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Carbon Credits

The carbon markets will play a vital role in our transition to a low-carbon future. Explore the solutions that can give confidence in these growing markets.

Carbon Credit Fundamentals

Explore our glossary


$30bn

projected size of the carbon insurance market in 2050

82%

increase in the price of VCCs from 2021 to 2022

4,916

registered projects within the VCM in January 2024

*All $ amounts in USD


Types of carbon offset

Carbon credits can be either more nature- or more technology-based


Risk Overview


Press release: Marsh and We2Sure launch new insurance facility to help businesses tackle rising risk of fake carbon credits


Solutions

selected option

1. Operational risk, as a result of developer underperformance or insolvency could lead to loss of their future income.

Insurance solutions to support include:

  • Project non-performance insurance (specialist VCC insurers)

2. Investors can also be subject to regulatory change, in case changes in awarding standards affect the validation and quality of their credits. This could lead to credit invalidation and potential financial loss.

Insurance solutions to support include:

  • Invalidation insurance (specialist VCC insurers)

Case Studies: Insurance in action


Marsh is the partner to help you navigate the voluntary carbon market

Carbon market acumen

Our dedicated team of in-house climate and sustainability specialists have been involved with the voluntary carbon market since inception. We have an in depth understanding of the carbon market, it’s mechanics, and the solutions available to the risks it poses clients.

Global reach, local solutions

As the world’s largest insurance broker and risk advisor, our global reputation allows us to drive change at the forefront of the voluntary carbon market. With placement specialists in every region, our global reach gives us a uniquely powerful perspective on emerging risks.

Unrivaled breadth of expertise

As Marsh McLennan, we bring a uniquely connected approach to our work within the carbon markets. Our modelling, advisory, actuarial, and analytical work is enhanced by bringing together climate experts from each of our global businesses – Marsh, Guy Carpenter, Mercer, and Oliver Wyman.


To understand our full suite of capabilities, please contact:

Alexander Philips

Alexander Phillips

Senior Vice President, Financial Lines

Steve Forrest

Steve Forrest

Managing Director, Climate and Sustainability

Lara Whitmore

Lara Whitmore

Project Manager, Climate and Sustainability



Talk to us

Contact us to speak to an industry or risk specialist, learn more about a specific solution, or submit a sales/RFP inquiry.