Treeconomy is excited to announce that we have officially joined Kita’s Carbon Credit Supplier Pool! This partnership represents a significant step forward for the voluntary carbon market, combining Treeconomy's high-quality nature-based carbon removal credits with Kita’s innovative carbon insurance solutions to enhance market confidence and stability.

In the evolving voluntary carbon market (VCM), risk management is crucial for fostering growth and ensuring the delivery of high-quality carbon credits. Insurance, a common risk management tool in standardised markets such as commodities and bonds, is now making its mark in the carbon markets. By transferring risk to specialised third parties, insurance reduces barriers to entry and enables financing, allowing more participants to engage confidently in the VCM.

Kita, a leader in carbon insurance, has developed bespoke carbon insurance products that safeguard the quality and performance of carbon transactions.  These risks include unavoidable losses (like natural catastrophes), counterparty risks (such as fraud and negligence), and carbon-specific risks (like changes in carbon methodology). 

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 Treeconomy comes in. We are one of the several high-quality carbon credit suppliers providing Kita with best fit replacement carbon credits in the event of an insurance claim. Kita's Best Match Method helps determine suitable replacement credits, addressing the current challenge of a lack of carbon credit fungibility. This approach is part of a broader effort to develop frameworks and guidance that will evolve with best market practices, moving towards more widely accepted fungibility criteria.

At Treeconomy, we are dedicated to scaling high-quality nature-based carbon removal projects - to provide the highest-quality carbon removal credits. By leveraging precision remote sensing and AI systems, we quantify the exact carbon impact of restoration projects, building trust and transparency among investors and buyers. 

Our partnership with Kita is a testament to our commitment to innovation and collaboration in the VCM. As our CEO, Harry Grocott stated:

Partnerships like this underscore how various members of the VCM can collaborate creatively to foster market growth. This collaboration not only supports risk management but also enhances the credibility and reliability of the VCM.

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Are you a potential partner interested in collaborating with Treeconomy? Reach out to us via email at hello@treeconomy.co.