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Kita
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.