling all available data on NBS projects within the EU that involve ‘on-the-ground’ implementation, to assist an understanding of the scale and nature of the NBS market within the EU.
Trinomics is engaging directly with the owners of key NBS project databases, in the hope that they will share the background data from their databases and allow us to build a comprehensive database of NBS projects through these and other sources. The purpose of this work is to build as complete a picture of current NBS projects in the EU, to inform a better understanding of the scale and nature of the market, and future actions to grow the NBS market in Europe. We would be happy to discuss the sharing of any completed data (i.e. provide any raw data that Trinomics can manually insert into the attached excel template) or we would invite you to directly add any case study examples into the attached excel. We do not expect find complete data for each entry, but any information would be greatly appreciated. The excel sheet contains information in the ‘READ ME’ tab on the types of data we are looking for.
Furthermore, BwB is conducting an in depth financial analysis of the NbS landscape across Tasks 3 and 4, in Europe. Task 3 consists of mapping the key financial information for NbS projects. The data we are hoping to collect, includes:
- Key financial actors (e.g. Institutional Investors, EU Institutions, Charities, Philanthropy, etc.)
- Financial Instruments (e.g. Loans, Equity, Debt, Insurance, Bond etc.)
- Sector of NbS
- Size of investment
- Stage of the project invested
- Spatial scale of investing
Into Task 4, and we are looking to curate a bespoke project pipeline for the EIB. For this, we are looking to create a project list of approximately 30. The purpose of this is to the conduct a financial viability analysis and provide the EIB with a pipeline of approximately 5-10 projects to be financed. We would like to ask if anyone has visibility on investable projects that can be put forward as suggestions for this pipeline.
And finally, we are looking to send out a questionnaire to key financial stakeholders investing in NbS, in Europe. This is to understand how the NbS market looks at present, and how it is hoped the market evolves into the future. If anyone has important contacts that should be sent the questionnaire, please put these names forward.
We would like to clarify that we do not expect all information to be provided across all projects, however we are hoping we can be provided substantial information nonetheless.
Please do not hesitate to come back to me for any suggestions or modifications to these minutes (this is very welcome).
All the best,
Matthieu Grosjean