How Insuring Carbon Lowers the Cost of Capital
James Kench, Head of Insurance at KitaJames Kench is Head of Insurance at Kita, the company that insures carbon. He is a global finance, (re)insurance & climate risk executive with a career spanning Europe, Asia & the Americas. Carbon insurance provided by Kita unlocks financing and de-risks projects in the carbon markets, a source of investment opportunity and potential liability when not insured. Carbon insurance contracts issued by Kita are backed by leading re-insurance companies like Lloyd’s of London. They swap the uncertainty of future losses with the certainty of insurance premiums to insure transfer of contracts, unsustainable business models and the cost of doing business. Carbon insurance can cover risk assessment, management and risk taking and James joins me today to discuss how Kita improves financing and lowers the cost of capital in the carbon markets.