Maldives Monetary Authority has issued the Feasibility study of scaling coral reef insurance report
This report presents the feasibility assessment to introduce a parametric insurance mechanism that will protect and restore coral reefs in the Maldives, from the threat of climate change-induced marine heatwaves. Led by UNDP Maldives, the Maldives Monetary Authority, and AXA… pic.twitter.com/eXEa5Azgor
— MMA (@MMA_Maldives) July 1, 2025