SlideShare a Scribd company logo
Nature-based
solutions for climate
change: from global
ambition to local
action
Chip Cunliffe
Director, Sustainable Development, AXA XL
22nd May 2020
Ocean Risk in context
Sea level and
population
density
projections
indicate that
800m will be at
risk from coastal
flooding and
storm surges by
2050¹
Small Island
Developing
States and the
Least Developed
Countries are
most threatened
by ocean risk
The IPCC states
that climate
change and
anthropogenic
pressures require
‘transformative
changes’ to
restore and
protect nature
¹ https://www.c40.org/other/the-future-we-don-t-want-homepage
² https://www.preventionweb.net/risk/direct-indirect-losses
³ http://www.lloyds.com/~/media/Files/News%20and%20Insight/360%20Risk%20Insight/Global_Underinsurance_Report_311012.pdf
In the last 10
years, insurers
alone have paid
out more than
$300 billion for
coastal storm
damage – but
this is dwarfed by
amounts paid out
by governments
and taxpayers²
Lack of understanding of how investing in natural capital can provide a
timely and productive return
Limited pipeline of risk adjusted investable projects to attract financing
Insufficient data and modelling capabilities for investors to quantify
ocean-derived risk
Inadequate enabling policies to shift investment away from
unsustainable infrastructure
Apparent need for investment returns to be available in a short time
period
1
2
3
4
5
Barriers to private investment in natural capital
Science and Research
Accelerate research and
data to better
analyse, predict, model
manage ocean risk
Practice and
Innovation
Build risk-adjusted
scalable projects that
deliver a return on
investment while
increasing resilience to
ocean-derived risks
Policy and
Governance
Inform and advance
ocean resilience policy,
governance, private
sector and public
understanding
Pioneering finance products to regenerate coastal natural capital and build
resilience in the most exposed and vulnerable regions and communities
ORRAA uses the expertise of its membership to develop pioneering
finance products
Blue carbon credits
Resilience credits
Sovereign bonds
Corporate bonds
Catastrophe bonds
Risk modelling expertise
Parametric cover
Policy wording
Credit risk
Risk pools
RISK & INSURANCEFINANCE PRODUCTS
Practice & Innovation

More Related Content

What's hot

Clean development mechanism
Clean development mechanismClean development mechanism
Clean development mechanismChandan Chaman
 
The Kyoto Protocol
The Kyoto ProtocolThe Kyoto Protocol
The Kyoto Protocol
James Foster
 
Bangladesh Delta Plan 2100
Bangladesh Delta Plan 2100Bangladesh Delta Plan 2100
Bangladesh Delta Plan 2100
Dr. Md. Taibur Rahman
 
Integrated water resources management
Integrated water resources managementIntegrated water resources management
Integrated water resources management
Bikralla Acharya
 
Reducing Emission from Deforestation and Forest Degradation (REDD+)
Reducing Emission from Deforestation and Forest Degradation (REDD+)Reducing Emission from Deforestation and Forest Degradation (REDD+)
Reducing Emission from Deforestation and Forest Degradation (REDD+)
Janathakshan Gte Ltd
 
Ecological footprints introduction
Ecological footprints introductionEcological footprints introduction
Ecological footprints introduction
Andy Dorn
 
Planetary boundaries
Planetary boundariesPlanetary boundaries
Planetary boundaries
MattHanly
 
The History of Climate Change Negotiations
The History of Climate Change NegotiationsThe History of Climate Change Negotiations
The History of Climate Change Negotiations
UNDP Eurasia
 
Introduction to UNFCCC & International Climate Negotiations
Introduction to UNFCCC & International Climate NegotiationsIntroduction to UNFCCC & International Climate Negotiations
Introduction to UNFCCC & International Climate Negotiations
Janathakshan Gte Ltd
 
DISASTER RISK REDUCTION AND CLIMATE CHANGE (ADAPTATION) – THE NEEDS FOR HARMO...
DISASTER RISK REDUCTION AND CLIMATE CHANGE (ADAPTATION) – THE NEEDS FOR HARMO...DISASTER RISK REDUCTION AND CLIMATE CHANGE (ADAPTATION) – THE NEEDS FOR HARMO...
DISASTER RISK REDUCTION AND CLIMATE CHANGE (ADAPTATION) – THE NEEDS FOR HARMO...Global Risk Forum GRFDavos
 
Adaptation actions in Nepal
Adaptation actions in NepalAdaptation actions in Nepal
Adaptation actions in Nepal
Climate Action Network South Asia
 
Nature-Based Solutions & Re-Naturing Cities
Nature-Based Solutions & Re-Naturing CitiesNature-Based Solutions & Re-Naturing Cities
Nature-Based Solutions & Re-Naturing Cities
Judit Urquijo
 
Challenges to climate finance
Challenges to climate financeChallenges to climate finance
State action plans on climate change_Preeti Soni, UNDP_15 October 2014
State action plans on climate change_Preeti Soni, UNDP_15 October 2014State action plans on climate change_Preeti Soni, UNDP_15 October 2014
State action plans on climate change_Preeti Soni, UNDP_15 October 2014
India Water Portal
 
