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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Tags: NAIAD, Nature-based solutions, European Commission