Pre-Purchase the Digital Edition

The Future of Carbon Finance: Building the legal and financial infrastructure for nature-based climate solutions.

Pre-publication price $99 (regular $149). Publishing December 2026.

The Future of Carbon Finance book coverComing in December 2026

New Book

From bespoke projects to a financeable asset class.

The Future of Carbon Finance is a practitioner's guide written by leading lawyers, structured finance experts, market infrastructure providers, ratings agencies, developers, and insurers.

It maps the end-to-end financial infrastructure required to turn high-integrity nature-based projects into investable, scalable assets — from rights and risk transfer to governance and capital structures.

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Pre-order The Future of Carbon Finance: Building the Legal and Financial Infrastructure for Nature-Based Climate Solutions and receive the complete digital edition upon publication.

Pre-sale price

$99

Regular price after publication

$149

What you get

  • —The complete digital edition, delivered on publication in December 2026
  • —Special pre-publication price of $99 (regular price $149)
  • —A practitioner's guide by leading lawyers, structured finance experts, market infrastructure providers, ratings agencies, developers and insurers

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Where we're taking this conversation

The book, in the room

The Future of Carbon Finance was shaped in working sessions with the practitioners who structure and close these deals.

All events →
The Future of Carbon Finance: Scaling Finance for Nature-Based Climate Solutions
September 21, 2026 · New York City

The Future of Carbon Finance: Scaling Finance for Nature-Based Climate Solutions

New York Climate Week

The Future of Carbon Finance — Practitioner Working Session
June 2026 · London

The Future of Carbon Finance — Practitioner Working Session

London Climate Action Week 2026

Inside the book

Six pillars for scaling high-integrity carbon finance

Ownership and Rights

Clarifying legal title to carbon credits as foundational asset infrastructure.

Standardized Underwriting

Frameworks for assessing project quality and investment readiness at scale.

Bankable Revenue Contracts

Structuring revenue agreements that provide predictable cash flows and de-risk capital.

Carbon Financing Contracts

Standardized contracting that makes transactions easier to price, negotiate, and repeat across projects and jurisdictions.

Insurance and Risk Allocation

Innovative instruments that protect investors, developers, and communities against uncertainty.

Project Finance Structures and Governance

Special purpose vehicles (SPVs) and governance models that align incentives across stakeholders.

Acknowledgements

A book built by the market itself

The Future of Carbon Finance is a deeply collaborative effort, built from a blueprint for the financial, legal, contractual, and institutional infrastructure needed to finance nature-based carbon projects at scale.

Practitioners across carbon markets, conservation, finance, law, insurance, project development, and market infrastructure tested ideas and shaped practical recommendations for what still needs to be built.

Primary authorCheri Sugal
Chapter co-authorsSam Lampert, Benoît Clément, Matthew Brady, Tim Duehrkoop, Peter Mayer, James Kench, Anna Hickey, and Thomas Hou
Case studiesChris Canavan, Shi Min Tan, Greg Adams, Peter Mayer
Chapter reviewsSophie Whitehead, Erika Anderson, Natalia Dorfman, and Lynn Riley
Technical Review and ForewordSimon Puleston Jones
Research and coordinationConnor Nolan

Many others contributed by reviewing drafts, joining workshops, and sharing transactions and ideas. These lessons should not remain locked within individual organizations. They should become the foundation upon which the next generation of the market builds. Thank you to everyone who made this possible.