IPCC AR6 Climate Change 2023 report
IPCC AR6 Climate Change 2023 reportIPCC AR6 Climate Change 2023 report
IPCC AR6 Climate Change 2023 report
Quotidiano Piemontese
 
Climate change and Paris Agreement
Climate change and Paris AgreementClimate change and Paris Agreement
Climate change and Paris Agreement
IEI GSC
 
Ethiopia’s National Adaptation Plan (NAP-ETH) In Brief
Ethiopia’s National Adaptation Plan (NAP-ETH) In BriefEthiopia’s National Adaptation Plan (NAP-ETH) In Brief
Ethiopia’s National Adaptation Plan (NAP-ETH) In Brief
NAP Global Network
 
Forest Habitats and Climate Change
Forest Habitats and Climate ChangeForest Habitats and Climate Change
Forest Habitats and Climate Change
Northern Institute of Applied Climate Science
 

What's hot (20)

Climate change and vulnerability
Climate change and vulnerabilityClimate change and vulnerability
Climate change and vulnerability
 
Clean development mechanism
Clean development mechanismClean development mechanism
Clean development mechanism
 
The Kyoto Protocol
The Kyoto ProtocolThe Kyoto Protocol
The Kyoto Protocol
 
Bangladesh Delta Plan 2100
Bangladesh Delta Plan 2100Bangladesh Delta Plan 2100
Bangladesh Delta Plan 2100
 
Integrated water resources management
Integrated water resources managementIntegrated water resources management
Integrated water resources management
 
Reducing Emission from Deforestation and Forest Degradation (REDD+)
Reducing Emission from Deforestation and Forest Degradation (REDD+)Reducing Emission from Deforestation and Forest Degradation (REDD+)
Reducing Emission from Deforestation and Forest Degradation (REDD+)
 
Ecological footprints introduction
Ecological footprints introductionEcological footprints introduction
Ecological footprints introduction
 
Planetary boundaries
Planetary boundariesPlanetary boundaries
Planetary boundaries
 
The History of Climate Change Negotiations
The History of Climate Change NegotiationsThe History of Climate Change Negotiations
The History of Climate Change Negotiations
 
Introduction to UNFCCC & International Climate Negotiations
Introduction to UNFCCC & International Climate NegotiationsIntroduction to UNFCCC & International Climate Negotiations
Introduction to UNFCCC & International Climate Negotiations
 
DISASTER RISK REDUCTION AND CLIMATE CHANGE (ADAPTATION) – THE NEEDS FOR HARMO...
DISASTER RISK REDUCTION AND CLIMATE CHANGE (ADAPTATION) – THE NEEDS FOR HARMO...DISASTER RISK REDUCTION AND CLIMATE CHANGE (ADAPTATION) – THE NEEDS FOR HARMO...
DISASTER RISK REDUCTION AND CLIMATE CHANGE (ADAPTATION) – THE NEEDS FOR HARMO...
 
Adaptation actions in Nepal
Adaptation actions in NepalAdaptation actions in Nepal
Adaptation actions in Nepal
 
Nature-Based Solutions & Re-Naturing Cities
Nature-Based Solutions & Re-Naturing CitiesNature-Based Solutions & Re-Naturing Cities
Nature-Based Solutions & Re-Naturing Cities
 
Challenges to climate finance
Challenges to climate financeChallenges to climate finance
Challenges to climate finance
 
State action plans on climate change_Preeti Soni, UNDP_15 October 2014
State action plans on climate change_Preeti Soni, UNDP_15 October 2014State action plans on climate change_Preeti Soni, UNDP_15 October 2014
State action plans on climate change_Preeti Soni, UNDP_15 October 2014
 
IPCC AR6 Climate Change 2023 report
IPCC AR6 Climate Change 2023 reportIPCC AR6 Climate Change 2023 report
IPCC AR6 Climate Change 2023 report
 
Climate change and Paris Agreement
Climate change and Paris AgreementClimate change and Paris Agreement
Climate change and Paris Agreement
 
Ethiopia’s National Adaptation Plan (NAP-ETH) In Brief
Ethiopia’s National Adaptation Plan (NAP-ETH) In BriefEthiopia’s National Adaptation Plan (NAP-ETH) In Brief
Ethiopia’s National Adaptation Plan (NAP-ETH) In Brief
 
Forest Habitats and Climate Change
Forest Habitats and Climate ChangeForest Habitats and Climate Change
Forest Habitats and Climate Change
 
Planetary Boundaries
Planetary BoundariesPlanetary Boundaries
Planetary Boundaries
 

Similar to Nature-based solutions

Climate Change and Competitiveness
Climate Change and Competitiveness Climate Change and Competitiveness
Climate Change and Competitiveness
Yomayra Martinó
 
Climate Change, From Poverty to Power Lecture
Climate Change, From Poverty to Power LectureClimate Change, From Poverty to Power Lecture
Climate Change, From Poverty to Power Lecture
Oxfam GB
 
As Risks Go, Flood Beats Fire 5 to 1
As Risks Go, Flood Beats Fire 5 to 1As Risks Go, Flood Beats Fire 5 to 1
As Risks Go, Flood Beats Fire 5 to 1
CBIZ, Inc.
 
