Strengthening Carbon Markets: Carbon Capture Scotland Joins Forces with Kita’s Carbon Credit Supplier Pool

Carbon Capture Scotland is happy to announce we have officially joined Kita’s Carbon Credit Supplier Pool! Kita is the carbon insurance specialist, developing bespoke carbon insurance products that safeguard the quality and performance of carbon transactions.

Eligible claims made on Kita’s carbon insurance policies can be paid out in cash or carbon credits. When claims are paid in carbon credits, that’s where Carbon Capture Scotland comes in. We are one of several high-quality carbon credit suppliers providing Kita with best fit replacement carbon credits in the event of an insurance claim.

This collaborative engagement underscores how various members of the voluntary carbon market can work together in creative ways to further grow the VCM.

Kita is all about reducing risk. Carbon insurance channels investment towards high-quality carbon projects, enabling them to scale at the pace needed to address the climate crisis. Kita is a coverholder at Lloyd’s of London, the world’s specialist insurance and reinsurance market, underwritten by Chaucer Group, Munich Re and Renaissance Re. Kita has been twice-nominated for the Earthshot Prize.