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 (Compliance Markets & Taxes, US & Canada), Asia Pacific (Pacific), EMEA (Europe), International (Paris Article 6/PACM), Nature-based Carbon (Forestry), Voluntary (VCM Governance)

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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 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.


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