The economics of climate risk ignores the value of natural habitats
- Written by Narmin Nahidi, Assistant Professor in Finance, University of Exeter
Coral reefs in Quintana Roo, Mexico. Connect Images - Curated/ShutterstockWhen Hurricane Delta hit Mexico’s Caribbean coast in 2020, insurance payouts were released within days – not to rebuild hotels or roads, but to repair coral reefs.
In the Mexican state of Quintana Roo, reefs are insured and restoration is taken care of by a local...







