In a new opinion piece, Dr Nicola Ranger of the Environmental Change Institute and Olivier Mahul of the Oxford Martin School (OMS) argue that mobilising private capital is critical to scaling high-integrity carbon markets in developing countries.
Drawing parallels with the insurance industry, the authors propose building robust market infrastructure, establishing strong regulatory frameworks, and sharing risk through innovative financial products and public-private partnerships. With trust in voluntary carbon markets faltering, they emphasise the urgent need for insurance-style risk management to attract investment and support resilient, low-carbon growth.
Read the blog in full on the OMS website: Mobilising Private Capital to Scale Carbon Markets: Lessons from Insurance