Risk in Context Podcast: Advancing sustainability through a robust voluntary carbon credits market

As the urgency to address climate-related challenges intensifies, there is increased interest in the role that voluntary carbon credits can play in helping organizations offset their carbon footprint as part of a wider effort to contribute to a more sustainable future. This is taking place at the same time that several governments are taking action to address the ongoing climate crisis through ambitious commitments to reduce carbon emissions.

However, this growing market comes with a complex set of risks, underscoring the importance of robust insurance offerings that allow organizations to transfer the risks of purchasing carbon credits and supports the innovative projects aimed at offsetting carbon emissions.

In this episode of Risk in Context, Amy Barnes, Head of Climate and Sustainability Strategy at Marsh, speaks with Ryan Bond, Head of Insurance Innovation for Climate and Sustainability; Andre Fernandez, Chief Executive Officer of Invert; and Chris Slater, Founder and Chief Executive Officer of Oka, The Carbon Insurance Company. They discuss the different types of carbon credits, challenges faced by the market, and the indispensable role of insurance in supporting the market’s evolution.