NON-DELIVERY RISK SUITE

Project Failure Insurance

Protection against irremediable project failure in the early stages of project development

Project Failure Insurance provides specific protection against contractural loss resulting from irremediable project failure, tailored towards pre-validation or early-stage carbon and natural capital projects.

Why buy Project Failure Insurance?

Protect early-stage capital

Transfer the risk of irremediable project failure away from early-stage financiers and developers to a rated insurance balance sheet.

Build market confidence

Commercial-grade financial due diligence through the underwriting process.

Enable earlier participation

Gives stakeholders greater confidence to engage with and finance projects prior to validation.

Support continuity of cover

May transition to Non-Delivery Insurance once the project is validated.

How the policy impacts the project?

Financial

Protection for up to 100% of value at risk, subject to policy terms.

Operational

Unlock capital at an earlier stage, enabling greater investment in project design and implementation.

Strategic

Earlier access to high-quality carbon and natural capital opportunities.

COMPETITIVE DIFFERENTIATORS

  • Supports early-stage project finance

  • Adapts to different contract types, including those without fixed delivery schedules

  • Available across all project types

  • Claims payable in cash or carbon

  • Available for individual projects or portfolios

KEY USE CASES

  • Greater confidence in and protection of early-stage project finance.

  • Adaptability across different types of sales contracts

Want to explore how Kita’s Non-Permanence Risk Insurance can benefit your project in its critical early stages?