Technologie Hero Istock-1321708386 Nicolas Jooris-ancion

Nature Insurance Value: Assessment and Demonstration


Project timeline
December 2016
45 months
August 2020
General Information
NAIAD aims to operationalize 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. The project will do this in detail for eight 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 operationalization 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.
Trans-disciplinarity and stakeholder engagement are at the core of NAIAD for two reasons: First, because the conceptual and assessment methodologies combine physical, social and cultural and economic aspects, integrated into tools and methods but second, and most importantly “road tested” and validated with the stakeholders and end users themselves at the DEMOs. NAIAD will contribute to providing a robust framework for assessing insurance value for ecosystem services by (i) enabling full operationalization through improved understanding of ecosystem functionality and its insurance value at a broad range of scales in both urban and rural context; (ii) making explicit the links between ecosystem values and social risk perception; and (iii) the application of developed methods and tools in water management by relevant stakeholders, especially businesses, public authorities and utilities.
Hereon will coordinate a work package (WP5) in which an integration of the experience gathered in the DEMOs, and a transfer of this experience towards science-based risk reduction and adaptation strategies will be done.
EU-Programme Acronym and Subprogramme AreaH2020-SC5-2016-2017
Project TypeResearch and Innovation Action (RIA)
Contract NumberGrant Agreement 730497
Co-ordinatorConfederación Hidrográfica del Duero (ES)
Funding for the Project (€) Funding for Hereon (€)
Contact Person at Hereon Prof. Maria Manez, Climate Service Center Germany (GERICS), Phone: +49 40 22633 8408
E-mail contact
Worldwide Europe

Ambiotek Community Interest Company (UK), Bureau De Recherches Geologiques Et Minieres (FR), Business Development Group Srl (RO), Caisse Centrale de Réassurance (FR), Confederación Hidrográfica del Duero (ES), Consiglio Nazionale delle Richerche (IT), Europejskie Regionalne Centrum Ekohydrologii Polskiej Akademii Nauk (PL), Field Factors (NL), Geological Survey of Denmark and Greenland (DK), I-CATALIST SL (ES), Institut National De Recherche En Sciences Et Technologies Pour L'Environnement (FR), Instituto Geológico y Minero de España (ES), Institutul National de Cercetare - Dezvoltare Marina (RO), ISKRIVA, Institute for development of local potential (SI), Kings's College London (UK), Kobenhavns Kommune (DK), REVIVO, Institute for ichthyological and ecological research (SI), Stichting Deltares (NL), Stichting IHE Delft (NL), Stiftelsen Stockholm International Water Institute (SE), Universidad Politecnica De Cartagena (ES), Universite De Nice Sophia Antipolis (FR)
NAIAD website
Last Update: 16. April 2021