" class="no-js "lang="en-US"> Kita - Fintech Finance
Friday, March 29, 2024

About Kita

Kita’s vision is to be the world’s first carbon insurer, de-risking carbon removal solutions to accelerate their ability to scale. The climate crisis requires carbon removal solutions to remove carbon from the atmosphere. Many carbon removal solutions rely on revenue from selling carbon units on the voluntary carbon markets. However, these units lack tailored insurance products for their key risks, particularly under-delivery on pre-paid contracts. This gap contributes to an environment of uncertainty, holding back development, investment and the ability to scale these solutions at speed to achieve necessary climate impact. Kita removes this “carbon delivery risk” from sellers and buyers in the market, using parametric insurance products that guarantee the quality and delivery of carbon units and carbon removal solutions. The result? With Kita removing risk on both sides of the carbon transaction, carbon removal solutions can access greater flows of consistent capital to scale their impact faster. We are developing our products and obtaining our regulatory approvals now. Please get in touch for further discussions.

Related Story

PYREG and Kita announce MOU to structure carbon insurance for world's largest biochar carbon removal project pool

November 22 2023

PYREG, a German NetZero Tech company and market leader for high-tech biochar carbon removal and […]

Ex-Chaucer Head of Natural Resources, James Brown, joins Kita as Technical Underwriting Advisor

November 14 2023

Kita today announces the appointment of James Brown as their new Technical Underwriting Advisor. In […]

ERS and Kita sign Letter of Intent to operationalise innovative insurance for ERS’s carbon buffer pool

October 31 2023

ERS and Kita are delighted to announce the signing of a Letter of Intent (LOI) […]

OxCarbon and Kita sign Memorandum of Understanding to facilitate greater investment into climate impact projects

June 20 2023

OxCarbon and Kita are delighted to announce the signing of a Memorandum of Understanding (MOU) […]

Harnessing Market Growth in Carbon Removal: New Report Explores Solutions

March 31 2023

A new report by Ted Christie-Miller, Head of Carbon Removal at BeZero, Victoria Harvey, Research […]

Natalia Dorfman - Kita - Insurtech Insights Europe 2023

March 16 2023

At Insurtech Insights Europe, we were joined in the JobsOhio lounge by Natalia Dorfman, CEO […]

Kita hires Head of Insurance following oversubscribed £4m seed round

March 10 2023

Kita has hired experienced global (re)insurance & climate risk executive, James Kench, as Head of […]

Kita secures £4m seed investment to bring essential carbon insurance products to market

February 22 2023

Kita today announces a highly over-subscribed £4m seed funding round led by Octopus Ventures, alongside […]

Chaucer announces innovative new partnership with Kita

January 26 2023

Chaucer, the global specialty (re)insurance group, today announces a new partnership with carbon credit insurance […]

EXCLUSIVE: "Derisking Offsetting" - Natalia Dorfman, Kita in 'The Insurtech Magazine'

October 4 2022

With still so much uncertainty surrounding the trade in voluntary carbon credits, Natalia Dorfman, Co-founder […]

Kita, the world's first carbon insurer, raises £350k in pre-seed round

June 9 2022

Kita, the world’s first carbon insurer, has raised a heavily oversubscribed £350k pre-seed round led […]

Related People

Tom Merriman

Tom Merriman

James Brown

James Brown

Eilís O’Keefe

Eilís O’Keefe

James Kench

James Kench

Natalia Dorfman

Natalia Dorfman