---
title: Parametric Insurance Incentives for the Protection of Coral Reefs
date: 2024-03-27T14:17:39Z
modified: 2025-07-23T11:26:44Z
permalink: "https://chancerylaneproject.org/clauses/parametric-insurance-incentives-for-the-protection-of-coral-reefs/"
type: clause
status: publish
excerpt: ""
wpid: 2229
jurisdiction:
  - England & Wales
maintenance-status:
  - Not maintained
practice-area:
  - Insurance
sector:
  - Energy and natural resources
  - Environment
clause_child_name: "Nemo's Clause"
clause_summary: "<p>A set of clauses to sit within a parametric insurance policy that incentivise insured parties to provide for the rapid restoration of coral reefs after catastrophic weather events.</p>"
clause_last_updated_date: 2021-10-29
related_clauses: false
---

## Child’s name

Nemo’s Clause

## Summary

A set of clauses to sit within a parametric insurance policy that incentivise insured parties to provide for the rapid restoration of coral reefs after catastrophic weather events.

## Last updated date

2021-10-29

## Related clauses