Preprint available on insuring against variability of NbS / Mar 2024
A new preprint is available on our work on ex-ante pricing models for nature-based solutions. It is currently under review, so any feedback is most welcome! This paper tackles the challenge of variability in the performance of nature-based climate solutions by developing optimal release schedules that balance generating credits with higher permanence ratings against limiting the risk of negative additionality. We use Monte Carlo simulations on both theoretical and real-life projects to show how conservatively anticipating carbon release and issuing additional credits when reality is less pessimistic than projections can provide pragmatic insurance against the inherent uncertainty in these systems.
Read more about