Kita

🏆 Kita team recognised at the Women in Green Business Awards 🏆 On a daily basis, we could not be prouder of our team here at Kita. And at last night's Women in Green Business Awards event, the skill, experience and passion represented in our workforce was celebrated by the wider industry. We are delighted to share that Eilís O’Keefe was the winner of the Rising Star of the Year (SME) category, recognised for her contribution to advancing carbon market developments, promoting deeper understanding of the sector through market education and thought leadership, and supporting women in the field via her involvement in Women In Carbon. Furthermore, Racheal Notto, was a finalist in two categories: Carbon Markets Professional of the Year and Mentor of the Year. And Natalia Dorfman was a finalist in the Entrepreneur of the Year category. Together with Renuka Shenoy, Mansi A. and Melanie Martin, the women who work at Kita showcase expertise and drive across underwriting, research, data science, legal and a host of other areas. It is so gratifying to have the work we do and the commitment we bring to the field recognised by experts and by our peers. #carboninsurance #carbonmarkets #WGBA BusinessGreen

➡ The open carbon protocol partners with Kita to elevate trust in carbon credit issuance New York Climate Week highlighted the need for greater collaboration and the pooling of expertise across the VCM in the service of swifter, more impactful progress. Kita's announcement with OCP directly reflects this need and represents a step in the direction of a more transparent, trustworthy and efficient carbon market. 📕 Read the full press release here: https://lnkd.in/dRsP7iFK #carboninsurance #carbonmarkets #vcm oneshot.earth

🗝 Unlocking sustainability as a strategic opportunity 🗝 Next week, James Kench, CFA, Kita's Head of Insurance, will be taking part in 'Accelerate Sustainability', presented by Better Insurance Network. The event seeks to explore the ways in which innovation in the insurance sector can support sustainability. James will be providing an overview of the carbon markets and highlighting the ways in which insurance can protect carbon credit transactions in order to catalyse investment. The event is sold out but there will be the opportunity for members of the network to access the recordings after the event. More details here: https://lnkd.in/eQi63vAZ #carboninsurance #carbonmarkets Antony Ireland

🍎 🌍 Kita is at NYCW! 🌎 🍎 Natalia Dorfman and James Kench, CFA are in New York this week to get involved in many of the dynamic, thought-provoking events that are taking place across the city. The overall agenda of NYCW offers an opportunity to engage with the innovative developments and ambitious technologies in the sector with a spirit of optimism and positivity. It is truly uplifting to be amongst so many people who are all equally devoted to doing something meaningful to address the impacts of climate change. Here's a quick look at just a few of the events where Kita will be highlighting how carbon insurance can help protect and scale carbon solutions: 🗓 MONDAY: James will be at Flowcarbon's CarbonSmart day, discussing the financial instruments that are financing the transition to a low-carbon economy. 🗓 TUESDAY: Join Natalia at IETA's North America Climate Summit. James is going to be at Puro.earth's CDR Summit, where the focus is on fostering collaboration, innovation, and investment in carbon removal technologies. 🗓 WEDNESDAY: At 'Accelerating Climate Action: Delivering High-Integrity Carbon Markets', hosted by The Integrity Council for the Voluntary Carbon Market (ICVCM), Global Carbon Market Utility and VCMI, Natalia and James will be amongst the high-level leaders outlining strategies to help scale the pace of climate action. 🗓 THURSDAY: James will be heading to the ICE day at the NYSE and, later, offering carbon insurance insights at the Carbon Newbie Summit, hosted by clever carbon, BeZero Carbon and CEEZER. We look forward to seeing lots of familiar faces and meeting some new contacts over the coming week! #carboninsurance #carbonmarkets #nycw

IETA recently released its Letter of Authorisation (LoA) Directory; an extremely useful tool for easily searching the LoAs that are available publicly and understanding how they are structured. This tool is an excellent resource for organisations to learn from the experiences of other market participants as they seek to craft their own LoAs.  At Kita, we will be using the directory to further bolster our LoA knowledge, while the market works to shape a preeminent LoA template. If you’re interested in Kita’s views on what needs to be in an LoA to make it insurable, or how it relates to our Carbon Political Risk Cover, please reach out. 🔍 Explore IETA's LoA directory here: https://lnkd.in/eBwW2Ykg 💡 Discover more about Kita's Carbon Political Risk Cover: https://lnkd.in/ejypcPqp

📣 Reduce *and* invest is a new strategic mantra for every business leader 📣 Kita is a signatory on this "Open Letter to Future Carbon Credit Buyers". The science shows that emission reduction alone is not enough to address the significant impacts of climate change. Corporates and individuals should continue to strive to reduce their emissions as much as possible, while simultaneously investing in carbon solutions that remove CO2 from the atmosphere. It is not an either/or equation. It is both/and. Now is the time for companies to take greater responsibility for the emissions they cannot reduce by purchasing and retiring high-quality carbon credits. Add your signature to the letter: https://lnkd.in/e5cQkyY4 #carbonmarkets #reduceandinvest #carboncredits ACR at Winrock International