DSD-INT 2019 Coastal climate change adaptation a consultancy perspective on p...
DSD-INT 2019 Coastal climate change adaptation a consultancy perspective on p...DSD-INT 2019 Coastal climate change adaptation a consultancy perspective on p...
DSD-INT 2019 Coastal climate change adaptation a consultancy perspective on p...
Deltares
 
WHY EKOCLIMATHON - Victor Afolabi.pdf
WHY EKOCLIMATHON - Victor Afolabi.pdfWHY EKOCLIMATHON - Victor Afolabi.pdf
WHY EKOCLIMATHON - Victor Afolabi.pdf
EkoInnovationCentre
 
Biodiversity loss and nature-based solutions: A view from re/insurance
Biodiversity loss and nature-based solutions:  A view from re/insuranceBiodiversity loss and nature-based solutions:  A view from re/insurance
Biodiversity loss and nature-based solutions: A view from re/insurance
Cesar Henrique Arrais
 
GIB2015_Closing Financing Gap in Resilient Infrastructure_Bresch
GIB2015_Closing Financing Gap in Resilient Infrastructure_BreschGIB2015_Closing Financing Gap in Resilient Infrastructure_Bresch
GIB2015_Closing Financing Gap in Resilient Infrastructure_Bresch
Global Infrastructure Basel Foundation
 
Public-Private Partnerships in Risk Management
Public-Private Partnerships in Risk ManagementPublic-Private Partnerships in Risk Management
Public-Private Partnerships in Risk Management
Global Risk Forum GRFDavos
 
Des Moines Climate Risk and the Insurance Industry
Des Moines Climate Risk and the Insurance IndustryDes Moines Climate Risk and the Insurance Industry
Des Moines Climate Risk and the Insurance Industry
TRIO Marketing•Branding•Advertising
 
CCXG Forum, March 2023, Angela Patricia Rivera Galvis
CCXG Forum, March 2023, Angela Patricia Rivera GalvisCCXG Forum, March 2023, Angela Patricia Rivera Galvis
CCXG Forum, March 2023, Angela Patricia Rivera Galvis
OECD Environment
 
Crafting & Designing Programs by Practitioner's for a Safer Future
Crafting & Designing Programs by Practitioner's for a Safer FutureCrafting & Designing Programs by Practitioner's for a Safer Future
Crafting & Designing Programs by Practitioner's for a Safer Future
Natural Hazard Mitigation Association
 
Sustainable development
Sustainable developmentSustainable development
Sustainable developmenttutor2u
 
Mainstreaming Disaster Risk Reduction
Mainstreaming Disaster Risk ReductionMainstreaming Disaster Risk Reduction
Mainstreaming Disaster Risk ReductionMd. Golam Mostafa
 
Climate change implications for investors and financial institutions
Climate change   implications for investors and financial institutionsClimate change   implications for investors and financial institutions
Climate change implications for investors and financial institutions
Dr Lendy Spires
 
Climate Change Mitigation and Adaptation with Reference to Asia - Pacific- E...
Climate Change Mitigation and Adaptation with Reference to  Asia - Pacific- E...Climate Change Mitigation and Adaptation with Reference to  Asia - Pacific- E...
Climate Change Mitigation and Adaptation with Reference to Asia - Pacific- E...
Global Risk Forum GRFDavos
 
Conundrum point
Conundrum pointConundrum point
Conundrum point
Stu Barnes
 
Climate Summit Action Areas Resilience
Climate Summit Action Areas ResilienceClimate Summit Action Areas Resilience
Climate Summit Action Areas Resilience
Dr Lendy Spires
 
Climate Change & the Bottom Line conference- Keynote, Alex Kaplan, Swiss Re
Climate Change & the Bottom Line conference- Keynote, Alex Kaplan, Swiss ReClimate Change & the Bottom Line conference- Keynote, Alex Kaplan, Swiss Re
Climate Change & the Bottom Line conference- Keynote, Alex Kaplan, Swiss ReSustainable Seattle
 
Climate Tipping Points and the Insurance Sector
Climate Tipping Points and the Insurance SectorClimate Tipping Points and the Insurance Sector
Climate Tipping Points and the Insurance Sector
Open Knowledge
 
Hedging Climate Change
Hedging Climate ChangeHedging Climate Change
Hedging Climate Change
Open Knowledge
 

Similar to Nature-based solutions (20)

Climate Change and Competitiveness
Climate Change and Competitiveness Climate Change and Competitiveness
Climate Change and Competitiveness
 
Climate Change, From Poverty to Power Lecture
Climate Change, From Poverty to Power LectureClimate Change, From Poverty to Power Lecture
Climate Change, From Poverty to Power Lecture
 
As Risks Go, Flood Beats Fire 5 to 1
As Risks Go, Flood Beats Fire 5 to 1As Risks Go, Flood Beats Fire 5 to 1
As Risks Go, Flood Beats Fire 5 to 1
 
DSD-INT 2019 Coastal climate change adaptation a consultancy perspective on p...
DSD-INT 2019 Coastal climate change adaptation a consultancy perspective on p...DSD-INT 2019 Coastal climate change adaptation a consultancy perspective on p...
DSD-INT 2019 Coastal climate change adaptation a consultancy perspective on p...
 
