Sobering effects of greenhouse gases (GHG), and emissions have made C02 mitigation a national and international priority.

An increasingly preferred solution to curbing C02 emissions is carbon capture and sequestration (CCS) – a process of capturing C02 during energy
production and sequestering it in underground reservoirs. At the forefront of changes impacting the energy industry’s risk environment, Marsh is
positioned to manage our clients’ CCS risks as comprehensively and efficiently as possible.

Risk management for CCS project development

Marsh has an established service framework to assist our clients in the appropriate evaluation, retention and transfer of risk throughout the
life cycle of their CCS operation. Our project risk management process takesthe following steps to create a risk management program that optimally
addresses all risk exposures:

1. Contractual risk review of the chain of CCS activity

2. Risk mapping major risk exposures and proposing a clear risk mitigation and transfer plan

3. Detailed risk assessments tailored to meet government bodies’, environmental regulatory officials’ and finance and insurance markets’ requirements

4. Implementation of a comprehensive project insurance risk management program