NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Registration: Register at Science Summit at UNGA79 and choose “Powering Resilient Ecosystems and Communities with Science” on September 25 to join the event online or in person.

Climate change and nature loss threaten lives, employment, and economic growth, negatively impacting global financial resilience and investment flows. This Science Summit Event will explore how scientific advancements in data analytics, risk assessment and predictive modelling can be leveraged to develop insurance products that incentivize the protection of nature and investments in climate adaptation. Nature-related insurance solutions can also make a meaningful contribution to the delivery of the Kunming-Montreal Global Biodiversity Framework, which highlights the need for both private and public financial actors to explore innovative financing mechanisms to tackle biodiversity loss. This event will convene senior speakers from the science, insurance and development communities to share expertise and insights on how the nexus of science, data and financial instruments are incentivizing the protection of nature, on which 50% of the global GDP is highly dependent.

Time: 16:00 – 17:30