WHY EKOCLIMATHON - Victor Afolabi.pdf
WHY EKOCLIMATHON - Victor Afolabi.pdfWHY EKOCLIMATHON - Victor Afolabi.pdf
WHY EKOCLIMATHON - Victor Afolabi.pdf
 
Biodiversity loss and nature-based solutions: A view from re/insurance
Biodiversity loss and nature-based solutions:  A view from re/insuranceBiodiversity loss and nature-based solutions:  A view from re/insurance
Biodiversity loss and nature-based solutions: A view from re/insurance
 
GIB2015_Closing Financing Gap in Resilient Infrastructure_Bresch
GIB2015_Closing Financing Gap in Resilient Infrastructure_BreschGIB2015_Closing Financing Gap in Resilient Infrastructure_Bresch
GIB2015_Closing Financing Gap in Resilient Infrastructure_Bresch
 
Public-Private Partnerships in Risk Management
Public-Private Partnerships in Risk ManagementPublic-Private Partnerships in Risk Management
Public-Private Partnerships in Risk Management
 
Des Moines Climate Risk and the Insurance Industry
Des Moines Climate Risk and the Insurance IndustryDes Moines Climate Risk and the Insurance Industry
Des Moines Climate Risk and the Insurance Industry
 
CCXG Forum, March 2023, Angela Patricia Rivera Galvis
CCXG Forum, March 2023, Angela Patricia Rivera GalvisCCXG Forum, March 2023, Angela Patricia Rivera Galvis
CCXG Forum, March 2023, Angela Patricia Rivera Galvis
 
Crafting & Designing Programs by Practitioner's for a Safer Future
Crafting & Designing Programs by Practitioner's for a Safer FutureCrafting & Designing Programs by Practitioner's for a Safer Future
Crafting & Designing Programs by Practitioner's for a Safer Future
 
Sustainable development
Sustainable developmentSustainable development
Sustainable development
 
Mainstreaming Disaster Risk Reduction
Mainstreaming Disaster Risk ReductionMainstreaming Disaster Risk Reduction
Mainstreaming Disaster Risk Reduction
 
Climate change implications for investors and financial institutions
Climate change   implications for investors and financial institutionsClimate change   implications for investors and financial institutions
Climate change implications for investors and financial institutions
 
Climate Change Mitigation and Adaptation with Reference to Asia - Pacific- E...
Climate Change Mitigation and Adaptation with Reference to  Asia - Pacific- E...Climate Change Mitigation and Adaptation with Reference to  Asia - Pacific- E...
Climate Change Mitigation and Adaptation with Reference to Asia - Pacific- E...
 
Conundrum point
Conundrum pointConundrum point
Conundrum point
 
Climate Summit Action Areas Resilience
Climate Summit Action Areas ResilienceClimate Summit Action Areas Resilience
Climate Summit Action Areas Resilience
 
Climate Change & the Bottom Line conference- Keynote, Alex Kaplan, Swiss Re
Climate Change & the Bottom Line conference- Keynote, Alex Kaplan, Swiss ReClimate Change & the Bottom Line conference- Keynote, Alex Kaplan, Swiss Re
Climate Change & the Bottom Line conference- Keynote, Alex Kaplan, Swiss Re
 
Climate Tipping Points and the Insurance Sector
Climate Tipping Points and the Insurance SectorClimate Tipping Points and the Insurance Sector
Climate Tipping Points and the Insurance Sector
 
Hedging Climate Change
Hedging Climate ChangeHedging Climate Change
Hedging Climate Change
 

More from IIED

Women paying the health cost of the climate crisis
Women paying the health cost of the climate crisisWomen paying the health cost of the climate crisis
Women paying the health cost of the climate crisis
IIED
 
IIED's environmental sustainability impact report 2022/23
IIED's environmental sustainability impact report 2022/23IIED's environmental sustainability impact report 2022/23
IIED's environmental sustainability impact report 2022/23
IIED
 
Summary presentation on the case study on approaches for supporting pastorali...
Summary presentation on the case study on approaches for supporting pastorali...Summary presentation on the case study on approaches for supporting pastorali...
Summary presentation on the case study on approaches for supporting pastorali...
IIED
 
Cities for refugees: places of economic productivity, participation and wellb...
Cities for refugees: places of economic productivity, participation and wellb...Cities for refugees: places of economic productivity, participation and wellb...
Cities for refugees: places of economic productivity, participation and wellb...
IIED
 
Collectif por la defense des terres malgaces
Collectif por la defense des terres malgacesCollectif por la defense des terres malgaces
Collectif por la defense des terres malgaces
IIED
 
Special economic zones in Senegal: characteristics, land ans socio-economic i...
Special economic zones in Senegal: characteristics, land ans socio-economic i...Special economic zones in Senegal: characteristics, land ans socio-economic i...
Special economic zones in Senegal: characteristics, land ans socio-economic i...
IIED
 
Investment zones in Madagascar: characteristics and land implications
Investment zones in Madagascar: characteristics and land implicationsInvestment zones in Madagascar: characteristics and land implications
Investment zones in Madagascar: characteristics and land implications
IIED
 
