AM Best: New syndicate tackles carbon credits advancing climate goals

Carbon markets will not become a serious financial market on goodwill alone. They need risk solutions that can bring real balance sheet capital in behind them.

In AM Best, Oka CEO Chris Slater argues that the question is no longer whether carbon markets grow, but how quickly insurance can help them do it. His focus is on the role of risk transfer in making the market more investable, more liquid, and more capable of directing capital towards climate solutions at scale.

“This is a really call to arms for the insurance industry. The market for carbon credits is going to scale significantly. I’m hoping we’re a catalyst.”

Read the full article in AM Best: New Syndicate Tackles Carbon Credits Advancing Climate Goals.