The Policy & Practice of Climate Change & Water

New Episode of #ClimateReady Podcast | Ensuring Adaptation: Nature-Based Solutions to Reducing Risk

Infrastructure or ecosystems? Nature or economic development? Historically, those have been the tensions expressed about investing how we innovate, grow economies, reduce the impact of disasters, and alleviate poverty relative to preserving natural systems and ecological integrity.

Climate adaptation has shifted the terms of this long-standing debate. Traditional gray infrastructure is harder to design and maintain to be resilient. Nature-based solutions (NbS) work better in some situations, such as when we need more flexibility or face higher levels of uncertainty. Is a middle ground appearing?

In this episode of the ClimateReady Podcast, we bring in Dr. Elena Lopez Gunn to discuss her leadership to study, demonstrate, and ultimately quantify the insurance value of nature through a project she is leading known as NAIAD. This EU-funded project aims to expand the evidence base around NbS for reducing flood and drought risk while creating the business and financial frameworks necessary for operationalizing these approaches.

After our main interview Al Meghji, an MPA candidate at Cornell University, sends us a “Postcard from the Future” for a glimpse into the world of 2070 and some advice on how we can focus our efforts now to create a more equitable and livable society in the future. Stick around until the end for next year’s winning lotto numbers!
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NAIAD Project Presenting at European Geosciences Union General Assembly 2018

AGWA and SIWI are part of an ongoing EU project called Nature Insurance Value: Assessment and Demonstration (NAIAD). The project is coordinated by the Duero River Basin Authority and funded under the European Horizon 2020 Program. The goal of the project is to operationalize the insurance value of ecosystems to reduce the human and economic cost of risks associated with water (floods and droughts) by developing and testing - with key insurers and municipalities - the concepts, tools, applications and instruments (business models) necessary for its mainstreaming.

NAIAD will be presenting at the EGU General Assembly this April in Vienna, Austria. Representatives of the NAIAD project will give a presentation and answer questions as part of Session HS5.4 - "Nature Based Solutions for hydrological extremes and water resource management."

For more information about EGU General Assembly 2018, visit https://www.egu2018.eu/. To learn more about NAIAD, visit http://www.naiad2020.eu/ or check them out on Facebook. Read More...
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AGWA and SIWI Join EU Horizon 2020 Project on Nature Insurance Value: Assessment and Demonstration (NAIAD)

Earlier this month, AGWA and SIWI participated in a series of kick-off meetings in Valladolid, Spain for a new three-year EU project called Nature Insurance Value: Assessment and Demonstration (NAIAD). The project is coordinated by the Duero River Basin Authority and funded under the European Horizon 2020 Program. The goal of the project is to operationalize the insurance value of ecosystems to reduce the human and economic cost of risks associated with water (floods and droughts) by developing and testing - with key insurers and municipalities - the concepts, tools, applications and instruments (business models) necessary for its mainstreaming. Over 25 organizations from around 13 countries took part in the kick-off meetings.

AGWA and SIWI will contribute to the policy & mainstreaming, communications & dissemination, and basins models & financing instruments components of the project over the coming months and years.
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