The overall objective of EU-VNP-Net is to establish, support and energise an EU Valuing Nature Network of Networks (EU-VNN) and to implement a prioritised EU Valuing Nature Programme (EU-VNP) that, together, build synergies and collaborations among relevant existing and emerging networks (global, EU, national, sector, thematic, research and innovation), accelerate mainstreaming and operationalization of natural capital (NC) by businesses across the EU – in particular through uptake of NC assessment, NC accounting (NCA), nature-based solutions (NBS) and green infrastructure (GI) – and thereby contribute to the green economy and sustainable development. The EU-VNP will: (1) bring together, taking stock of and showcase relevant work being undertaken in the EU; (2) shape business perception in the EU of the value of nature as a business opportunity and as a means of reducing business risk and fostering sustainable business; (3) facilitate corporate uptake in the EU of the Natural Capital Protocol, which enables businesses to integrate NC in to business decision-making frameworks and models; (4) stimulate uptake in the EU of NCA so that businesses and their stakeholders are better aware of the value of nature in relation to business, and strengthen coherence between private and public sector work on NCA; (5) stimulate uptake in the EU of NBS, GI and related ecosystem-based solutions that enable businesses to reduce impacts and dependencies on NC and deliver benefits for both nature and business; (6) ensure that approaches adopted are optimal and scientifically rigorous; (7) explore options for a longer-term EU-VNN and/or EU-VNP beyond end of project. EU-VNP-Net will deliver impact through: (1) mainstreaming NC assessment, NCA, NBS and GI in business decision-making frameworks and models; (2) business decision-makers acknowledging the micro-and macro-economic relevance and value of NC approaches; (3) attracting private and public funding for further adoption.

The frontrunner cities of Manchester (UK), Valencia (Spain), Wroclaw (Poland) and Wuhan (China) and the Fellow cities Brest(France), Zadar (Croatia) and Modena (Italy) are currently inhabited by 12.7 million people and sit at the heart of wider metropolitan areas which are home to 17.8 million people. All cities already experience flooding and heat stress, with projections for these issues to increase due to climate change and ongoing development. Working in complex, resource-constrained urban environments, the municipalities for each city have committed to delivering joined-up, cost-effective, smart solutions to address these and other urban challenges. They recognise that the cities of the future will need to achieve more with less resources and deliver genuine sustainable development that realises a broad range of social, economic and environmental objectives. Each city believes that nature-based solutions (NBS) are a critical part of this approach. GROW GREEN brings the partner cities together on the basis of these similarities but also their differences. Across the 6 European and 1 Chinese City they represent the range of different cities that are found across the world, and the different climate risks that they face. The cities will demonstrate a replicable approach for the development and implementation of city NBS strategies. The outcome will be more than simply demonstrating a methodology that works in the partner cities. GROW GREEN will provide the platform for a step change in the way that NBS are embedded in the long-term planning, development, operation and management of cities around the world. The project outputs will be promoted directly to 4-5 replication cities in Latin America, Africa and India to encourage them to develop and implement NBS strategies and to 146 Chinese ‘Sponge Cities’. These channels have been designed to create global demand for NBS and to promote European NBS products and services to meet this demand.