
As coastal guardians scramble to save these valuable ecosystems, the emergence of parametric insurance products is releasing the necessary funds. By Emma Bryce, September 27, 2023A researcher at work in Puerto Morelos Reef National Park, Mexico (Image: Alamy)On 7 October 2020, Mélina Soto hunkered down in the Mexican port town of Puerto Morelos as Hurricane Delta struck the coast she calls home at 110 miles per hour. “The sound of the wind