CREO is excited to share this research paper by Kobi Weinberg, “An Introduction to Risk Transfer Solutions for Climate Projects.” The paper explores how insuring and hedging risks can help climate companies build infrastructure that scales their technology. Risk transfer solutions are essential for decarbonization projects (e.g., hydrogen, sustainable aviation fuel, cement, steel, and carbon dioxide removal) to attract the millions or billions of dollars in private financing.

The paper is the second of a series of forthcoming introductory guides that familiarize readers with key elements of climate project development and finance. Our goal is to accelerate the construction of climate infrastructure. The first paper covered climate offtake agreements. Future papers will likely cover topics such as EPC contracts, government de-risking mechanisms, debt structures, and catalytic capital arrangements.