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Innovating Nature-based Solutions: learnings from the EU Horizon 2020 RECONECT project
This paper proposes a specialised framework that integrates the Technology Readiness Levels (TRLs) and the Commercial Readiness Index (CRI) to assess learnings from a Horizon 2020 (H2020) project on innovation development via the selection and enhancement of supporting tools and technologies for Nat...
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Published in: | Blue-green systems 2024-06 |
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Main Authors: | , , , , , , , |
Format: | Article |
Language: | English |
Online Access: | Get full text |
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Summary: | This paper proposes a specialised framework that integrates the Technology Readiness Levels (TRLs) and the Commercial Readiness Index (CRI) to assess learnings from a Horizon 2020 (H2020) project on innovation development via the selection and enhancement of supporting tools and technologies for Nature-based Solutions (NbS) implementation and evaluation. We developed and applied the methodology to scout NbS-related innovations that are at a certain TRL and had the potential for commercial exploitation, and then included tailored activities to help these solutions to reach at least CRI-1 (i.e. have the business model outlined, initial market research done, business case formulated). The tools and technologies were assessed through a lens of innovation, explication, and upscaling. As a result, novel guidelines tailored for NbS innovations were established to introduce a participatory approach in TRL and CRI evaluations to support commercial exploitation for upscaling NbS into mainstream society through market uptake of H2020 frameworks. |
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ISSN: | 2617-4782 2617-4782 |
DOI: | 10.2166/bgs.2024.048 |