<p>In 2023, the sixth United Nations Environment Assembly (UNEA) convention provided the first multilateral&nbsp; definition of Nature-based Solutions (NbS), emphasizing their dual role in protecting nature and benefiting humans and biodiversity. Although not explicitly recognised under the United Nations Framework Convention on Climate Change (UNFCCC) framework, NbS are acknowledged through references to, inter alia, ecosystems, forests and carbon sinks in the Paris Agreement and CoP Decisions. Nationally Determined Contributions (NDCs) submissions have increasingly mentioned (indirectly and explicitly) NbS, especially in the second round. What are Nature-based Solutions? What is the role of NbS in the context of the UNFCCC, particularly in climate change mitigation? Does the private sector have a role in financing NbS activities?batteries, metal-air batteries and redox flow batteries.</p>
