Add to CalendarIn this session, we explore the potential of insurance solutions to close biodiversity financing gaps by providing financial security to ecosystems such as natural reserves, coral reefs and other critical habitats. Governments and conservation organizations often face high recovery costs after natural disasters and are under constant pressure to invest in ecosystem restoration. Insurance mechanisms can offer innovative ways to transfer risks, reduce financial burdens and create sustainable financing strategies for biodiversity.
By highlighting real-world examples, we will demonstrate how nature-based insurance products – often backed by governments and international organizations – are becoming essential tools for preserving ecosystems. The session aims to foster an understanding of how these insurance solutions can not only protect biodiversity but also build resilience against the impacts of climate change.
