Episode 12 of Marsh FINPRO’s Powered By podcast series dives into the dynamic world of the voluntary carbon credit market, exploring its rapid growth, key players, and the evolving role of carbon credits in meeting global net zero goals. Marsh subject matter experts Mauricio Manrique, Lara Rose & Alex Phillips from Marsh London, along with host Grace Brighter, discuss the differences between compliance and voluntary markets, the increasing involvement of corporates and investors, and the critical importance of quality, transparency, and trust in this emerging space. Listeners will gain a clear understanding of how the market is expanding and why carbon credits are becoming valuable commercial assets beyond just environmental offsets.
The conversation also highlights the unique risks faced by carbon credit projects and why traditional insurance policies fall short in covering them. Specialized insurance solutions are explained as vital tools that help manage risks like project under-delivery and credit invalidation, unlocking greater investment and confidence in the market. With insights into future growth, regulatory needs, and how companies can engage with insurance experts, this episode offers a compelling look at the intersection of climate finance and risk management.
Senior Vice President, FINPRO Power & Renewables Leader
United States
Sarah is a Senior Vice President at Marsh where she leads a national team of FINPRO colleagues with specialized expertise in the Energy and Power sector.
Assistant Vice President
United States
Grace Brighter is an Assistant Vice President within Marsh’s FINPRO Placement Team. She is responsible for working with insurance carriers and negotiating competitive coverage for her clients.
Senior Placement Broker, FINPRO, Marsh Specialty UK
United Kingdom
Mauricio is a Senior Placement Broker within Marsh's Carbon Credit Center of Excellence. He has four years of broking experience across executive and professional lines, directors and officers liability.
Senior Vice President, Financial Lines
United Kingdom
Alex is a Senior Vice President within the Financial Lines team. Since joining Marsh in 2020, he's been at the forefront of innovative and alternative solutions for clients.
Project Manager, Climate and Sustainability
United Kingdom
Laura is a project manager within Marsh's Climate and Sustainability team. Much of her work is focused on increasing business understanding of risks associated with the global carbon credit markets and scaling related insurance solutions for carbon credits.
