The ASEAN NbS Finance Roadmap guides ASEAN Member States in scaling up and mainstreaming NbS financing by 2030 and beyond. Covering six pilot AMS, it provides a high-level overview of the NbS financing landscape, identifies key barriers and opportunities, and sets out priority actions to harmonise NbS financing and align it with climate, disaster risk reduction, and biodiversity finance. The roadmap finds that NbS financing in ASEAN is largely driven by public and international development finance, with limited private sector involvement. Climate adaptation offers the strongest pathway for scaling NbS, while disaster and biodiversity financing remain underutilised. Strengthening enabling environments, evidence, data platforms, and monitoring systems is essential to mobilise more diverse and resilient NbS financing across the region.

The key recommendations from the report include:

• Strengthen ASEAN’s role in providing a regional platform for knowledge-sharing, capacity-building and collaboration on NbS financing.
• Integrate NbS into financing frameworks, strategies and standards.
• Integrate NbS into national public budgets, investment plans and financial tracking systems, with a focus on priority sectors.
• Leverage the ability of dedicated national climate and environment funds to provide a long-term mechanism for locally led NbS financing.
• Build the awareness and capacity of AMS to access international NbS funding opportunities.
• Establish and scale up public and private investments in NbS projects through nature and climate financing hubs, derisking facilities, accelerators and innovative and blended finance approaches.
• Identify and develop cross-border and transboundary NbS financing mechanisms to support regional resilience and cooperation.
• Develop multi-stakeholder and cross-sectoral national NbS research, M&E, and knowledge-sharing platforms to strengthen evidence-based investment and innovative financing for NbS.
• Develop enabling and analytical tools to identify and map opportunities for NbS project financing.