Skip to main content

Nature for insurance, and insurance for nature

Objective

Nature-Based Solutions (NbS) can provide means to regulate GHG in the atmosphere, mitigate climate hazard risks - through mass stabilisation, water flow regulation, wind dissipation, and temperature regulation - remove particle pollution and im-prove air quality, protect soil and biodiversity, and enhance climate resilience. The Naturance project will examine technical, financial and operational feasibility and performance of solutions that are built upon and combine disaster risk financing & investments with nature-based solutions. To this end we will stimulate dialogues, knowledge sharing and mutual learning across different areas of policy and practice. Our ambition is not only to produce a comprehensive and collaborative assessment of nature-based insurance and investment solutions from societal and business perspective: our ultimate goal is to encourage adoption of jointly elaborated principles, performance metrics and recommended approaches to analysis and design, in accordance with EU framework for sustainable finance.
The project will
Establish a ‘Network of existing networks’ by connecting existing major knowledge networks and fostering cross-domain knowledge sharing and collaborative marketplace for innovative nature-based insurance & in-vestment solutions.
Initiate and organise innovation finance and policy labs seeking to assess existing and explore new areas for insurance & investment solutions and revenue models supporting NbS.
Analyse policy and governance conditions that are conducive to or hamper adoption of sustainable and equitable innovative green insurance and investment solutions for NbS and identify examples of inspirational practice and policy reforms unlocking their business potential and scaling up their deployment.
Analyse models, methods, scenarios and metrics used for assessing risk-reduction performance of NbS, as well as their wider societal benefits, and contribute to a better integration of ecosystem and economic risk modelling.
Build awareness and capabilities for green financial innovations, so to creating conditions for inclusive and transformative change in regions embarked in the Mission on climate adaptation & societal transformation.

Coordinator

FONDAZIONE CENTRO EURO-MEDITERRANEOSUI CAMBIAMENTI CLIMATICI
Net EU contribution
€ 735 000,00
Address
Via Marco Biagi 5
73100 Lecce
Italy

See on map

Region
Sud Puglia Lecce
Activity type
Research Organisations
Non-EU contribution
€ 0,00

Participants (6)

STICHTING VU
Netherlands
Net EU contribution
€ 455 250,00
Address
De Boelelaan 1105
1081 HV Amsterdam

See on map

Region
West-Nederland Noord-Holland Groot-Amsterdam
Activity type
Higher or Secondary Education Establishments
Non-EU contribution
€ 0,00
INTERNATIONALES INSTITUT FUER ANGEWANDTE SYSTEMANALYSE
Austria
Net EU contribution
€ 558 750,00
Address
Schlossplatz 1
2361 Laxenburg

See on map

Region
Niederösterreich Wiener Umland/Südteil
Activity type
Research Organisations
Non-EU contribution
€ 0,00
KARLSRUHER INSTITUT FUER TECHNOLOGIE
Germany
Net EU contribution
€ 333 500,00
Address
Kaiserstrasse 12
76131 Karlsruhe

See on map

Region
Baden-Württemberg Karlsruhe Karlsruhe, Stadtkreis
Activity type
Higher or Secondary Education Establishments
Non-EU contribution
€ 0,00
ICLEI EUROPEAN SECRETARIAT GMBH (ICLEI EUROPASEKRETARIAT GMBH)
Germany
Net EU contribution
€ 458 187,50
Address
Leopoldring 3
79098 Freiburg Im Breisgau

See on map

SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Baden-Württemberg Freiburg Freiburg im Breisgau, Stadtkreis
Activity type
Other
Non-EU contribution
€ 0,00
STOCKHOLMS UNIVERSITET
Sweden
Net EU contribution
€ 283 500,00
Address
Universitetsvagen 10
10691 Stockholm

See on map

Region
Östra Sverige Stockholm Stockholms län
Activity type
Higher or Secondary Education Establishments
Non-EU contribution
€ 0,00
WILLIS TOWERS WATSON GMBH
Germany
Net EU contribution
€ 382 500,00
Address
Ulmentstr 30
60325 Frankfurt Am Main

See on map

Region
Darmstadt Frankfurt am Main, Kreisfreie Stadt
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Non-EU contribution
€ 0,00