Kita

▶ On Tuesday 16th July, join Natalia Dorfman, CEO and Co-founder of Kita and Oli Torfason, COO of International Carbon Registry for a fireside chat and interactive discussion about the way in which insurance providers and registries can collaborate in innovative ways to increase integrity across the VCM. 🔎 Natalia and Oli will explore: 1️⃣ the synergy between insurance mechanisms and registry standards; 2️⃣ the ways in which insurance safeguards investments and enhances market efficiency; 3️⃣ the specific risks that insurance companies assess and protect against, and how insurance offers greater security to market stakeholders; and 4️⃣ how the Kita and International Carbon Registry are working together to bring benefit to VCM stakeholders. 📢 And we want to hear from you! The session will offer ample time to address your questions and comments about the sector. Feel free to post them below or bring them to the webinar on the 16th. 📝 Register here: https://lnkd.in/ev8BGjCE #carboninsurance #carbonmarkets #riskmanagement

Next Wednesday, Kita's Head of Insurance, James Kench, CFA, will be speaking at a webinar that Kita is co-hosting with International Biochar Initiative. What types of financing arrangements are needed to scale the biochar market? Join us for a panel and interactive discussion about what’s available now and where the industry is heading. Speakers: James Kench, Head of Insurance, Kita Hannah Calloway, Education Manager, IBI Jan Cihlar, VP Climate Finance, Pyreg GmbH Jason E. Dodier, Co-Founder, Grain Ecosystem Will Higbee, Head of Project Finance, Flowcarbon 📝 Register now: https://lnkd.in/e2h_GBsB #carboninsurance #biochar #carbonmarkets

We are delighted to welcome two new interns to the team today! They will be with us throughout the summer, providing support across a range of essential functions. Please join us in welcoming Kornkamol S. who is joining the data science team to help work on building data processing pipelines for multimodal VCM data, and Gabriella Leuthner who will be working with the underwriting and partnership teams to help clients understand and transfer the risk in their carbon investments and purchases. Many of our past interns have become invaluable members of our staff and we never fail to be blown away by the drive, intelligence and commitment of the people who come to work with us at an early stage in their climate career. It bodes well for the future. #carboninsurance #climatecareer #carbonmarkets

💡 "We wouldn’t insure a carbon project that we don’t think is a quality carbon project" 💡 It was such a pleasure speaking to Rich Stockdale PhD of Oxygen Conservation for the latest episode of the Shoot Room Sessions. The conversation was insightful, nuanced and optimistic. Kita's CEO and Co-founder, Natalia Dorfman, outlined the story of how Kita was established (spoiler: a recognition that insurance was completely missing in all the discussions around how to develop carbon solutions), the values that drive the work we do, the way we structure the products and services we offer, our place within the insurance ecosystem, the need for greater engagement and collaboration across risk stakeholders, and a whole raft of other points. The clip below offers a teaser but it's worth checking out the whole episode. Watch it here: https://lnkd.in/eUvDjSCu #carboninsurance #carbonmarkets #riskmanagement

❓ How can we bring greater integrity to the VCM❓ It's an ongoing, deeply-complicated, ever-evolving question. We don't claim to have all the answers but at Kita we are seeking to develop products and services that bring about integrity, trust and confidence in the market. We believe that this has the potential to drive investment and, in turn, to scale-up growth in high-quality carbon solutions. Together with International Carbon Registry, we have co-authored an in-depth blog which provides insight to: - How GHG programmes and insurance (alongside other ‘risk stakeholders') work together to provide rigorous scrutiny and frameworks by which quality projects can be assessed and monitored over time - The specific risks that insurance companies assess and protect against, and how insurance can offer greater security to market stakeholders - How the collaboration between Kita and International Carbon Registry brings benefit to VCM stakeholders - What can be done to encourage greater deployment of insurance policies across the VCM Read the full blog, authored by Oli Torfason of ICR and Natalia Dorfman of Kita, here: https://lnkd.in/e62C3j3s On 16th July, we will also be hosting a webinar that delves into how insurance bolsters the integrity and credibility of carbon credits. Register to join here: https://lnkd.in/ev8BGjCE Find out more about our recent announcement with ICR about risk management for buffers: https://lnkd.in/ewiUezbn #carboninsurance #carbonmarkets #vcm Alondra Silva Muñoz Gudmundur Sigbergsson

During the summer, Kita's headcount will be increasing with the arrival of three fantastic interns! This week, we are delighted to welcome Josselin STONE, our new Legal Intern, to the team! As a Sciences Po x UCL dual degree law student with prior experience in environmental law organisations, Josselin will be instrumental in supporting Kita's legal team as we continue to innovate in the carbon insurance space. Welcome aboard, Josselin! Stay tuned next week as we introduce our other two summer interns. #carboninsurance

