EMEA > Africa > World’s first carbon insurance product launched to protect trade in ITMOs

World’s first carbon insurance product launched to protect trade in ITMOs

Published 05:01 on June 6, 2024 / Last updated at 17:31 on June 5, 2024 / / Americas, Asia Pacific, International (Aviation/CORSIA, Paris Article 6/PACM), Nature-based Carbon (Other NbS), Voluntary (VCM Governance), Africa

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The world’s first insurance solution was launched Thursday to protect against the risk of an ITMO credit losing its Article 6 authorization due to the corresponding adjustment (CA) not being made by the host country.
The world’s first insurance solution was launched Thursday to protect against the risk of an ITMO credit losing its Article 6 authorization due to the corresponding adjustment (CA) not being made by the host country.


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