Working Group Insurance
Webinar Series
NATURANCE Webstival | LAB 2: Harnessing Insurance to promote Nature-based Solutions for Wildfire Risk Management
15th of June 2023 | 9:20-12:30 CEST | Virtual event
Can Insurance support NBS for wildfire risk management?
Co-organized with
Webinar Info
ENVIRONMENT/ECOLOGY WORKING GROUP
The NATURANCE Webstival dedicated to finance and insurance instruments and innovations aims to promote the adoption of Nature-based Solutions and restore nature. As a collaborative effort of the projects Firelogue and NATURANCE, Innovation Lab 2 explores the role of insurance in promoting nature-based solutions (NbS) for wildfire risk management (WFRM).
The on-site side event took place within the framework of the NATURANCE Finance Innovation Festival in Austria (22-24.05.2024).
The focus was to explore how insurance regulation at the EU and national scale can support the adoption of nature-based solutions for wildfire risk – with expert endorsement of policy recommendations.
EXPLORE THE PRESENTATIONS’ CONCEPTS:
Agenda of the side event:
- NBS for wildfire - JoAnne Linnerooth-Bayer (IIASA)
- Fire modeling, climate change, & insurance - Florian Kraxner, Andrey Krasovskiy (IIASA), Tomas Artes (MITIGA)
- Mike Cox & Anthony Schultz: Navigating Wildfire Resilience: Trends, Firescapes, and Critical Infrastructure Dynamics.
- The French Meadows case - Jamie Pollard (WTW)
- Italian/EU policy landscape - Teresa Deubelli (IIASA)
- Options to pool risks across communities (10 mins) - Swenja Surminski (LSE/Marsh McLennan), Tim Foreman (IIASA)
- Options to incentivize NbS or DRR with insurance? - Max Tesselaar (lessons from flood insurance) (IVM), Tim Foreman (lessons from California for wildfire) (IIASA)
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