Role of Insurance in Protecting Marine Coastal Ecosystems in Asia and the Pacific
Publication | September 2022
This brochure highlights the vital services provided by marine coastal ecosystems and outlines how insurance can help protect them.
The brochure focuses on how marine coastal ecosystems reduce the impact of natural hazards and provide cost-effective, no-regret solutions for disaster risk reduction. However, it notes that their risk reduction services are rarely quantified and taken into account in the management of coastal disaster risk. Insurance schemes can help preserve these natural assets and protect governments, businesses, and society against interruptions in services resulting from ecosystem loss or degradation. The brochure highlights key considerations for insurance design and implementation.