The Nature Conservancy debuts new Hawaii coral reef insurance plan

clock • 4 min read
The Nature Conservancy debuts new Hawaii coral reef insurance plan

Hawaii will receive pay-outs of up to US$2m for reef restoration if tropical storms hit, building on the world’s first reef insurance policy covering hurricane damage in Mexico.

Global advisory firm WTW and The Nature Conservancy (TNC) have joined forces to announce the first ever coral reef insurance policy to be offered in the US, which aims to provide funds to protect, restore,...

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