Hans Pijls, founder of the “Food for Good” urban farm in Utrecht, believes his project generates different types of value for the city, such as improving the economic value of surrounding buildings, boosting employment, and generating positive effects for health, well-being and urban biodiversity. But the initiative is only able to receive one type of public funding. To ensure its survival, Food for Good cooperates with local enterpreneurs and tries to generate some of its own income by selling the vegetables grown on the farm.
In the 4th episode of the Creating Green Cities podcast, we discuss the topics of business models and financing. Nature-based solutions are diverse and can be applied in diverse contexts and areas to achieve different aims. But who should pay for these solutions? And why? The business models behind nature-based solution initiatives can range from simple single-source funding to being a complex combination of public and private funding. Apart from Hans, we are joined by Logan Strenchock, Environmental and Sustainability Officer at the Central European University in Budapest. Together with our guests, we discuss different models for financing and capturing the value generated by nature-based solutions.