More insurers are needed to build the carbon credit market: CFC

With demand moving from voluntary offsets to regulated requirements, insurers are being pulled into the mechanics of carbon finance. CFC’s Corsia approval illustrates how risk transfer is starting to direct capital, project viability and future participation

The role of insurance in carbon markets is beginning to change: instead of sitting outside the transaction and offering cover once a deal is already in motion, insurance is now being used to help the market function from the get-go.