New insights from four NATURANCE Innovation Labs show how risk transfer and nature-based solutions can work hand in hand to address escalating climate risks. From flood resilience in the UK and Italy to wildfire and urban heat challenges across Europe, the brief highlights practical opportunities to scale NbS where they are needed most.
This brief is part of a NATURANCE series for policymakers and finance professionals, exploring how nature-based solutions (NbS) can be integrated into insurance and investment. Drawing on four Innovation Labs, it examines how risk transfer and NbS can support each other and highlights opportunities across flood resilience in the UK and Italy, wildfire risk, and urban heat in Europe.
Nature-based solutions (NbS) use natural processes to address risks like flooding, wildfires, and urban heat while delivering environmental, social, and economic benefits. Risk transfer can improve their financial viability, while NbS can enhance the sustainability of these mechanisms by reducing risk.
The IIASA NATURANCE team from the Equity and Justice (EQU) Research Group in the Population and Just Societies (POPJUS) Program is leading Work Package 3 which will analyse governance, policy and market/business enablers and barriers of innovative and equitable nature-based insurance and investment solutions and identify good practice and policy reforms for unlocking the business potential of NbS and scaling up.
© NATURANCE
This brief is part of a NATURANCE series for policymakers and finance professionals, exploring how nature-based solutions (NbS) can be integrated into insurance and investment. Drawing on four Innovation Labs, it examines how risk transfer and NbS can support each other and highlights opportunities across flood resilience in the UK and Italy, wildfire risk, and urban heat in Europe.
News
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