During this webinar, Verra will provide an overview of the durability pilot initiative, including participation requirements and the participation process itself.
The three-year durability pilot was launched along with the release of VCS Version 5 to explore alternative approaches to managing non-permanence risk. Under this pilot, projects may use either insurance or a fund-based approach instead of the pooled buffer account.
In this session, we will also hear perspectives from CarbonPool and Kita, two insurance companies developing products in the space. Additionally, attendees will hear from Kita on their feasibility study, co-led with the American Forest Foundation, exploring permanence funds as alternative approaches to managing non-permanence risk.
This webinar is intended for project proponents, market participants, and other stakeholders interested in learning more about the durability pilot and how it may apply to projects.