Carbon credit registry Verra has approved an insurance policy from Artio for use within its ongoing durability pilot, providing carbon project developers with an expanded selection of reversal risk management options.
The Artio insurance product meets all technical criteria established under the durability pilot and is available to eligible projects registered under the Verified Carbon Standard (VCS) Program that opt for an insurance-backed risk management model.
To utilize the Artio policy, project proponents must submit a formal expression of interest and receive official authorization from Verra before entering into direct commercial agreements with the insurer.
Expanded Reversal Risk Options Alternative To Pooled Buffer Accounts
Launched in December 2025, Verra’s durability pilot tests alternative approaches to managing permanence and carbon reversal risks across Agriculture, Forestry, and Other Land Use (AFOLU) as well as Geological Carbon Storage (GCS) project types.
Under traditional VCS procedures, project proponents contribute a percentage of issued credits to a shared, pooled buffer account to cover potential carbon leakage or environmental reversals.
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The durability pilot allows participating developers to utilize approved financial instruments, such as fund-based mechanisms or third-party insurance policies like Artio’s, as flexible alternatives to standard buffer pool deductions.
Verra stated that adding approved commercial insurance options helps project developers better manage long-term liability while maintaining rigorous carbon permanence safeguards across registered carbon projects.
Read more: Artio Launches Carbon Insurance With Lloyd’s Coverholder Status
