Insurers eye $1.3 billion opportunity in voluntary carbon market

Published 20:03 on December 10, 2021  /  Last updated at 20:03 on December 10, 2021  /  Americas, Asia Pacific, Australia, EMEA, International, Kyoto Mechanisms, Nature-based, New Zealand, Paris Article 6, US, Voluntary Market  /  No Comments

The insurance sector should bolster its role in the growing voluntary carbon market, according to a recent report that estimates that the sector’s 2030 cut could be as high as $1.3 bln, as more market participants look to address risks associated with forest fires and other perils.

The insurance sector should bolster its role in the growing voluntary carbon market, according to a report out this week that estimates that the sector’s involvement could be as high as $1.3 billion by 2030, as more market participants look to address risks associated with forest fires and other perils.

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