In regions with high exposure to flooding for example, measures could include the construction of levees or the promotion of nature-based solutions to reduce this risk. Nature-based solutions are likely to have significant positive spillover effects on the economy and its sustainability. Where insurers are not present or have little penetration, MDBs and IFIs could play a role in bringing them in.
Innovative insurance schemes are starting to be used for the conservation and restoration of natural ecosystems. This is the case, for instance, of parametric insurance products of the natural park such as the interesting example of the insurance of Puerto Morelos in the Quintana Roo peninsula in México.