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Nature-based solutions, also known as natural climate solutions, involve projects that protect, transform, and restore ecosystems to enhance human well-being and biodiversity. Examples include forest planting and blue carbon ecosystem restoration, which capture and store carbon dioxide, reducing greenhouse gas (GHG) emissions. These projects can be converted into carbon credits, verified by third-party agencies such as Verra, and contribute to the global carbon credits market. Notably, the rise of REDD+ projects, addressing deforestation and forest degradation, has impacted the forestry and land use activities market. Industries, including oil and gas companies like Shell and BP, are increasingly integrating nature-based carbon credits to address their emissions footprint. With nature-based solutions expected to provide over 37% of necessary emissions reductions, the future anticipates stricter protocols to ensure the credibility of these credits, driving increased demand and supporting afforestation and reforestation projects.

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