Registries pull trigger on insurance for CORSIA credits

Just over a year ago, Oka became the first insurance provider to cover credits under the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), the pioneering global mandatory offsetting initiative. As previously communicated, two crucial intermediate developments have accelerated insurance from optional to essential: First, governing body ICAO recognised dedicated insurance solutions (including ours) to safeguard credit validity and manage double-claiming risks; Second, leading carbon registries moved towards adopting private insurance as an issuance requirement.

While the compliance market’s regulatory pace has tested our patience at times, Oka’s early investment and deep engagement with the registries have positioned us as experts in a complex new market domain. Now, that work is coming to fruition. In July, leading registries Gold Standard and Verra announced specific insurance criteria for CORSIA credits, with Gold Standard and now Verra formally launching their final-stage approval processes via Howden.

Throughout 2025, Oka has seen a consistent rise in interest from developers preparing for this announcement, spurred by reports of soaring supply pressures and climbing price projections. With registry approvals now imminent, we look forward to serving this growing customer base and actively contributing to the scale-up of a climate-critical market.

Read more in CarbonPulse, where I recently shared insight on these developments.

Company news

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