Slide Unlocking the Potential of Insurance for Coastal Resilience Demonstration projects are moving climate insurance from theory to practice and spurring investments in coastal nature-based solutions to reduce flooding risks

California’s coastal communities face growing, climate-driven threats, including rising seas and frequent flooding, which impact both coastal ecosystems and the people who depend on them. The multi-trillion dollar insurance industry, which increasingly views these same coastal-climate impacts as unchecked risks, can also be a tool for mitigating these risks if activated through climate adaptation efforts.

Ocean Science Trust signed a memorandum of agreement with California Department of Insurance to provide our science services and support on advancing climate resilient coasts and oceans. Together with other academic and nonprofit partners, OST is deploying science-based dialogues to bring the power and financial weight of the insurance industry to bear on building climate resilience for California. In a sequence of convenings, ranging from international dialogues, to statewide symposia, to place-based local workshops, we are bringing together decision-makers, coastal and ocean experts, and insurance industry leaders to design demonstration projects that will equip California with ready-to-go climate insurance programs including nature-based solutions.

We will bring resources and public commitment to demonstration projects and associated research, and create a roadmap for state adoption. California has a unique opportunity to test new policies and programs, to center equity in considering the beneficiaries of this work, and to amplify results and learning nationally and internationally.

Current and Recent Projects

Coastal grasses and people are scattered in the foreground on a beach; in the distance, houses perch atop short cliffs above the water.
Photograph of a person in a red jacket standing with their back to the camera. A driftwood log is visible next to them, and the sea recedes into fog in behind them.
Photograph of the late afternoon beach in Humboldt Bay. The sky is reflected on the wet sand, and dense trees are visible in the background. People dot the beach with their dogs, surfboards, and toys.
The viewer looks down a bridge, most of which is hidden underwater. Waves wash across the road and trees loom against a gray sky on the opposite side of the flood.
Aerial view of the La Jolla Children's Pool, with white-capped waves crashing against the dark gray stone of a seawall. The dark brown shapes of sea lions dot the protected beach.