Oka, The Carbon Insurance Company™ (Oka) Expands to Australia and Partners with Clima to Roll Out Insured Carbon Credits

Key Facts

The premium credits come pre-wrapped in Oka's innovative insurance solution, minimizing the due-diligence burden on buyers while insulating them from post-issuance risks.1 PSC Paragon (Australia) is the insurance broker working with Oka and Clima to provide the insurance.
Oka and Clima are committed to providing businesses with a transparent, reliable, and seamless route to the voluntary carbon market (VCM), reducing their obstacles to climate progress.
Commenting on the partnership, Clima CEO Guy Dickinson said: "Clima is dedicated to making carbon markets more transparent, and so we're delighted to be first to the Australian market with Oka-insured carbon credits.
Carbon Insurance Agency, LLC has authority to enter into contracts of insurance on behalf of the Lloyd's underwriting members of Oka syndicate 1922 which is affiliated with Carbon Insurance Agency, LLC and managed by Asta Managing Agency, a managing agent at Lloyd's.