In response to growing climate challenges across Europe, LGI Sustainable Innovation has been at the forefront of assessing Europe's insurance landscape to address climate risks in key sectors: agriculture, forestry, and urban green infrastructure. Through thorough examination of these areas, our market study identified critical gaps where innovative solutions, such as parametric insurance and nature-based strategies, can address these gaps. From covering risks such as extreme weather events in farming to supporting green roofs in urban environments, our research highlights the untapped potential of insurance to bolster climate resilience.
As we progress, sustainability and scalability remain at the heart of our mission. Beyond merely identifying innovative models, our focus now shifts to ensuring their adoption across Europe. This involves crafting a comprehensive roadmap, refining approaches, and bringing together public and private stakeholders to maximise their impact. By bridging insights from academia, market surveys, and case studies, we are committed to transforming research into practical, actionable strategies that benefit communities and ecosystems alike.
Through these endeavours, LGI aims to align insurance innovation with Europe's ambitious climate goals. By providing tools that mitigate risks and foster resilience, we are paving the way for a sustainable future. Whether through supporting farmers against extreme weather or urban planners in adopting green infrastructure, our solutions stand as a testament to the power of collaboration and innovation in achieving lasting climate adaptation.
To learn more about these innovative insurance solutions and our research in climate resilience, visit the PIISA project website at Piisa-project, where this work directly contributes to broader European climate adaptation initiatives.