50 Investible Opportunities for a New Nature Economy 2026

Insurance products to support emerging innovations BOX 5 A significant portion of nature transition finance must go towards developing, demonstrating and deploying new technologies, some of which have limited risk or performance data, making investments challenging. There are a number of insurance products applicable to existing and first-of-a- kind technologies, which can support emerging opportunities typically at earlier stages of development. Green transition risks across project lifecycle Planning and development Construction OperationsFinal investment decision Creditworthiness of counterparties (e.g. offtakers)Cost volatility (e.g. input costs, overheads, FX) Lack of appropriate offtake agreements (volume, length, price, FX) Revenue volatility (e.g. price and volume fluctuations)Insufficient confidence in investment returns hindering financial decisions (e.g. company revenues, time scales, FX, interest rates) Insufficient confidence in viability of novel technologiesFinancial risks Weather impacts Damage from novel technology malfunction Performance and integration of technologies Input/feedstock supply volatility (e.g. intermittency)Cyber and terrorist attacks Contractors defaulting or failing to deliverSupply chain disruptionsOperating risks Reputational damages (e.g. environmental concerns, malpractice, third party misconduct)Legal fees or regulatory fines (incl. environmental and pollution, worker's compensation, physical damage, greenwashing)Liability and reputational risks Competitive disadvantages due to divergent environmental regulation/policiesNationalisation or expropriation of assets Business disruptions or delays driven by political instability and uncertainty in regulation and policyGeopolitical risks Risk transfer options: Insurance (triangle is non-conventional) Finance Public finance Risk engineering and advisory ContractsAvailability of adequate talent poolImma ture/slow progress acr oss value chain (e.g. roll out of su pporting infrastructure, cooperation, upstream engagement in transition) Industry innovation degrading competitive advantageUncertainty in market size and demand Delays to siting and permit processes IP theft degrading competitive advantageStrategic risks 50 Investible Opportunities for a New Nature Economy 28