Non-Payment Insurance: Supporting Carbon & Climate Project Financing

This 1-hour complimentary webinar introduces Non-Payment Insurance (NPI)as a risk transfer solution increasingly used to support the financing ofcarbon, climate and sustainability-linked projects. Participants will explorehow non-payment risks arise in carbon markets, offtake arrangements andproject-based transactions, and how NPI can help protect cashflows, enhancecredit quality and improve project bankability. The session provides apractical, non-technical overview of how this form of insurance can complementexisting financial and risk mitigation structures in the transition to alow-carbon economy.

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Target Audience

• Insurers and reinsurers involved in specialty, credit or sustainability risks
• Insurance and reinsurance brokers
• Banks and financial institutions supporting climate, carbon or energy transition projects
• Carbon project developers and sustainability professionals
• Risk managers involved in project finance and structured transactions

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Webinar Topics 

• Brief recap of carbon credits & carbon market
• Non-payment risks in carbon, climate and sustainability-linked projects
• What Non-Payment Insurance is and its role in climate-related financing
• Typical climate and carbon use cases where NPI supports cashflow certainty
• How NPI enhances credit protection and project bankability

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Speaker

Mr. Alek Pillay

Head of Underwriting at Kita

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Alek Pillay is a Senior Underwriter at Kita, a company specializing in carbon insurance solutions. In this role, he focuses on developing insurance products that mitigate risks associated with carbon credit transactions, thereby supporting the growth of carbon removal projects.

Alek has also shared his expertise at industry events, such as the PLUS Webinar titled "Gross Written Carbon: The Role of Insurance to De-Risk the Carbon Markets," where he discussed the critical role of insurance in the carbon markets.

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