Kita expands carbon insurance coverage to Australia

The move boosts its presence in the region, it said.

Kita, a carbon insurance specialist, has expanded its footprint in Australia, adding to its existing coverage for buyers and investors domiciled in the UK, USA, Canada, Switzerland, Singapore, and the EU/EEA. 

The move marks a strategic step to strengthen Kita’s presence in the Asia-Pacific region.

"Australia is a key and growing sector in the carbon markets and Kita is delighted to bring our innovative insurance solutions to the region,” Kita’s managing director of Insurance, James Kench said in an announcement.