Report Launch: The second edition of Gross Written Carbon is now live!
In 2024, Kita wrote Gross Written Carbon, the inaugural report on the carbon insurance industry. We are now proud to launch our 2nd Gross Written Carbon report. Since 2024, much has changed, making the 2026 version an important update.
So what is different between 2024 and now?
The carbon markets have evolved. Structural shifts reshaping carbon markets include the convergence of voluntary and compliance markets; the rise of more sophisticated deal structures; and an increasing focus on new mechanisms to manage permanence and long-term risk.
Carbon insurance has become embedded. In 2024, insurance was on the periphery of the carbon markets. As we launch the 2026 version, insurance is an increasingly integral component of market infrastructure.
By enabling risk transfer, improving confidence, and supporting more robust project design, insurance plays a critical role in unlocking capital and facilitating market participation at scale. The rising prominence of permanence as a core requirement further reinforces this role, positioning insurance as a key enabler of long-term credibility.
At this pivotal juncture for the markets, we hope the second edition of Gross Written Carbon, will provide useful insights into key themes shaping carbon markets, including:
The convergence of voluntary and compliance markets
The evolving risk landscape of carbon markets
The role of insurance as an enabler in carbon market transactions
The key drivers of demand for carbon insurance
The size of the carbon insurance market
The broader ecosystem of market enablers
Kita’s CEO and Co-Founder, Natalia Dorfman, said:
“As carbon markets evolve, major developments such as the convergence of voluntary and compliance markets through mechanisms like CORSIA and PACM, the emergence of more sophisticated transaction structures such as project finance, and an increasing focus on permanence are making the risk landscape more complex.
In this context, insurance is moving beyond a secondary consideration to becoming a fundamental component of market infrastructure, serving as a robust tool for managing risk.
From the business case for engaging with carbon markets to the drivers of demand for carbon insurance and the sheer scale of the opportunity, Gross Written Carbon is designed as a guide for stakeholders seeking to navigate the increasingly complex carbon insurance ecosystem.”
Explore the full insights in our report. Press the button below to download your very own copy!
