Insurance provider Willis is introducing integrated insurance products to help carbon capture and storage (CCS) projects in Europe and Southeast Asia secure financing. By addressing the specific risk profiles of CCS infrastructure, the firm aims to lower the barriers for investors and developers. This move targets a critical bottleneck in climate tech, where the lack of standardized risk management often stalls large scale decarbonization projects. Improved insurance coverage could accelerate the deployment of carbon removal and storage capacity globally.