Special economic zones and land tenure: global trends and local impacts in Se...
Special economic zones and land tenure: global trends and local impacts in Se...Special economic zones and land tenure: global trends and local impacts in Se...
Special economic zones and land tenure: global trends and local impacts in Se...
IIED
 
Adaptability of peri-urban agricultural workers towards resilience
Adaptability of peri-urban agricultural workers towards resilienceAdaptability of peri-urban agricultural workers towards resilience
Adaptability of peri-urban agricultural workers towards resilience
IIED
 
Stitching their trajectories with determination: stories from Indore, India
Stitching their trajectories with determination: stories from Indore, IndiaStitching their trajectories with determination: stories from Indore, India
Stitching their trajectories with determination: stories from Indore, India
IIED
 
Improving strategy and uptake of cleaner cooking in Kitui, Kenya
Improving strategy and uptake of cleaner cooking in Kitui, KenyaImproving strategy and uptake of cleaner cooking in Kitui, Kenya
Improving strategy and uptake of cleaner cooking in Kitui, Kenya
IIED
 
Placing COVID-19 and the wildlife trade within the bigger picture
Placing COVID-19 and the wildlife trade within the bigger picturePlacing COVID-19 and the wildlife trade within the bigger picture
Placing COVID-19 and the wildlife trade within the bigger picture
IIED
 
Impacts of the COVID-19 pandemic on wild meat use and perception in communiti...
Impacts of the COVID-19 pandemic on wild meat use and perception in communiti...Impacts of the COVID-19 pandemic on wild meat use and perception in communiti...
Impacts of the COVID-19 pandemic on wild meat use and perception in communiti...
IIED
 
Drivers of wild meat consumption steph brittain
Drivers of wild meat consumption steph brittainDrivers of wild meat consumption steph brittain
Drivers of wild meat consumption steph brittain
IIED
 
Designing wild meat alternative projects
Designing wild meat alternative projectsDesigning wild meat alternative projects
Designing wild meat alternative projects
IIED
 
Multifaceted approach to transition from emergency aid and rehabilitation to ...
Multifaceted approach to transition from emergency aid and rehabilitation to ...Multifaceted approach to transition from emergency aid and rehabilitation to ...
Multifaceted approach to transition from emergency aid and rehabilitation to ...
IIED
 
Sociétés Coopératives de cacao et Différentiel du revenu Décent : Leçons de l...
Sociétés Coopératives de cacao et Différentiel du revenu Décent : Leçons de l...Sociétés Coopératives de cacao et Différentiel du revenu Décent : Leçons de l...
Sociétés Coopératives de cacao et Différentiel du revenu Décent : Leçons de l...
IIED
 
Innovating to improve the ownership, sustainability and multi-actor nature of...
Innovating to improve the ownership, sustainability and multi-actor nature of...Innovating to improve the ownership, sustainability and multi-actor nature of...
Innovating to improve the ownership, sustainability and multi-actor nature of...
IIED
 
Communities Combating Illegal Wildlife Trade session seven
Communities Combating Illegal Wildlife Trade session sevenCommunities Combating Illegal Wildlife Trade session seven
Communities Combating Illegal Wildlife Trade session seven
IIED
 
Organisational innovations that make community forestry prosperous
Organisational innovations that make community forestry prosperousOrganisational innovations that make community forestry prosperous
Organisational innovations that make community forestry prosperous
IIED
 

More from IIED (20)

Women paying the health cost of the climate crisis
Women paying the health cost of the climate crisisWomen paying the health cost of the climate crisis
Women paying the health cost of the climate crisis
 
IIED's environmental sustainability impact report 2022/23
IIED's environmental sustainability impact report 2022/23IIED's environmental sustainability impact report 2022/23
IIED's environmental sustainability impact report 2022/23
 
Summary presentation on the case study on approaches for supporting pastorali...
Summary presentation on the case study on approaches for supporting pastorali...Summary presentation on the case study on approaches for supporting pastorali...
Summary presentation on the case study on approaches for supporting pastorali...
 
Cities for refugees: places of economic productivity, participation and wellb...
Cities for refugees: places of economic productivity, participation and wellb...Cities for refugees: places of economic productivity, participation and wellb...
Cities for refugees: places of economic productivity, participation and wellb...
 
Collectif por la defense des terres malgaces
Collectif por la defense des terres malgacesCollectif por la defense des terres malgaces
Collectif por la defense des terres malgaces
 
Special economic zones in Senegal: characteristics, land ans socio-economic i...
Special economic zones in Senegal: characteristics, land ans socio-economic i...Special economic zones in Senegal: characteristics, land ans socio-economic i...
Special economic zones in Senegal: characteristics, land ans socio-economic i...
 
Investment zones in Madagascar: characteristics and land implications
Investment zones in Madagascar: characteristics and land implicationsInvestment zones in Madagascar: characteristics and land implications
Investment zones in Madagascar: characteristics and land implications
 
Special economic zones and land tenure: global trends and local impacts in Se...
Special economic zones and land tenure: global trends and local impacts in Se...Special economic zones and land tenure: global trends and local impacts in Se...
Special economic zones and land tenure: global trends and local impacts in Se...
 
