Welcoming Kita's Insurance Expertise

The Open Carbon Protocol is proud to announce our partnership with Kita, a leader in carbon market insurance and risk management. The OCP is designed to bring quality to the market through layers of trust and transparency. Kita will bring a crucial perspective to the Open Carbon Protocol (OCP).

Kita is a specialized insurance provider offering tailored risk management solutions for the carbon market. Their expertise helps build confidence and stability in carbon credit transactions and projects.

What's coming to the OCP?

Buffer-as-a-Service

Kita will advise on buffer pool contributions for OCP methodologies, ensuring more robust risk management. With Kita’s guidance, the OCP’s buffer pool will be regularly assessed to mitigate risk and ensure its effectiveness and quality.

Platform Integration

Kita’s insurance services will be integrated into the OCP platform via API, providing participants with access to Kita’s services within the platform and Kita API access to the underlying data necessary to quickly understand the risk of each project.

The importance of the collaboration in the VCM

Thomas Annicq from oneshot.earth says,

"Our collaboration with Kita represents a significant leap forward in creating a more robust, transparent, and efficient voluntary carbon market. By combining oneshot.earth's innovative Open Carbon Protocol registry platform with Kita's risk management and insurance expertise, we're setting new standards for quality and trust in carbon credits."

Natalia Dorfman from Kita says,

“Our partnership with OCP represents a collaboration between two organisations with a commitment to increasing integrity and confidence across the carbon markets. Our deep understanding of risk management, together with OCPs independent, innovative registry model brings greater rigour and protection to carbon credit transactions. This, in turn, has the potential to drive significant investment towards high-quality carbon solutions, while safeguarding project stakeholders."

Together, we are paving the way for a more impactful voluntary carbon market. We’re excited to embark on this journey and invite you to join us in accelerating the transition to a Net Zero future.