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Podcast: REEF Roundup: 🪸Coral Reefs🐠 and 🐙Marine Conservation🦈
Episode: Part Two with Simon Young, the Volcanologist Fighting Back Against Natural Disasters Using Insurance │S2E5 - Part 2 of 2
Description: "There is no reason why the public works budget shouldn't include money for the protection of the reef, because the reef is protecting the economic engine. And we are absolutely in discussions with governments about this kind of thinking." - Simon Young
Today we talk with Simon Young, a volcanologist who went diving in the aftermath of a volcano and hurricane, and realized the need for quick remediation of damage following a natural disaster. He now works for WTW, and is helping to pilot a new type of coverage, parametric insurance. Parametric insurance provides immediate compensation for "...