We know that CDR will be essential to tackling the climate crisis but the market will scale only when buyers, investors and project developers have confidence that projects are deliverable and financeable. A robust market depends on reliable systems and insurance is already helping developers turn uncertain future revenues into something more bankable.

In this practical breakout session Matt and Lara from Marsh’s Carbon Credit Insurance team will unpack how insurance can help address the risks that currently hold back investment in CDR: what happens if a project under delivers? How can we help buyers invest more confidently? How can insurance facilitate cheaper capital?

We will explore what carbon insurance is, how it works, who it is for and why it will be a critical enabler of a trusted carbon market. We will also look at the questions buyers and developers should be asking, the challenges insurers face, and what needs to happen next for insurance solutions to support CDR at scale.

This is a 101 session designed to make a complex topic accessible and give you a clearer view of how sharing and allocating risk could help unlock the next phase of CDR.

Examining the economics of the global transition towards net-zero and the growing demand for carbon credits, the topic will explore who ultimately bears the cost and who should bear the cost—governments, corporations, consumers, or investors. It also considers how carbon markets have to create a balance between climate action, financial returns, and equity to make carbon projects viable in the long run, also in comparison to international market when it comes to the price of Carbon Credits here in India, where entire carbon market stands price sensitive it’s quite harsh when affordability is concerned.

The ambition to finance positive environmental outcomes is clear, and investor appetite is growing. Yet turning that ambition into bankable transactions remains challenging.

What if the biggest barrier isn't the availability of capital, but the risks lenders are being asked to assume?

Join Enosis Capital and Texel for an interactive discussion exploring how insurance, credit enhancement and innovative financing structures as proven in the world of debt of nature swaps can help overcome these barriers, mobilise private capital and scale investment in carbon and nature markets.

Buyers already have plenty of reasons to say no to carbon removal. Don't let your sales process be another one.

Across the market, we keep seeing the same pattern. Companies that raised tens of millions for their technology spend almost nothing on selling it. Plants get built and credits pile up, while the commercial process gets left to chance: slow replies, messy diligence, a champion left alone to win internal sign-off, and an RFP filled in by AI and then read by AI.

The days of easy money and frictionless buying are over. Waiting for the market to come to you is now a strategy, and a costly one.

The damage also spreads. One poor buying experience doesn't just lose a deal. It can put a corporate buyer off carbon removal entirely.

That makes commercial readiness a shared responsibility amongst us all.

Scaling permanent carbon removal requires shifting from geographically isolated voluntary procurement to large-scale, global demand that is driven in large part by government policy. Systemic industry collaboration is essential to shape this transition at all stages of the process. CDR industry associations address this by gathering together buyers, investors, market makers and developers to coalesce around common views and standards, and then acting as the conduit for the industry to communicate with partners and stakeholders. This interactive campfire session breaks down the fragmented market to map out a structured roadmap for mature, industrial-scale deployment. Including:

Trajectory of CDR, The ecosystem, Maturity requires structure, Value proposition of industry associations, Bottlenecks, Cost, Bandwidth, Lack of familiarity/understanding

Carbon markets are evolving as quality expectations rise, voluntary and compliance markets

become more interconnected, and international frameworks move toward implementation. The

market has invested significant effort in defining quality through robust methodologies,

enhanced transparency, independent assessments, integrity labels, and other mechanisms. Yet

buyers continue to face multiple competing claims when making purchasing decisions. This

campfire will explore how the market can bridge the gap between recognizing quality and

translating it into buyer confidence and actual demand.

Questions for Discussion

1. If the market broadly agrees that quality matters, are buyers receiving the right signals to

distinguish credible carbon credits?

2. Has the market made quality too complicated to understand and communicate? How

can differences in credit quality be conveyed clearly without overwhelming buyers and

projects?

3. Which integrity frameworks—such as the ICVCM’s Core Carbon Principles and

CORSIA—are helping buyers make informed decisions?

4. Should the market price in differences in sectors and activity types (e.g., removals vs.

reductions or engineered removals vs. natural), or should all verified credits be treated

equally? What can standards do to provide confidence to buyers for all activity types?

5. How is the evolution of compliance market and Article 6 impacting integrity within the

voluntary market? Is there a risk of stifling innovation if markets converge?

Take the opportunity to enjoy lunch and build new connections across the carbon removal community.

• How should businesses and policymakers balance carbon dioxide emissions reductions, superpollutant mitigation, and carbon removal to maximise climate impact?
• Where are the biggest opportunities to integrate mining, methane, black carbon, and other superpollutant reduction strategies with long-term carbon removal?
• Which companies, sectors, and regions are leading the way in delivering integrated climate action, and what lessons can others learn from their approach?
• Are stronger policy and market signals emerging to support integrated climate solutions, and what will be needed to accelerate adoption?