Daily Digest: More carbon credit capacity needed, Axis leads Longbrook renewables line, US tariffs and cargo risk

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More insurers are needed to build the carbon credit market: CFC's Beattie 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. That shift is still at an early stage, but its direction carries implications for the rest of the industry, with risk transfer beginning to influence which projects progress and how capital moves. However, more insurance players need to enter the market if the sector is going to play a pivotal role in how the nascent carbon credit market grows and builds its reputability.