Area characterisation:
Freshwater
Objective:
Guarantee restoration performance standards
Financing:
Public-Private-Partnership
Potential impacts/benefits:
- Guarantees performance standards for wetland and stream restoration
- Enables compliance with US federal and state environmental regulations
- Supports flood control and coastal resilience projects
Actions:
Provides insurance and surety bonds guaranteeing performance standards for wetland and stream restoration and mitigation and conservation banking required under US regulations.
Organisations:
Ecosystems Insurance Associates, US Government Agencies
Contacts:
Case study referred by UNEP FI. For more information, please contact: info@naturance.eu.
Ecosystems Insurance Associates provides insurance and surety bonds to guarantee performance standards for wetlands and stream restoration projects required under U.S. regulations. Coverage extends to nutrient credit banks, conservation banks, permittee-responsible mitigation, natural resource damage assessment restoration and pay-for-performance contracts including but not limited to flood control, coastal resilience and other regulated ecosystem restoration.
Sustainable Development Goals:
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11. Sustainable cities and communities
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15. Life on land
