Conceptual and Operational Integration of Governance, Financing, and Business Models for Urban Nature-Based Solutions

Governance, financing, and business models are deeply interlinked and relevant for the successful implementation of urban nature-based solutions (NBS). However, during the definition of urban NBS projects the importance and interrelation of these models are usually neglected. To overcome this limita...

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Autores principales:	Aitziber Egusquiza, Maider Arana-Bollar, Amaia Sopelana, Javier Babí Almenar
Formato:	article
Lenguaje:	EN
Publicado:	MDPI AG 2021
Materias:	nature-based solutions implementation models governance financing business models urban areas Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
Acceso en línea:	https://doaj.org/article/9b6558494f3b480da6039e675d97c95f
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spelling	oai:doaj.org-article:9b6558494f3b480da6039e675d97c95f2021-11-11T19:37:36ZConceptual and Operational Integration of Governance, Financing, and Business Models for Urban Nature-Based Solutions10.3390/su1321119312071-1050https://doaj.org/article/9b6558494f3b480da6039e675d97c95f2021-10-01T00:00:00Zhttps://www.mdpi.com/2071-1050/13/21/11931https://doaj.org/toc/2071-1050Governance, financing, and business models are deeply interlinked and relevant for the successful implementation of urban nature-based solutions (NBS). However, during the definition of urban NBS projects the importance and interrelation of these models are usually neglected. To overcome this limitation, this paper presents an overarching framework (conceptual and operational) and a derived preselection web tool which interrelate governance, financing, and business models for NBS projects. First, based on recent literature, governance, financing, and business models that could be applied to NBS were mapped, and their integration proposed. Later, key contextual factors influencing NBS implementation were identified. They form the basis of a WHAT–WHO–HOW framework that structures the links between specific NBS projects, their implementation context, and the most suitable models. From that framework, and an analysis of 50 successful NBS case studies, a suitability matrix was developed with known models. The matrix allows pairing types of NBS and their initiating actors with suitable financing and governance models. Lastly, a tailored NBS business model canvas was designed to evaluate the business model components. From the overarching framework, the preselection web tool was created to guide decision-making on suitable governance, finance, and business models in the early phases of NBS projects.Aitziber EgusquizaMaider Arana-BollarAmaia SopelanaJavier Babí AlmenarMDPI AGarticlenature-based solutionsimplementation modelsgovernancefinancingbusiness modelsurban areasEnvironmental effects of industries and plantsTD194-195Renewable energy sourcesTJ807-830Environmental sciencesGE1-350ENSustainability, Vol 13, Iss 11931, p 11931 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	nature-based solutions implementation models governance financing business models urban areas Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
spellingShingle	nature-based solutions implementation models governance financing business models urban areas Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350 Aitziber Egusquiza Maider Arana-Bollar Amaia Sopelana Javier Babí Almenar Conceptual and Operational Integration of Governance, Financing, and Business Models for Urban Nature-Based Solutions
description	Governance, financing, and business models are deeply interlinked and relevant for the successful implementation of urban nature-based solutions (NBS). However, during the definition of urban NBS projects the importance and interrelation of these models are usually neglected. To overcome this limitation, this paper presents an overarching framework (conceptual and operational) and a derived preselection web tool which interrelate governance, financing, and business models for NBS projects. First, based on recent literature, governance, financing, and business models that could be applied to NBS were mapped, and their integration proposed. Later, key contextual factors influencing NBS implementation were identified. They form the basis of a WHAT–WHO–HOW framework that structures the links between specific NBS projects, their implementation context, and the most suitable models. From that framework, and an analysis of 50 successful NBS case studies, a suitability matrix was developed with known models. The matrix allows pairing types of NBS and their initiating actors with suitable financing and governance models. Lastly, a tailored NBS business model canvas was designed to evaluate the business model components. From the overarching framework, the preselection web tool was created to guide decision-making on suitable governance, finance, and business models in the early phases of NBS projects.
format	article
author	Aitziber Egusquiza Maider Arana-Bollar Amaia Sopelana Javier Babí Almenar
author_facet	Aitziber Egusquiza Maider Arana-Bollar Amaia Sopelana Javier Babí Almenar
author_sort	Aitziber Egusquiza
title	Conceptual and Operational Integration of Governance, Financing, and Business Models for Urban Nature-Based Solutions
title_short	Conceptual and Operational Integration of Governance, Financing, and Business Models for Urban Nature-Based Solutions
title_full	Conceptual and Operational Integration of Governance, Financing, and Business Models for Urban Nature-Based Solutions
title_fullStr	Conceptual and Operational Integration of Governance, Financing, and Business Models for Urban Nature-Based Solutions
title_full_unstemmed	Conceptual and Operational Integration of Governance, Financing, and Business Models for Urban Nature-Based Solutions
title_sort	conceptual and operational integration of governance, financing, and business models for urban nature-based solutions
publisher	MDPI AG
publishDate	2021
url	https://doaj.org/article/9b6558494f3b480da6039e675d97c95f
work_keys_str_mv	AT aitziberegusquiza conceptualandoperationalintegrationofgovernancefinancingandbusinessmodelsforurbannaturebasedsolutions AT maideraranabollar conceptualandoperationalintegrationofgovernancefinancingandbusinessmodelsforurbannaturebasedsolutions AT amaiasopelana conceptualandoperationalintegrationofgovernancefinancingandbusinessmodelsforurbannaturebasedsolutions AT javierbabialmenar conceptualandoperationalintegrationofgovernancefinancingandbusinessmodelsforurbannaturebasedsolutions
_version_	1718431482753581056

Conceptual and Operational Integration of Governance, Financing, and Business Models for Urban Nature-Based Solutions

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