Insuring Carbon Restraint: Captive Insurance, Parametric Solutions, and Climate Risk

The Edge of Risk by IRMI welcomes Dr. Marcus Schmalbach, CEO of RYSKEX, for an in-depth discussion on using captive insurance and parametric structures to bring financial credibility to carbon sequestration projects. Focusing on the Arx Veritas "carbon-in-the-ground" model, the episode examines how environmental restraint can be transformed into a measurable, tradable asset through blockchain verification, independent data sources, and clearly defined triggers. Dr. Schmalbach also addresses jurisdictional considerations, scalability to other sectors, and the broader role of insurance as a trust mechanism in the carbon economy.