Ownership and Rights
Clarifying legal title to carbon credits as foundational asset infrastructure.
Coming in December 2026
The Future of Carbon Finance Building the legal and financial infrastructure for institutional capital.
Coming in December 2026New 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.
Pre-Sale Digital Edition
Pre-order now and save $50
Pre-order The Future of Carbon Finance: Building the Legal and Financial Infrastructure for Institutional Capital 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
Inside the book
Six pillars for scaling high-integrity carbon finance
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
SPVs and governance models that align incentives across stakeholders.
Acknowledgements
A book built by the market itself
The Future of Carbon Finance grew out of a blueprint for the financial, legal, contractual and institutional infrastructure needed to finance nature-based carbon projects at scale — and it is a deeply collaborative effort. Practitioners across carbon markets, conservation, finance, law, insurance, project development and market infrastructure brought their experience to test the ideas, identify what is working and what is not, and shape practical recommendations for what still needs to be built.
Chapter co-authors contributed specialist expertise chapter by chapter: Sam Lampert (capital stacks), Benoît Clément (legal title and insurance), Peter Mayer (bankable revenue contracts), Matthew Brady and Tim Duehrkoop (investment-readiness due diligence), James Kench (insurance and risk transfer), and Anna Hickey and Thomas Hou (SPVs, governance and institutional structures). Case studies from Chris Canavan and Shi Min Tan (GCMU carbon title infrastructure), Greg Adams (Chestnut Carbon) and Peter Mayer (OSCAR-N), and chapter reviews from Sophie Whitehead, Erika Anderson, Natalia Dorfman and Lynn Riley.
A particular thank you goes to Simon Puleston Jones of SyndicatedCarbon, who undertook a technical review of the complete manuscript, and to Connor Nolan of Stanford University for research and coordination throughout the process.
Many others contributed in ways that are harder to capture in a list — reviewing drafts, joining workshops, sharing transactions and examples, and challenging ideas. The lessons of those conversations, and of years of financing conservation and carbon projects, should not remain locked within individual organizations: they should become the knowledge and infrastructure upon which the next generation of the market can build. To everyone who shared that knowledge and helped make this book possible — thank you.