Insurance, Buffers, and the Permanence Trust - with Natalia Dorfman

About this episode

Eve and Sebastian discuss permanence liability and the Permanence Trust with Natalia Dorfman, exploring the evolution of carbon market insurance.

Who should hold permanence liability, for how long, and how?  In this episode of the CDR Policy Scoop, Eve and Sebastian speak with Natalia Dorfman has spent the last four years building Kita into the carbon market's leading insurance specialist. She make the case that the market is finally ready to move beyond buffer pools, and that the tools to do it already exist. Natalia draws a sharp distinction between short and long-term liability windows, explains why buffers were a necessary starting point but were never designed for perpetuity, and lays out why standards don't actually want to be holding that risk. That sets up the main event: the Permanence Trust , a feasibility study led by the American Forest Foundation with Kita as a supporting partner. The idea is straightforward in principle, an endowment-style fund that grows to cover reversals over time. But the questions around standards buy-in, cost structure, and what "replacement" actually means for capital markets are anything but. Natalia takes them head on. A report is due around June and a pilot to follow. This one is worth watching. Show notes: Eve Tamme: LinkedIn and Website Sebastian Manhart: LinkedIn and Website…

People in this episode

Hosts: Eve Tamme, Sebastian Manhart

Guest: Natalia Dorfman

Topics covered

• carbon markets
• insurance
• permanence liability
• buffer pools
• Permanence Trust
• standards
• capital markets

Keywords

• permanence liability
• carbon market
• insurance specialist
• buffer pools
• Permanence Trust
• American Forest Foundation
• capital markets

Mentioned in this episode

Organizations: Kita, American Forest Foundation

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