This strategic move builds upon Kita’s existing coverage for buyers and investors domiciled in the UK, USA, Canada, Switzerland, Singapore, and the EU/EEA.

The expansion into Australia significantly enhances Kita’s presence in the Asia-Pacific (APAC) region, a market experiencing rapid growth in carbon market activity. This jurisdictional expansion aligns with Kita’s mission to reach global market participants and facilitate the scaling of carbon solutions.

Kita operates at the intersection of the insurance and carbon markets, offering a tailored suite of carbon insurance products and services designed to address the unique risks and opportunities within this evolving sector. By providing insurance coverage for carbon credit transactions, Kita acts as a crucial safeguard against adverse outcomes, simultaneously signaling quality and security to investors.

Kita’s Managing Director of Insurance, James Kench said: “Australia is a key and growing sector in the carbon markets and Kita is delighted to bring our innovative insurance solutions to the region.”