Adaptability of peri-urban agricultural workers towards resilience
Adaptability of peri-urban agricultural workers towards resilienceAdaptability of peri-urban agricultural workers towards resilience
Adaptability of peri-urban agricultural workers towards resilience
 
Stitching their trajectories with determination: stories from Indore, India
Stitching their trajectories with determination: stories from Indore, IndiaStitching their trajectories with determination: stories from Indore, India
Stitching their trajectories with determination: stories from Indore, India
 
Improving strategy and uptake of cleaner cooking in Kitui, Kenya
Improving strategy and uptake of cleaner cooking in Kitui, KenyaImproving strategy and uptake of cleaner cooking in Kitui, Kenya
Improving strategy and uptake of cleaner cooking in Kitui, Kenya
 
Placing COVID-19 and the wildlife trade within the bigger picture
Placing COVID-19 and the wildlife trade within the bigger picturePlacing COVID-19 and the wildlife trade within the bigger picture
Placing COVID-19 and the wildlife trade within the bigger picture
 
Impacts of the COVID-19 pandemic on wild meat use and perception in communiti...
Impacts of the COVID-19 pandemic on wild meat use and perception in communiti...Impacts of the COVID-19 pandemic on wild meat use and perception in communiti...
Impacts of the COVID-19 pandemic on wild meat use and perception in communiti...
 
Drivers of wild meat consumption steph brittain
Drivers of wild meat consumption steph brittainDrivers of wild meat consumption steph brittain
Drivers of wild meat consumption steph brittain
 
Designing wild meat alternative projects
Designing wild meat alternative projectsDesigning wild meat alternative projects
Designing wild meat alternative projects
 
Multifaceted approach to transition from emergency aid and rehabilitation to ...
Multifaceted approach to transition from emergency aid and rehabilitation to ...Multifaceted approach to transition from emergency aid and rehabilitation to ...
Multifaceted approach to transition from emergency aid and rehabilitation to ...
 
Sociétés Coopératives de cacao et Différentiel du revenu Décent : Leçons de l...
Sociétés Coopératives de cacao et Différentiel du revenu Décent : Leçons de l...Sociétés Coopératives de cacao et Différentiel du revenu Décent : Leçons de l...
Sociétés Coopératives de cacao et Différentiel du revenu Décent : Leçons de l...
 
Innovating to improve the ownership, sustainability and multi-actor nature of...
Innovating to improve the ownership, sustainability and multi-actor nature of...Innovating to improve the ownership, sustainability and multi-actor nature of...
Innovating to improve the ownership, sustainability and multi-actor nature of...
 
Communities Combating Illegal Wildlife Trade session seven
Communities Combating Illegal Wildlife Trade session sevenCommunities Combating Illegal Wildlife Trade session seven
Communities Combating Illegal Wildlife Trade session seven
 
Organisational innovations that make community forestry prosperous
Organisational innovations that make community forestry prosperousOrganisational innovations that make community forestry prosperous
Organisational innovations that make community forestry prosperous
 

Recently uploaded

AGRICULTURE Hydrophonic FERTILISER PPT.pptx
AGRICULTURE Hydrophonic FERTILISER PPT.pptxAGRICULTURE Hydrophonic FERTILISER PPT.pptx
AGRICULTURE Hydrophonic FERTILISER PPT.pptx
BanitaDsouza
 
Q&A with the Experts: The Food Service Playbook
Q&A with the Experts: The Food Service PlaybookQ&A with the Experts: The Food Service Playbook
Q&A with the Experts: The Food Service Playbook
World Resources Institute (WRI)
 
Artificial Reefs by Kuddle Life Foundation - May 2024
Artificial Reefs by Kuddle Life Foundation - May 2024Artificial Reefs by Kuddle Life Foundation - May 2024
Artificial Reefs by Kuddle Life Foundation - May 2024
punit537210
 
"Understanding the Carbon Cycle: Processes, Human Impacts, and Strategies for...
"Understanding the Carbon Cycle: Processes, Human Impacts, and Strategies for..."Understanding the Carbon Cycle: Processes, Human Impacts, and Strategies for...
"Understanding the Carbon Cycle: Processes, Human Impacts, and Strategies for...
MMariSelvam4
 
一比一原版(UMTC毕业证书)明尼苏达大学双城分校毕业证如何办理
一比一原版(UMTC毕业证书)明尼苏达大学双城分校毕业证如何办理一比一原版(UMTC毕业证书)明尼苏达大学双城分校毕业证如何办理
一比一原版(UMTC毕业证书)明尼苏达大学双城分校毕业证如何办理
zm9ajxup
 
Drip Irrigation technology with solar power
Drip Irrigation technology with solar powerDrip Irrigation technology with solar power
Drip Irrigation technology with solar power
anikchanda4
 
Willie Nelson Net Worth: A Journey Through Music, Movies, and Business Ventures
Willie Nelson Net Worth: A Journey Through Music, Movies, and Business VenturesWillie Nelson Net Worth: A Journey Through Music, Movies, and Business Ventures
Willie Nelson Net Worth: A Journey Through Music, Movies, and Business Ventures
greendigital
 
Climate Change All over the World .pptx
Climate Change All over the World  .pptxClimate Change All over the World  .pptx
Climate Change All over the World .pptx
sairaanwer024
 
