Hello and welcome to another episode of Accelerating Transition, Goldman Sachs

Podcast on Climate Sustainability and the path to net zero.

I'm Karamangone, Global Head of Climate Strategy

here at the firm.

Today, we're going to talk about a key part

of the effort to reach net zero, nature-based solutions.

As of now, public companies representing more than two-thirds of global GDP have committed to net zero targets.

Meeting those targets will require companies to reduce their carbon footprint and incorporate climate considerations into their business strategies going forward.

Nature-based solutions allow them to do just that.

To tell us more about what this looks like in practice, I'm joined by two of my colleagues from our asset management division,

Lisa Williams and Peter Kelly, who work in our Ames Imprint Investment Vertical,

where they advise clients on investments that are net positive for the

planet but also for returns. Lisa, Peter, thank you so much for joining us today.

Thanks so much, Kara. Thanks for having us. You have both been working in this space for quite some time and come out from very complementary perspective so I'm excited to explore this with you today

Peter you spend a lot of time in our investment portfolio,

and Lisa, you spend time with our clients

who are really grappling with how to think about

and then implement decarbonization strategies.

So maybe for the start of the conversation,

just walk us through, how do you define nature-based solutions and then Peter could you add a few examples of solutions that are in effect today?

So when we think about nature-based solutions, they're really investments in conservation,

restoration, and land management programs that increase carbon storage and reduce emissions.

...