In the article Insurance-backed credits: an innovative step in theevolution of the carbon markets, Oka CEO Chris Slater discusses the recent flurry of activity in the carbon credit insurance market that has presaged the next stage in the evolution of thevoluntary carbon market (VCM).
“With insurance, we’re trying to give buyers confidence that the credits they’re buying can stand behind the claims that they’re making with their net-zero goals.
And for developers who are listing their credits on a global platform, it gives them an opportunity to signal to the market that their credits are insured [and that] therefore they are of quality.”
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