Protecting carbon credits through data-driven insurance solutions
Publication Date:
Mar 01, 2024
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As Australia and New Zealand continue to face wildfire risk, Timber Investment Management Organizations (TIMOs) issuing carbon credits are left incompletely insured by the traditional market.
Descartes’ parametric insurance uses predefined triggers to accurately measure potential financial losses from bushfire driven carbon credit inventory impacts, as well as reforestation costs. This tailor-made, data-driven coverage ensures transparency and reliability, as the client has peace of mind they will receive their payment following a wildfire event.
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