REDD Insurance solutions to minimise risk for investors

01/07/2011 / Kaj

A California-based developer said Thursday it has signed a political risk insurance contract with a US government agency for a deforestation project, a move it hopes will bolster investor confidence in the nascent Redd market.Terra Global Capital signed the deal with the Overseas Private Investment Corporation (Opic), a government-run development finance institution, to insure its investment in an Asia-based project to reduce emissions from deforestation and degradation (Redd).This was the first political risk insurance contract written by Opic for a carbon project.

Read more in the article from Point Carbon North America

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