This Innovation Lab, co-organized by Firelogue and NATURANCE, explored how insurance can promote NbS for wildfire risk management. As part of the Horizon Europe project on wildfire, Firelogue incorporates a Wildfire Insurance Working Group, which has been eager to collaborate with NATURANCE on this topic.

The Lab’s main objective was to facilitate discussions on how insurers can forge partnerships with risk managers, ecologists, and other stakeholders to develop cutting-edge insurance products that foster the widespread adoption of NbS.

The focus was on understanding the nature of NbS for wildfire, and how insurance companies can support local communities, national forest agencies, and other policy agents in the implementation of NbS, to effectively manage wildfire risks for a more resilient and sustainable future.

The Lab, which included interactive exercises, motivated  follow-up sessions in Solsona, Spain and Nea Makri, Greece, to further explore policy options and business cases for NbS in wildfire risk management.