Kita is delighted to announce that we have provided insurance for Marex's investment into Global Mangrove Trust's high-integrity mangrove project in North Sumatra. The project was launched under the OxCarbon Standard by Yagasu (Yayasan Gajah Sumatra) and The Global Mangrove Trust, with support from Marex. It focuses on the restoration and conservation of coastal mangrove ecosystems, with livelihood generation and social programmes integral to the conservation approach. Kumi Analytics Pte Ltd provides verification using satellites, AI and on-the-ground monitoring. This policy reflects the recent expansion of our Carbon Purchase Protection Cover to Mangroves (in addition to the existing policies we offer for Afforestation, Biochar and Enhanced Rock Weathering). We are committed to offering insurance products and services that provide an additional layer of security and a stamp of confidence for high-quality carbon solutions. Find out more in the press release: https://lnkd.in/ehe8F3bA Learn more about the potential of mangroves as an effective carbon solution in this blog post: https://lnkd.in/ehUNDzcs #carboninsurance #carbonmarkets #mangroves

"No other industry of a comparative scale operates without risk transfer" Last Thursday, we hosted a webinar which explored the risks (and potential solutions) in biochar project development. With attendees joining us from all corners of the globe and representing an array of different roles within the biochar sector, it was a topic that clearly resonates with many organisations and individuals. If you could not attend the live webinar, please do check out the recording below, in which Thomas Merriman of Kita and Melissa Leung of GECA Environnement, map out some of the risks and consider how these can be mitigated and managed to unlock the financing needed to scale biochar solutions. 📺 Watch here: https://lnkd.in/ejmiybma A big thank you also to Antoine Roba, for moderating the dicussion, and Racheal Notto, for taking care of the technical side of the event. For more insight to biochar, check out this blog, written by Kita's Renuka Shenoy: https://lnkd.in/eke9_V4c #carboninsurance #carbonmarkets #biochar

🍎 We’re heading to New York Climate Week 🍎 Natalia Dorfman and James Kench, CFA will both be at NYCW, hosted by Climate Group, engaging in a range of events focused on the carbon markets. We are excited to focus our discussions on how carbon insurance can be an enabler to help reduce risk and unlock finance to scale high quality carbon projects. We look forward to seeing many of you there in a few weeks, including: BSR Business Alliance to Scale Climate Solutions, WBCSD – World Business Council for Sustainable Development Forest Investor Club, Symbiosis Coalition; IETA; The Integrity Council for the Voluntary Carbon Market (ICVCM), VCMI, Global Carbon Market Utility, Rubicon Carbon, Space Intelligence, BeZero Carbon, Sylvera, Aon, Puro.earth, Flowcarbon, Carbon Removal Canada, Carbon Business Council, Natural Climate Solutions Alliance. Check out the full agenda here: https://lnkd.in/dEBDih7 #carboninsurance #carbonmarkets #riskmanagement

✳ Kita in the wild! ✳ Last week, Kita’s Eilís O’Keefe visited Aberystwyth University to participate in the Greenhouse Gas Removal Future Leaders Network Demonstrator Roadshow. As part of the second wave of the UK government’s Strategic Priorities Fund, UK Research and Innovation has invested £30 million to investigate the viability of five innovative methods of large-scale Greenhouse Gas Removal (GGR) in the UK - including enhanced rock weathering; sustainable treescapes; perennial biomass crops; peat formation; and biochar. The 3-day visit involved presentations from experts at the forefront of GGR research and implementation. The team also got to visit the demonstrator sites which were located nearby. This trip enabled Eilis to access cutting-edge research on a range of GGR projects and prompted insightful discussions around the challenges and opportunities associated with the practical implementation of these projects in the UK. A key takeaway from this trip was the importance of research into GGR and the need for continued cross-sector collaboration, to ensure the successful deployment of GGR in the UK at scale. At Kita, we love getting the chance to learn more about carbon solutions 'on the ground' and to witness firsthand the amount of expertise and rigour that is being applied to these technologies in order to affect the environmental outcomes that are so desperately needed. We look forward to incorporating the learnings from this trip and other collaborative work that we do into our product development in the insurance sector. We are committed to constantly iterating and refining our risk management products to best support the growth of GGR projects in the UK and globally. A big thank you to Aberystwyth University and CO₂RE - The Greenhouse Gas Removal Hub for hosting Eilis and the other members of the Future Leaders Network, and to Aaron Benjamin, Francesca Battersby and Ben Roberts for excellent facilitation throughout the trip! #carboninsurance #GGR #carbonmarkets