We are pleased to share with you a new publication titled “Ecosystem-based Adaptation and Insurance: Success, Challenges and Opportunities”. The study sheds light on the linkages between Ecosystem-based Adaptation (EbA), and more broadly Nature-based Solutions (NbS), with risk financing and insurance instruments, and the potential as well as the limitations of a strengthened engagement between the insurance and environmental sectors for improved resilience outcomes.
The risks to people and ecosystems from natural hazards are growing with climate change, and while various studies have examined the effectiveness of EbA or insurance measures for climate adaptation separately, this study provides evidence on the resilience benefits of integrated solutions at the convergence of both measures, and potential barriers in effective implementation. The objective is to provide relevant findings for both policymakers and on-the-ground practitioners in their quest for sustainable and cost-effective resilience solutions, and therefore looks at the structural, institutional and technical dimensions of existing implementation efforts through 11 case studies.
This study is a joint effort of the InsuResilience Global Partnership, ACRI+ and the Global Project Mainstreaming EbA implemented by GIZ on behalf of BMU. It was conducted by The Nature Conservancy, Social Impact Partners, and the University of Santa Cruz California, and is part of a series of knowledge contributions to the working group on “integrated resilience approaches” under the InsuResilience Global Partnership.
The findings have been presented in a webinar will has been recorded and published on adaptationcommunity.net.
Next Friday, May 17th at 14:30 we will present ways to "Boost your Social Impact with Innovative Financing: Parametric Solutions for Disaster Risk Reduction" at the UN Global Platform for Disaster Risk Reduction in Geneva.
The Global Platform for Disaster Risk Reduction is a multi-stakeholder forum established by the UN General Assembly to share knowledge and discuss developments and trends in reducing disaster risk.
See you there!