Insurance can play a crucial role in biodiversity conservation by providing financial protection against risks to natural assets, incentivizing sustainable practices, and securing key investments. This summary of a forthcoming report ‘How Insurance Can Address Nature-related Risks: A Summary Guide’ provides an overview of how insurance can contribute to biodiversity protection, highlighting key concepts, case studies, and recommendations for designing effective insurance solutions. The summary can be used by countries preparing their National Biodiversity Finance Plans, and by conservation agencies, community-based organizations, research institutions, nongovernmental organizations (NGOs), private sector investors and development partners involved in developing biodiversity conservation and restoration plans.
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Ecosystem Accounting in Armenia: Setting the Scene
Armenia has begun developing a national accounting system aligned with the UN System of Environmental-Economic Accounting – Ecosystem Accounting (SEEA EA), starting with water accounting. The Governmental Decision on the classification of land cover in RA (2019) initiated the first step toward ecosystem accounting by establishing extent accounts for land-cover classes. To support this move […]
