Marsh: How insurance can help build confidence in the voluntary carbon market

For a market that still talks a lot about integrity, the practical question is more mundane: who actually carries the risk when a carbon credit fails?

In this Marsh article, Oka is identified as part of the emerging insurance layer designed to answer that question more seriously. The piece argues that as companies start viewing carbon credits through a risk lens, specialist cover can help move exposure away from buyers and reduce reliance on blunt mechanisms like buffer pools.

That matters because better risk transfer does more than protect a purchase after the fact. It can improve project economics, free up more credits for sale, and make the market easier to finance in the first place.

The good news is that risk could one day be transferred away from these buffer pools to insurers like Oka... Oka and similar insurers provide coverage for clients’ financial, reputational, regulatory, and climate exposures. These specialized insurers identify the risks facing their clients and compose a matrix of choice for coverage consisting of traditional and more innovative products, thereby reducing financial uncertainty and helping provide peace of mind for companies seeking to make carbon credits a pillar in their climate objectives.

Read the full article on Marsh's website: How Insurance Can Help Build Confidence in the Voluntary Carbon Market.