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Kelp Cover operates as a decentralized blue bank providing essential financial tools, including micro loans and parametric insurance, specifically for seaweed and shellfish farmers. This platform simplifies access to capital for coastal producers facing environmental challenges like storms and heatwaves. Simultaneously, it offers banks, insurers, and impact investors a straightforward mechanism to support coastal resilience and the expanding ocean economy.
Updated 2 months ago
Funding
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Product
Features
- Kelp Cover operates as a decentralized blue bank providing essential financial tools, including micro loans and parametric insurance, specifically for seaweed and shellfish farmers. This platform simplifies access to capital for coastal producers facing environmental challenges like storms and heatwaves. Simultaneously, it offers banks, insurers, and impact investors a straightforward mechanism to support coastal resilience and the expanding ocean economy.