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Paul Young Email
Chief Technology Officer and Co-Founder . Kita
London, London
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Employees:
113Revenue:
$24.9MAbout
Kita's vision is to be the carbon insurer for the climate crisis, 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 forward 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 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. Kita Earth Limited is an appointed representative of Gateway Platform Services Limited for Insurance Distribution activities. Gateway Platform Service Limited is authorised and regulated by the Financial Conduct Authority (No. 790558). You can check this by visiting the Financial Services Register at www.fca.org.uk/register.Kita Address
5 Moor StreetLondon, London