The ocean is changing faster than ever. Investing in nature can help protect it
Climate change's impact on the ocean threatens the lives of billions of people and could result in massive future costs - but investing in nature can help.
Chip is Director of Sustainable Development at AXA XL. He manages AXA’s Ocean Risk Initiative which works to identify innovative insurance and finance solutions to the impacts of ocean-related risks. Chip is leading the development of a Coastal Risk Index, and how to use insurance as a cost-effective mechanism to restore mangroves after extreme weather events.
He is also working on developing a Coastal Resilience Bond, and identifying insurance pathways to prevent Illegal, Unreported and Unregulated (IUU) fishing. Chip has launched AXA’s Ocean Education programme, which has so far reached 8m students around the world, and the Ocean Risk Scholarship programme to support early career scientists’ research into ocean risk.