Carbon insurer Oka has launched a green credit insurance product to accelerate capital flow into climate transition projects and sustainable finance. The new offering provides coverage for green bonds and other climate-related financial instruments, mitigating risks associated with investments in sustainable initiatives.
By offering this insurance, Oka aims to enhance investor confidence and attract more capital to projects focused on reducing carbon emissions and promoting environmental sustainability. The move aligns with the growing trend of integrating financial instruments with environmental objectives and supports the global transition to a low-carbon economy.