Chasing Coral: Can Insurance Companies Help Save Coral Reefs?

Chasing Coral Reef Insurance

Chasing Coral is a documentary movie that was released on Netflix that has taken many people aback at how climate change has impacted coral reefs around the world. It left many people depressed as they felt hopeless that they couldn’t do much about the dire situation. Innovation will help reduce climate change impacts, which comes with money.

A Swiss Insurance company is working on a pilot project with hotel owners to insure coral reefs that protect their shoreline. The Quintana Roo province in Mexico, the study area of the pilot project, gets hit by hurricanes and other major storms that can damage the coral reefs protecting the shoreline of the hotels.

Do you think this is the right project to help coral reefs?

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