Development of parametric or hybrid coral reef insurance to finance rapid reef restoration and support coastal livelihoods.
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Concept Phase
Case Study
Coral Reef Insurance – Gili Matra
COUNTRY/REGION
Indonesia
START - END DATE
2024 - Ongoing
REALM
Marine
Insurance trigger type
The mechanism by which an insurance payout or financial response is activated
Unknown
Insurance scheme target
Beneficiary of Insurance Scheme
Public Sector
Insurance scheme developer
The type of institution(s) providing insurance or guarantees
Public-Private-Partnership
Insured risk
The primary category of risk addressed or managed by the insurance solution.
Risk to Natural Assets and Ecosystems
Insurance product type
Adapted from UNEP FI framework subcategories