踏まえる
ふまえる · fumaeru · JLPT N1 · verb-ichidan
to be based on
踏 (step on) + まえる (in front): to build on what you have already stepped on, as a foundation
Literally 'to step upon': a base you stand on. Something is 踏まえて when it is the ground you build from, so 'based on' fits.
踏 — foot radical 足 + 沓 (phonetic)
踏 combines the foot radical 足, which signals meaning related to feet or walking, with 沓 as the phonetic component hinting at the sound. The character originally meant to step on or tread, and this core sense of placing the foot down has remained stable through history.