Bloomberg: Insurers Are Working to Shore Up the $2 Billion Carbon Offset Market

Insurance is starting to show up exactly where the offset market has been weakest: after fraud allegations, weak accounting, and climate losses have made buyers question what they are really buying.

In Bloomberg, Oka CEO Chris Slater explains why carbon insurance is emerging now, what it can help solve, and where its limits still sit. The piece also covers Oka’s partnership with Cloverly, its underwriting approach across thousands of projects, and the harder questions the market still has to answer on permanence, pricing, and long-tail climate exposure.

“Insurance is there to really enable risk and enable new innovations… In the carbon market, it is an important missing part at the moment.”

Read the full article in Bloomberg.