Naturance: Insurance for nature - nature for insurance
The European Green Deal (GD) is a transformative action plan to a healthy, sustainable, prosperous, climate resilient and net-zero emission society.
The stated goals of the GD to 'repair the way we interact with nature' permeates most supporting GD initiatives, from zero-pollution and toxic free environment, conservation and restoration of ecosystems, environmentally-friendly food systems, sustainable and smart mobility, green building renovation, clean energy, circular economy and a renewed and ambitious EU climate adaptation strategy.
Nature-based solutions, defined as 'inspired and supported by nature, which are cost-effective, simultaneously provide environmental, social and economic benefits and help build resilience' are a fundamental part of these efforts.
The main objective of the Naturance project is to examine technical, financial and operational feasibility and performance of solutions that are built upon and combine disaster risk financing & investments with nature-based solutions.
Funding and participation
This project is funded by European Commission (Grant agreement no. 101060464) and is a collaboration between Centro Euro-Mediterraneo sui Cambiamenti Climatici (cmcc), Stockholm University (SU), KTH, Local Governments for Sustainability (ICLEI), Vrije University (VU), London School of Economics and Political Science (LSE), Karlsruhe Institute of Technology (KIT), Willis Towers Watson (wtw), University of Cambridge.
Project period
01-10-2022 - 31-03-2025