Signal Nature-based solutions save 57 billion dollars in flood damage a year

Summary

The report argues that working with natural processes and restoring ecosystems can address environmental problems and avoid large damage costs. Mangrove restoration is given as an example. Nature-based solutions are estimated to prevent 57 billion US dollars of flood damage every year across the US, Vietnam, Mexico, India and China. The report also sees protecting and improving nature as good for the economy through new jobs, tourism and local investment. Access to green and blue space improves physical and mental health and could cut NHS costs by 2.1 billion pounds a year. The report presents these gains as additional benefits of acting on biodiversity loss.