Markets/Coverages: Howden Launches 1st Carbon Credits Warranty & Indemnity Insurance Policy June 24, 2024 Howden, the London-based insurance intermediary group, announced the placement of the first carbon credits warranty and indemnity (W&I) insurance policy....
Yellen Embraces Carbon Market Potential With Integrity Push May 28, 2024 By Jennifer A. Dlouhy and Natasha White The Biden administration unveiled a framework for using carbon offsets to drive climate progress, with principles it says are meant...
Insurers Are Working to Shore Up the $2 Billion Carbon Offset Market May 24, 2024 By Coco Liu Data fraud, questionable accounting practices and intensified catastrophes are just some of the issues that have battered the voluntary carbon...
US Regulator to Issue Carbon-Credits Rulebook Within Months May 22, 2024 By Natasha White The US Commodity Futures Trading Commission expects to finalize its guidance for carbon credits within the next six months, as...
Markets/Coverages: CFC Introduces Carbon Delivery Insurance Policy March 20, 2024 Specialty insurer CFC announced its entry in the carbon insurance market with the launch of a groundbreaking new product. CFC...
Former Allianz Execs Raise Funds for Carbon Credit-Backed Insurance January 29, 2024 An insurance start-up founded by three former Allianz executives that aims to guarantee companies buying carbon credits get the permits...
Global Regulators Propose Tougher Scrutiny of Voluntary Carbon Markets December 4, 2023 By Huw Jones A global securities watchdog proposed 21 safety measures on Sunday to improve integrity, transparency and enforcement in voluntary carbon markets...
Startup Climeworks Battles Big Oil for the $1 Trillion Future of Carbon Capture October 19, 2023 By Brian Kahn Most everyone who’s committed their career to solving the climate crisis comes to the field because they have something they...
Oka Gets ‘In Principle’ Approval to Launch Lloyd’s Syndicate-in-a-Box 1922 October 17, 2023 Asta, the leading third-party managing agent at Lloyd’s, and Oka, the Carbon Insurance Company, announced that Lloyd’s has granted “in...
Global Initiative Launched to Rate Corporate Carbon Offset Claims June 28, 2023 By Susanna Twidale A standard to assess companies’ claims about progress towards internal climate targets and their use of carbon offset credits was...