Biodiversity and Ecosystems Services Index: measuring the value of nature
The Swiss Re Institute Biodiversity and Ecosystem Services (BES) Index assesses which economic sectors are most reliant on nature and evaluates the exposure each country has to BES decline.
Countries around the world depend on a range of vital natural services to help maintain the health and stability of their communities and economies. Better known as biodiversity and ecosystem services, these include food provision, water security and regulation of local air quality among others.
Explore our interactive infographic to find out which countries and economic sectors are most vulnerable to BES loss:
The index underlines the important need for nature-based insurance solutions and will create a new business segment for insurance, thereby strengthening resilience of affected regions and communities.
Using insights from the BES Index enables clients to add a sustainability perspective to risk selection and inform their decision on the long-term risk-adequacy of their premiums. An example is the protection of coastal properties in hurricane- or typhoon-prone areas by mangrove and coral reefs. An industry first, the BES Index offers an assessment of how intact coastal ecosystems are in these locations and, together with property data in CatNet®, provides insurance insights on the properties they protect. This information can be used for better risk protection and potentially risk adequate pricing.
The Swiss Re Institute BES Index can inform decision-making for governments' efforts to improve ecosystem restoration and preservation, for corporates and investors protecting against environmental shocks, or for the provision of insurance services that support the Sustainability Development Goals. The index is available as part of CatNet®, Swiss Re’s online natural hazard information and mapping system.
To find out more, click here.