The Kita team are going to be out and about over the next five days, taking advantage of many of the fascinating and insightful events taking place across London Climate Action Week. Here's an overview of just a few of the sessions that we will be attending: 1️⃣ Tues 25th June, 8.30am: Women In Carbon Breakfast at Goals House. Melanie Martin and Eilís O’Keefe (two of the founding members of Women in Carbon) will be there! 2️⃣ Tues 25th June, 4.00pm: Kita event with Natural Climate Solutions Alliance: "Project Financing and Insurance for the Carbon Markets" - most of the Kita team will be in attendance! 3️⃣ Weds 26th June, 8.00am: catch up with Natalia Dorfman at "Unlocking Net Zero: The Role of Carbon Dioxide Removals", hosted by NextGen CDR and UBS. 4️⃣ Weds 26th June, 11.00am: Paul Young is attending "Fostering and leveraging carbon portfolios: best practices and new insights", hosted by NCSA and South Pole. 5️⃣ Weds 26th June, 2.30pm: Rethinking Removals are holding a workshop entitled "How to use carbon removals – from offsetting to insetting and beyond" - Renuka Shenoy Kotachery and Eilis will be participating. 6️⃣ Weds 26th June, pm: Thomas Merriman will be at The Conduit for Barclays' "Scaling nature and technology financing for adaptation". 7️⃣ Thurs 27th June, 6.30pm: "A Climate Evening at Lloyd's of London"; Tom will be speaking as part of this event and James Kench, CFA will be there too. What have we missed? Will we see you at any of these events? Let us know in the comments! #carboninsurance #carbonmarkets #lcaw

Next Tuesday, as part of London Climate Action Week, Kita will be co-hosting an event with Natural Climate Solutions Alliance, exploring the mechanisms available to carbon market participants to facilitate and de-risk project financing of natural climate solutions. We are looking forward to hearing from representatives from insurance, banking, legal and investing, discussing the challenges and opportunities in the sector. The event will seek to answer a range of questions: ▶ Why we need investment in nature-based solutions and what types of project financing options are available within the VCM? ▶ What are the real versus perceived risks of project financing in this sector? ▶ What are the current blockers to enabling commercial and carbon finance options to enter the carbon markets at scale? ▶ What are some of the practical ways that we can unlock investment into high-quality nature-based carbon solutions? We're looking forward to hearing from our panelists: Anna Hickey, Partner, Philip Lee LLP Meghan Edge, Head of Carbon Investments, Ripple Natalia Dorfman, CEO and Co-Founder, Kita Jean-Luc Tauleigne, Head of Commodity Merchants Coverage, Natixis Corporate & Investment Banking The panel will be moderated by Jennicca Gordon, Senior Associate, Natural Climate Solutions Alliance The event is currently oversubscribed, but please let us know if you would like to join the waiting list: events@kita.earth #carboninsurance #naturebasedsolutions #carbonmarkets

💫 Kita and Wilder Carbon announce world first “Buffer Insurance” policy for Wilder Carbon’s buffer pool 💫 The last few weeks have seen us sharing some key developments for Kita. We are thrilled to add another significant announcement, with the launch of our new product, Buffer Depletion Protection Cover. This insurance policy will protect the integrity of Wilder Carbon’s buffer pool against depletion events, for example in the instance of unexpected levels of reversal in the underlying carbon projects. The provision of Buffer Depletion Protection Cover aims to increase confidence and integrity for Wilder Carbon’s stakeholders by providing a credit-worthy safeguard against loss and a complement to Wilder Carbon’s existing strong risk mitigation tools. Capacity for this policy is provided by specialist (re)insurer, Chaucer Group. We strongly believe that insurance represents the next evolution of buffer pools; providing increased resilience against reversal and default and acting as a signal of confidence for market participants.  ➡ Find out more in our press release: https://lnkd.in/eA_MgR_Y ➡ Learn more about the integration of buffer pools and insurance in our in-depth report: https://lnkd.in/eGtSmy5x #carboninsurance #bufferpools #riskmanagement

Kita CPO and co-founder, Thomas Merriman, will be at Global Trade Review (GTR)'s GTR UK 24 event next Thursday. Tom is taking part in a panel discussion alongside Charlie Pool of Howden and Sebastien Cross of BeZero Carbon. They will be considering the potential for growth in the carbon markets and examining the opportunities in the sector from both an economical and an environmental perspective. The discussion will also highlight the ways in which insurance and ratings can reduce risk in carbon credit transactions and offer financial benefits. Find out more: https://lnkd.in/dApy8EUE #carboninsurance #carbonmarkets #riskmanagement