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NAture Insurance value: Assessment and Demonstration

Objetivo

NAIAD aims to operationalise the insurance value of ecosystems to reduce the human and economic cost of risks associated with water (floods and drought) by developing and testing - with key insurers and municipalities - the concepts, tools, applications and instruments (business models) necessary for its mainstreaming. We will do this in detail for 8 demonstration sites (DEMOs) throughout Europe and develop tools and methods applicable and transferable across all of Europe.
The assumption is that Natural Assurance Schemes can reduce risk, especially to drought and flooding, and this risk reduction can be assessed and incorporated within insurance schemes.
NAIAD´s conceptual frame is based on three pillars:
(i) to help build a resilience approach to risk management through nature based solutions,
(ii) the operationalisation and testing of scientific methods using a source-to-sea in DEMOs,
(iii) the uptake of nature based solutions that are cost-effective and provide environmental, social and economic benefits.
Trans-disciplinarity and stakeholder engagement are at the core of NAIAD for two reasons: first, because the conceptual and assessment methodologies combine physical, social and cultural and economic aspects, integrated into tools and methods but second, and most importantly “road tested” and validated with the stakeholders and end users themselves at the DEMOs.
NAIAD will contribute to providing a robust framework for assessing insurance value for ecosystem services by (i) enabling full operationalisation through improved understanding of ecosystem functionality and its insurance value at a broad range of scales in both urban and rural context; (ii) making explicit the links between ecosystem values and social risk perception; and (iii) the application of developed methods and tools in water management by relevant stakeholders, especially businesses, public authorities and utilities.

Ámbito científico

Programa(s)

Tema(s)

Convocatoria de propuestas

H2020-SC5-2016-2017

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Convocatoria de subcontratación

H2020-SC5-2016-OneStageB

Régimen de financiación

RIA - Research and Innovation action

Coordinador

CONFEDERACION HIDROGRAFICA DEL DUERO
Aportación neta de la UEn
€ 99 307,17
Dirección
CALLE MURO 5
47004 Valladolid
España

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Región
Centro (ES) Castilla y León Valladolid
Tipo de actividad
Public bodies (excluding Research Organisations and Secondary or Higher Education Establishments)
Enlaces
Coste total
€ 99 307,17

Participantes (22)

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Última actualización: 23 Agosto 2022

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Permalink: https://cordis.europa.eu/project/id/730497/es

European Union, 2024