Next-generation geothermal technologies have fundamentally changed the risk profile of geothermal investment, and capital markets have not caught up - creating a bottleneck to scaling the geothermal industry. This new paper by the Mountain West Geothermal Consortium proposes a structure to help investors and policymakers understand and shift their risk frameworks and also provides examples of targeted, revenue-neutral public/private drilling insurance programs that can help accelerate that shift.