Nature-based solutions, prevention and reduction of risks and the insurance sector
Summary
This cluster aims at reducing environmental degradation, halting and reversing the decline of biodiversity on land, inland waters and sea and better managing natural resources through transformative changes of the economy and society in both urban and rural areas. It will ensure food and nutrition security for all within planetary boundaries through knowledge, innovation and digitalisation in agriculture, fisheries, aquaculture and food systems and steer and accelerate the transition to a low carbon, resource efficient circular economy and sustainable bioeconomy, including forestry.
Programme Name
Programme Description
Horizon Europe is the European Union (EU) funding programme for the period 2021 – 2027, which targets the sectors of research and innovation. The programme’s budget is around € 95.5 billion, of which € 5.4 billion is from NextGenerationEU to stimulate recovery and strengthen the EU’s resilience in the future, and € 4.5 billion is additional aid.
Call
Detailed Call Description
The successful proposal should:
- Establish a network and the needed collaborative and participatory arrangements and spaces between all relevant stakeholders in risk reduction across scales: insurers and re-insurers, financing bodies (e.g. the EIB and other investors), farmers associations, relevant actors from the scientific community and potential links to other relevant initiatives (such as the Covenant of Mayors);
- Facilitate a dialogue at different levels of such a network of stakeholders on potential opportunities, strategies or mechanisms to foster collaborative action for a more robust decision-making and for increased risk prevention through NBS;
- Identify risk-related data requirements, mechanisms, existing tools, and opportunities for better data sharing to identify areas at risk and potential areas of intervention through NBS or hybrid approaches;
- Support the establishment of secure and efficient data sharing mechanisms between local authorities, insurers and the private sector, taking into appropriate consideration data privacy issues;
- Develop agreed and robust metrics for the quantification of risk reduction performance, and/or ways to assess risk mitigation potential from NBS, including better integration of NBS models and catastrophe models, damage estimates under climate change scenarios and avoided damages;
- Identify financing options and existing success stories for NBS investments from insurance companies, including through blending mechanisms;
- Identify new insurance products that are transparent and affordable in terms of risk premiums and/or pooling of risks;
- Highlight best practices, and remaining gaps, related to the use of NBS to reduce and control risks, considering the type of hazard, location, and scale of intervention;
- Identify specific case studies related to NBS and reduction of risk in EU policies and strategies.
Applicants should create synergies with projects under the same topic and other relevant ongoing or up-coming projects, as well as include dedicated tasks and appropriate resources for coordination measures, foresee joint activities and joint deliverables.
Proposals should ensure that project outputs are accessible through the Oppla portal. This topic should involve the effective contribution of SSH disciplines.
Financing percentage by EU or other bodies / Level of Subsidy or Loan
100%
EU contribution per project: € 4,00 million
Programme Category
EU Competitive ProgrammesTotal Budget
€4,00 millionThematic Categories
- Environment and Climate Change
- Regional Development
- Research, Technological Development and Innovation
- Urban Development
Eligibility for Participation
- Central Government
- Farmers Unions
- Local Authorities
- Private Bodies
- Researchers/Research Centers/Institutions
- State-owned Enterprises
Call Opening Date
22/06/2021Call Closing Date
06/10/2021National Contact Point(s)
Research and Innovation Foundation
Strovolos Avenue 123, 2042 Nicosia, Cyprus, P.O.Box 23422, 1683 Nicosia
Email: support@research.org.cy
Website: https://www.research.org.cy/
Dr Angelos Ntantos
Scientific Officer
Telephone: 35722205033
Email: antantos@research.org.cy
Dr Ioannis Theodorou
Scientific Officer
Telephone: 35722205038
Email: itheodorou@research.org.cy
(Publish Date: 18/08/2021-for internal use only)
