At CarbonPool, we help society reach NetZero by providing in-kind insurance for failure to achieve net zero commitments due to shortfalls, reversals, business interruptions and natural catastrophes that either reduce carbon dioxide removals or unintentionally add carbon dioxide back into the atmosphere.
By holding a balance sheet denominated in high quality carbon removals, CarbonPool can cover risks for project developers, removal buyers, or industrial businesses that have exposure to carbon removals risks. CarbonPool is able to take on multi-year risks, up to 5 years, with single premiums paid upfront.
CarbonPool's team of insurance leaders, climate scientists, weather modellers, geographers, and engineers assess each risk to build bespoke risk models. The premiums collected from each client are invested, alongside CarbonPool's own capital, into high quality carbon removal afforestation projects, with the resulting removals actively traded in order to be able to pay out as close to like-for-like.
Currently in the process of applying for a Swiss regulated (re)insurance license, CarbonPool can already pre-underwrite your exposures - just reach out to ask for a quote.