Artio’s CORSIA Adjustment Cover approved by Gold Standard
By Ibrahim Sarwar
Artio’s CORSIA Adjustment Cover has been approved by Gold Standard for use within its CORSIA frameworks, marking another step forward in strengthening integrity and confidence in global carbon markets.
The approval means Artio will join insurance providers offering coverage to project developers seeking eligibility under Phase One of CORSIA, the international aviation offsetting scheme. The policies, assessed by Howden, help mitigate the risk of double counting under CORSIA, ensuring the continued high quality of Gold Standard-certified credits.
Bilal Hussain, Co-Founder and CEO of Artio, commented:
"Insurance has a powerful role to play in safeguarding the credibility of carbon markets. Gold Standard’s approval of our CORSIA Adjustment Cover is an important signal that robust and fit-for-purpose risk tools can help strengthen market integrity, while unlocking confidence for climate investment. Our aim is to make trust insurable and this is another step toward that goal."
Artio's CORSIA product* provides a coverage quote within 48 hours** of request via its online quote builder. Developers can simply upload project details in Artio’s Underwriting Platform to understand the cost of CORSIA insurance.
*eligibility criteria, exclusions, and limitations apply. Please review full terms before proceeding
**subject to upload of all appropriate documentation