Forum highlights role of insurance in climate disasters
March 16, 2023
Santa Cruz Sentinel
Experts in the field of climate change, public policy and the insurance industry gathered at the Seymour Marine Discovery Center on Thursday to discuss ways to reduce the risks associated with climate caused natural disasters using insurance and nature-based solutions such as preserving and bolstering wetlands to prevent flooding.
Michael Beck to lead new Center for Coastal Climate Resilience
November 14, 2022
UC Santa Cruz
The center is part of the university’s renewed research focus on climate change, resilience, and coastal sustainability. “I am honored and excited about the opportunity to lead the Center for the University,” said Beck. “The Center will focus our campus efforts on addressing the challenges we face from climate change and in identifying solutions that can benefit people and nature in coastal communities.”
UCSC partners in NSF research hub to use nature to protect coastal communities
September 7, 2022
UC Santa Cruz
The National Science Foundation (NSF) has awarded UCSC and an interdisciplinary team of researchers a $20 million grant to assess climate risks and identify where coral reefs and mangroves can best protect underserved coastal communities. The project is part of the NSF’s Coastlines and People program. Professor Beck will serve as co-director of the new Climate Risks and Equitable Nature-based Solutions Hub with Professor Maya Trotz, the lead PI from the University of South Florida.
Mangroves and Coral Reefs Yield Positive Return on Investment for Flood Protection, Study Finds
June 24, 2022
World Economic Forum
Using a benefit-risk analysis, researchers have found that mangroves and coral reefs can be cost-effective in reducing coastal flooding, a press release from the University of California, Santa Cruz (UCSC), said. Using risk and insurance industry techniques, the researchers were able to show that the gains from reduced damage from floods outweighed the costs of restoring the corals and mangroves, leading to a favorable return on investment.
Hawaii’s ‘million-dollar reefs’ need more funding to protect us, study finds
April 19, 2021
Honolulu Star Advertiser
A new study shows U.S. coral reefs provide $1.8 billion in flood-risk benefits to property owners and people’s livelihoods every year, with top value assigned to the reef stretching offshore of Diamond Head, Waikiki and Kakaako.
Coral reefs prevent >$5.3 billion in potential U.S. flood damage