Nature Solutions Finance Hub for Asia and the Pacific (NSFH)
A financing/platform initiative to mobilize and channel money into “nature-based solutions” projects (e.g., restoring forests/mangroves, watershed protection, biodiversity-linked climate resilience).
Nature-based solutions
Actions that protect, restore, or sustainably manage ecosystems to address challenges like climate change, disaster risk, water security, and biodiversity loss.
(a) ADB (Asian Development Bank): Multilateral development bank focused on Asia-Pacific development finance.
(b) AIIB: Multilateral bank focused largely on infrastructure and connectivity.
(c) NDB: BRICS-led development bank.
(d) IBRD: The World Bank’s lending arm for middle-income countries.
The Asian Development Bank (ADB) launched the Nature Solutions Finance Hub for Asia and the Pacific (announced at COP28, December 2023).
From across UPSC, JKPSC, and JKSSB papers — same subject, different years.