Building on CISL’s work on nature-related financial risks, ClimateWise has developed this primer on nature-based solutions (NbS), as half of re/insurers surveyed consider these risks material for underwriting, although most are not yet assessing them. Nature-related risks are hard to measure due to complex interactions between nature, society, and the global economy. Insurers can reduce impacts or restore nature by incentivizing sustainable behaviors, innovating in asset protection, facilitating capital flows, and collaborating with governments. This allows the industry to manage risks proactively, contributing to ecosystem protection and restoration rather than merely reacting to claims.