Alert-driven Community-based Forest monitoring: A case of the Peruvian Amazon
Alert-driven Community-based Forest monitoring: A case of the Peruvian AmazonAlert-driven Community-based Forest monitoring: A case of the Peruvian Amazon
Alert-driven Community-based Forest monitoring: A case of the Peruvian Amazon
CIFOR-ICRAF
 
Navigating the complex landscape of AI governance
Navigating the complex landscape of AI governanceNavigating the complex landscape of AI governance
Navigating the complex landscape of AI governance
Piermenotti Mauro
 
UNDERSTANDING WHAT GREEN WASHING IS!.pdf
UNDERSTANDING WHAT GREEN WASHING IS!.pdfUNDERSTANDING WHAT GREEN WASHING IS!.pdf
UNDERSTANDING WHAT GREEN WASHING IS!.pdf
JulietMogola
 
How about Huawei mobile phone-www.cfye-commerce.shop
How about Huawei mobile phone-www.cfye-commerce.shopHow about Huawei mobile phone-www.cfye-commerce.shop
How about Huawei mobile phone-www.cfye-commerce.shop
laozhuseo02
 
Characterization and the Kinetics of drying at the drying oven and with micro...
Characterization and the Kinetics of drying at the drying oven and with micro...Characterization and the Kinetics of drying at the drying oven and with micro...
Characterization and the Kinetics of drying at the drying oven and with micro...
Open Access Research Paper
 
growbilliontrees.com-Trees for Granddaughter (1).pdf
growbilliontrees.com-Trees for Granddaughter (1).pdfgrowbilliontrees.com-Trees for Granddaughter (1).pdf
growbilliontrees.com-Trees for Granddaughter (1).pdf
yadavakashagra
 
Celebrating World-environment-day-2024.pdf
Celebrating  World-environment-day-2024.pdfCelebrating  World-environment-day-2024.pdf
Celebrating World-environment-day-2024.pdf
rohankumarsinghrore1
 
Sustainable farming practices in India .pptx
Sustainable farming  practices in India .pptxSustainable farming  practices in India .pptx
Sustainable farming practices in India .pptx
chaitaliambole
 
International+e-Commerce+Platform-www.cfye-commerce.shop
International+e-Commerce+Platform-www.cfye-commerce.shopInternational+e-Commerce+Platform-www.cfye-commerce.shop
International+e-Commerce+Platform-www.cfye-commerce.shop
laozhuseo02
 
Epcon is One of the World's leading Manufacturing Companies.
Epcon is One of the World's leading Manufacturing Companies.Epcon is One of the World's leading Manufacturing Companies.
Epcon is One of the World's leading Manufacturing Companies.
EpconLP
 
Summary of the Climate and Energy Policy of Australia
Summary of the Climate and Energy Policy of AustraliaSummary of the Climate and Energy Policy of Australia
Summary of the Climate and Energy Policy of Australia
yasmindemoraes1
 
Daan Park Hydrangea flower season I like it
Daan Park Hydrangea flower season I like itDaan Park Hydrangea flower season I like it
Daan Park Hydrangea flower season I like it
a0966109726
 

Recently uploaded (20)

AGRICULTURE Hydrophonic FERTILISER PPT.pptx
AGRICULTURE Hydrophonic FERTILISER PPT.pptxAGRICULTURE Hydrophonic FERTILISER PPT.pptx
AGRICULTURE Hydrophonic FERTILISER PPT.pptx
 
Q&A with the Experts: The Food Service Playbook
Q&A with the Experts: The Food Service PlaybookQ&A with the Experts: The Food Service Playbook
Q&A with the Experts: The Food Service Playbook
 
Artificial Reefs by Kuddle Life Foundation - May 2024
Artificial Reefs by Kuddle Life Foundation - May 2024Artificial Reefs by Kuddle Life Foundation - May 2024
Artificial Reefs by Kuddle Life Foundation - May 2024
 
"Understanding the Carbon Cycle: Processes, Human Impacts, and Strategies for...
"Understanding the Carbon Cycle: Processes, Human Impacts, and Strategies for..."Understanding the Carbon Cycle: Processes, Human Impacts, and Strategies for...
"Understanding the Carbon Cycle: Processes, Human Impacts, and Strategies for...
 
一比一原版(UMTC毕业证书)明尼苏达大学双城分校毕业证如何办理
一比一原版(UMTC毕业证书)明尼苏达大学双城分校毕业证如何办理一比一原版(UMTC毕业证书)明尼苏达大学双城分校毕业证如何办理
一比一原版(UMTC毕业证书)明尼苏达大学双城分校毕业证如何办理
 
Drip Irrigation technology with solar power
Drip Irrigation technology with solar powerDrip Irrigation technology with solar power
Drip Irrigation technology with solar power
 
Willie Nelson Net Worth: A Journey Through Music, Movies, and Business Ventures
Willie Nelson Net Worth: A Journey Through Music, Movies, and Business VenturesWillie Nelson Net Worth: A Journey Through Music, Movies, and Business Ventures
Willie Nelson Net Worth: A Journey Through Music, Movies, and Business Ventures
 
