CarbonPool has submitted the following comments in response to the U.S. Department of Energy's (DOE) request for feedback on its Voluntary CDR Purchasing Challenge. In our letter, we urged the DOE to incorporate the use of in-kind insurance as a part of its standard contract norms, reflecting insurance's vital role in securing the integrity and permanence of carbon credit transactions. May 15, 2024 U.S. Department of Energy Office of Fossil Energy and Carbon Management 10

There are many changes underway these days to bring greater transparency, integrity and certainty to the voluntary carbon market (VCM). One key development is that regulators and registries are increasingly proposing in-kind insurance as a risk mitigation mechanism to secure the permanence of carbon sequestration efforts – as a replacement for, or in addition to, buffer pools. The European Union (EU), United Nations (UN), American Carbon Registry (ACR), and Climate Action Res

Carbon credit insurer CarbonPool secures $12 million to underwrite the carbon credit markets Seed capital to build the world’s first insurance company with a carbon credit balance sheet CarbonPool provides credit insurance with claims payments made in-kind, ensuring companies can guarantee the carbon credits that they buy actually materialize This insurance is the critical missing component that will unlock investments in carbon credit projects, a market which is currently fa