The economics of climate risk ignores the value of natural habitats

clock • 4 min read
A healthy coral reef / Credit: iStock
Image:

A healthy coral reef / Credit: iStock

Where risk rises, returns have to rise too. Where ecosystems are protected, financing becomes cheaper

When Hurricane Delta hit Mexico's Caribbean coast in 2020, insurance payouts were released within days - not to rebuild hotels or roads, but to repair coral reefs. In the Mexican state of Quintana Roo,...

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