Climate Change All over the World .pptx
Climate Change All over the World  .pptxClimate Change All over the World  .pptx
Climate Change All over the World .pptx
 
Alert-driven Community-based Forest monitoring: A case of the Peruvian Amazon
Alert-driven Community-based Forest monitoring: A case of the Peruvian AmazonAlert-driven Community-based Forest monitoring: A case of the Peruvian Amazon
Alert-driven Community-based Forest monitoring: A case of the Peruvian Amazon
 
Navigating the complex landscape of AI governance
Navigating the complex landscape of AI governanceNavigating the complex landscape of AI governance
Navigating the complex landscape of AI governance
 
UNDERSTANDING WHAT GREEN WASHING IS!.pdf
UNDERSTANDING WHAT GREEN WASHING IS!.pdfUNDERSTANDING WHAT GREEN WASHING IS!.pdf
UNDERSTANDING WHAT GREEN WASHING IS!.pdf
 
How about Huawei mobile phone-www.cfye-commerce.shop
How about Huawei mobile phone-www.cfye-commerce.shopHow about Huawei mobile phone-www.cfye-commerce.shop
How about Huawei mobile phone-www.cfye-commerce.shop
 
Characterization and the Kinetics of drying at the drying oven and with micro...
Characterization and the Kinetics of drying at the drying oven and with micro...Characterization and the Kinetics of drying at the drying oven and with micro...
Characterization and the Kinetics of drying at the drying oven and with micro...
 
growbilliontrees.com-Trees for Granddaughter (1).pdf
growbilliontrees.com-Trees for Granddaughter (1).pdfgrowbilliontrees.com-Trees for Granddaughter (1).pdf
growbilliontrees.com-Trees for Granddaughter (1).pdf
 
Celebrating World-environment-day-2024.pdf
Celebrating  World-environment-day-2024.pdfCelebrating  World-environment-day-2024.pdf
Celebrating World-environment-day-2024.pdf
 
Sustainable farming practices in India .pptx
Sustainable farming  practices in India .pptxSustainable farming  practices in India .pptx
Sustainable farming practices in India .pptx
 
International+e-Commerce+Platform-www.cfye-commerce.shop
International+e-Commerce+Platform-www.cfye-commerce.shopInternational+e-Commerce+Platform-www.cfye-commerce.shop
International+e-Commerce+Platform-www.cfye-commerce.shop
 
Epcon is One of the World's leading Manufacturing Companies.
Epcon is One of the World's leading Manufacturing Companies.Epcon is One of the World's leading Manufacturing Companies.
Epcon is One of the World's leading Manufacturing Companies.
 
Summary of the Climate and Energy Policy of Australia
Summary of the Climate and Energy Policy of AustraliaSummary of the Climate and Energy Policy of Australia
Summary of the Climate and Energy Policy of Australia
 
Daan Park Hydrangea flower season I like it
Daan Park Hydrangea flower season I like itDaan Park Hydrangea flower season I like it
Daan Park Hydrangea flower season I like it
 

Nature-based solutions

  • 1. Nature-based solutions for climate change: from global ambition to local action Chip Cunliffe Director, Sustainable Development, AXA XL 22nd May 2020
  • 2. Ocean Risk in context Sea level and population density projections indicate that 800m will be at risk from coastal flooding and storm surges by 2050¹ Small Island Developing States and the Least Developed Countries are most threatened by ocean risk The IPCC states that climate change and anthropogenic pressures require ‘transformative changes’ to restore and protect nature ¹ https://www.c40.org/other/the-future-we-don-t-want-homepage ² https://www.preventionweb.net/risk/direct-indirect-losses ³ http://www.lloyds.com/~/media/Files/News%20and%20Insight/360%20Risk%20Insight/Global_Underinsurance_Report_311012.pdf In the last 10 years, insurers alone have paid out more than $300 billion for coastal storm damage – but this is dwarfed by amounts paid out by governments and taxpayers²
  • 3. Lack of understanding of how investing in natural capital can provide a timely and productive return Limited pipeline of risk adjusted investable projects to attract financing Insufficient data and modelling capabilities for investors to quantify ocean-derived risk Inadequate enabling policies to shift investment away from unsustainable infrastructure Apparent need for investment returns to be available in a short time period 1 2 3 4 5 Barriers to private investment in natural capital
  • 4. Science and Research Accelerate research and data to better analyse, predict, model manage ocean risk Practice and Innovation Build risk-adjusted scalable projects that deliver a return on investment while increasing resilience to ocean-derived risks Policy and Governance Inform and advance ocean resilience policy, governance, private sector and public understanding Pioneering finance products to regenerate coastal natural capital and build resilience in the most exposed and vulnerable regions and communities
  • 5. ORRAA uses the expertise of its membership to develop pioneering finance products Blue carbon credits Resilience credits Sovereign bonds Corporate bonds Catastrophe bonds Risk modelling expertise Parametric cover Policy wording Credit risk Risk pools RISK & INSURANCEFINANCE PRODUCTS Practice & Innovation

Editor's Notes

  1. Protection gap is very wide. In all our interests to close it. Is the difference between the amount of insurance coverage that is economically beneficial and what is actually purchased. In some countries this is as high as 95%.