Project description
Improving insurance options for climate adaptation in Europe
Europe must enhance its insurance coverage for climate adaptation to bolster resilience and preparedness in the face of the inevitable consequences of climate change. The EU-funded SOTERIA project is dedicated to improving insurance options for climate change adaptation across Europe. The project’s objectives encompass identifying best practices, testing insurance products and encouraging proactive prevention measures. Moreover, SOTERIA is establishing communities of practice aimed at developing affordable and accessible insurance schemes for all. This initiative involves a network consisting of three pilots and five satellites, each addressing various geographical areas and specific needs. These solutions will transition from the research phase to demonstration and testing, with at least three cases advancing to the pre-commercial procurement stage.
Objective
The SOTERIA project aims to advance innovative insurance solutions for climate change adaptation in different European regions and communities. To do so, SOTERIA will work through three main tracks forming the core of our approach: i) documenting best practice in relation to data, new insurance and robust enabling frameworks; ii) testing of some of these solutions; and iii) the creation of communities of practice for regions and insurance as legacy. We aim to help reducing the protection gap by documenting best practice and the testing of insurance products and services that reward proactive prevention measures while seeking to increase coverage through co-designed solutions. We will also consider the enabling framework that analyses the role of public sector modernisation and how to develop affordable insurance schemes that leave no one behind, through our Communities of Practice engaged in Climate Resilience society-insurance dialogues. SOTERIA will take these solutions from the levels of research to demonstration and testing with some at the level of pre-commercial procurement in at least three cases thanks to a network of three pilots and 5 satellites that span different geographical areas (and needs). The project legacy a set of best practice materials as well as a Community of Practice to support other regions interested to design and/or adopt innovative insurance solutions. SOTERIA will contribute to the wider goal of the Mission Adaptation to increase Europe’s resilience and preparedness to face unavoidable consequences of climate change by filling the gaps on insurance coverage for climate adaptation.
Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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HORIZON.2.5 - Climate, Energy and Mobility
MAIN PROGRAMME
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HORIZON.2.2 - Culture, creativity and inclusive society
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HORIZON.2.4 - Digital, Industry and Space
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HORIZON.2.3 - Civil Security for Society
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HORIZON.2.6 - Food, Bioeconomy Natural Resources, Agriculture and Environment
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
HORIZON-RIA - HORIZON Research and Innovation Actions
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) HORIZON-MISS-2022-CLIMA-01
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
48940 Leioa
Spain
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Participants (15)
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28232 Las Rozas De Madrid
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1166 Oslo
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04318 Leipzig
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7034 Trondheim
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0349 Oslo
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08038 BARCELONA
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81675 Munchen
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
15 341 AGIA PARASKEVI
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85354 Freising
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121 32 PERISTERI
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1113 Sofia
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Participation ended
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46018 VALENCIA
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5300 Gabrovo
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84000 AVIGNON
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The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.
Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
46001 Valencia
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Partners (17)
Partner organisations contribute to the implementation of the action, but do not sign the Grant Agreement.
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4051 Basel
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Partner organisations contribute to the implementation of the action, but do not sign the Grant Agreement.
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04109 Leipzig
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06116 Halle (Saale)
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0191 Oslo
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Partner organisations contribute to the implementation of the action, but do not sign the Grant Agreement.
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0106 Oslo
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Partner organisations contribute to the implementation of the action, but do not sign the Grant Agreement.
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80539 München
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Partner organisations contribute to the implementation of the action, but do not sign the Grant Agreement.
Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
10000 Zagreb
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Partner organisations contribute to the implementation of the action, but do not sign the Grant Agreement.
Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
10117 Berlin
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122 43 EGALEO
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
80333 München
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The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.
Partner organisations contribute to the implementation of the action, but do not sign the Grant Agreement.
Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
23 000 Zadar
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7713 Steinkjer
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Partner organisations contribute to the implementation of the action, but do not sign the Grant Agreement.
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1463 Sofia
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Partner organisations contribute to the implementation of the action, but do not sign the Grant Agreement.
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75008 Paris
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Participation ended
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117 45 Athina
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0191 Oslo
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Partner organisations contribute to the implementation of the action, but do not sign the Grant Agreement.
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105 57 Athens
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