Case study

Coral Reef Insurance – Gili Matra

NATURANCE Compendium

Area characterisation:

Marine

Objective:

Fund rapid reef restoration after disasters

Start/end date:

Financing:

Public-Private-Partnership

Potential impacts/benefits:

  • Rapid post-disaster financing for reef restoration
  • Reduces long-term ecological and economic reef losses
  • Supports coastal livelihoods dependent on reef ecosystems

Actions:

Developing parametric or hybrid coral reef insurance to finance rapid reef restoration and support coastal livelihoods.

Organisations:

UNDP IRFF, Government of Indonesia, Swiss Re, ORRAA, UK Blue Planet Fund

Contacts:

Case study referred by UNDP. For more information, please contact: info@naturance.eu.

Development of parametric or hybrid coral reef insurance to finance rapid reef restoration and support coastal livelihoods.

Sustainable Development Goals:

  • 14. Life below water

  • 13. Climate action

  • 1. No poverty

Publications and reports: