Oka, The Carbon Insurance Company™ (Oka) Expands to Australia and Partners with Clima to Roll Out Insured Carbon Credits
PARK CITY, Utah and SYDNEY, May 9, 2024 /PRNewswire/ -- Marking the start of its global expansion, Oka, the leading US carbon-credit insurer, has entered a customer agreement with Australian carbon solutions platform Clima.
- Protected by Oka's Carbon Protect™ insurance solution, the premium credits will be made available to corporations through credit provider Clima and Australian insurance broker PSC Paragon.
- Clima connects companies globally with the largest range of carbon credits in Australia, as well as to high-integrity global projects.
- Through Oka, clients will now also gain exclusive access to some of the first insurance-protected credits in the country.
- 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.