Funder: EUROPEAN COMMISSION
date_range Duration: from 01 December 2016 to 31 August 2020 (45 months) Finished
euro 173,250.00 EUR

Of European scope. With a Public character. It has been granted under a regime of Competitive.

In collaboration with other entities. Role: Member

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. NAIAD project is co-funded by the European Union, through the Horizon 2020 / Horizon 2020 (H2020) programme.

Call: H2020-SC5-2016-OneStageB (EUROPEAN COMMISSION)

Researchers

Former participants (1)