The Nature Conservancy ​​​

The Nature Conservancy (TNC) is a global environmental nonprofit working to create a world in which people and nature can thrive. 
 
The Howden Foundation supported TNC to develop the United States’ first ever coral reef insurance policy to fund the protection and restoration of Hawai‘i’s coral reefs when extreme weather events such as tropical storms and hurricanes occur. The policy is triggered when wind speeds of 50 knots (57 mph) occur sufficiently close to the coral reefs in question. If this happens, the Hawai‘i Emergency Reef Restoration Network will utilise the payouts to rapidly repair and restore coral reefs damaged by the storm. Through protecting the structural integrity of these reefs, this policy not only reduces the impacts of storm-surges on land, but also protects a vital part of Hawai‘i’s culture, lifestyle and economy.