This Lessons Learned Report documents Indonesia’s experience in developing a coral reef insurance solution in the Gili Matra Marine Protected Area. It captures key insights from the design process, including stakeholder engagement, risk assessment, product development, and institutional arrangements.

The report highlights practical considerations for applying insurance to natural assets, emphasizing its role as a complementary tool within broader coastal resilience and marine financing frameworks. It also identifies enabling conditions, challenges, and trade-offs—particularly around risk definition, institutional readiness, and sustainable financing.

Grounded in an early-stage implementation, the report provides evidence-based insights to inform policymakers, practitioners, and partners exploring the use of insurance and risk financing to support ecosystem resilience and recovery in Indonesia and beyond.