• Key message Insurance might be an efficient tool to strengthen adaptation of forest management to climate change. A theoretical model under uncertainty is proposed to highlight the effect, on adaptation decisions, of considering adaptation efforts in forest insurance contracts. Results show that insurance is relevant to increase adaptation efforts under some realistic conditions on forest owner's uncertainty and risk preferences, and on the observability or not of adaptation efforts. • Context One of the challenges of forest adaptation to climate change is to encourage private forest owners to implement adaptation strategies. • Aims We suggest the analysis of forest insurance contracts against natural hazards as a vector to promote the implementation of adaptation efforts by private forest owners. • Methods We propose a theoretical model of insurance economics under risk and under uncertainty.
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