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.
PUBLICATIONS
Incentives, Subsidies and Economic Instruments for Biodiversity in the Dominican Republic
Developed under BIOFIN, this study examines how existing economic incentives, subsidies, and financial instruments influence biodiversity and identifies opportunities to better align economic development with nature conservation. The assessment identifies 46 instruments with potential implications for biodiversity, including 15 that present opportunities for improvement or reform, 23 with potentially positive impacts, and eight potential public […]