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The blog discusses how the insurance industry can enhance the resilience of Asia's coastal areas by investing in natural defenses like mangroves and coral reefs. It highlights the economic and protective value of these ecosystems and the benefits of parametric insurance, which provides immediate funding after natural disasters.
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The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.
