Area characterisation:
Terrestrial
Objective:
Insure carbon credit delivery and integrity
Financing:
Private
Potential impacts/benefits:
- Comprehensive risk cover across carbon credit transaction lifecycle
- Increases carbon market integrity and transparency
- Supports high-quality carbon removal and nature restoration at scale
Actions:
Provides carbon-market insurance (non-delivery, counterparty, buffer depletion, political risk) and risk-advisory services such as Buffer and Portfolio as a Service to support high-integrity carbon removal.
Organisations:
Kita Earth, Lloyds of London
Contacts:
Case study referred by NATURANCE. For more information, please contact: info@naturance.eu.
Kita is a Lloyd's Coverholder providing insurance and risk advisory services for carbon and natural capital markets. The company offers products addressing key risks in carbon credit transactions: Non-Delivery Insurance for credits not delivered as forecast, Counterparty Insurance for parties failing to fulfil obligations, Buffer Depletion Insurance protecting Carbon Standards' buffers against reversal events, and Political Risk Insurance covering host country regulatory changes and CORSIA-related risks. Kita also provides risk advisory services including Buffer as a Service for Carbon Standard buffer management, Risk Assessment/Monitoring, and Portfolio as a Service for comprehensive carbon portfolio risk mitigation. The company's approach aims to increase standards of delivery, transparency and investment in high-integrity carbon removal and nature restoration solutions.
Sustainable Development Goals:
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13. Climate action
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17. Partnerships for the goals