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This paper reviews the prospective roles of NBS as offsets in corporate mitigation strategies and as a source of finance for NBS to combat climate change. It briefly describes the benefits of NBS, summarizes the risks associated with the use of offsets, and offers strategies for managing those risks. The paper identifies policy arenas in which the standards for using NBS as offsets are under discussion and suggests “no regrets” actions that companies can take now.

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This paper analyzes climate-related physical risk assessment guidance from leading corporate disclosure initiatives to examine whether existing publicly available guidance aligns with climate science and provides consistent terminology and robust methodologies for risk assessment.

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