This June 2021 report from Berkeley Law, UCLA, and Bank of America addresses policy mechanisms to drive investment in negative emissions from land-use, improvement of natural carbon sinks, and agricultural sector emissions reductions, among other nature-based solutions. The report proposes several policy solutions and innovations to tackle these challenges, including:
- Aligning nature-based investment products with existing international standards and labels
- Leveraging California Environmental Quality Act (CEQA) mitigation to fund projects on natural and working lands
- Standardizing accounting practices for measuring greenhouse gas impacts, environmental impacts, and community impacts
- Conducting advance planning and permitting for multiple potential projects to create “portfolios” for grantors and investors to finance