Respira and Palladium join forces to launch nature-based carbon credit funds

Respira Carbon 2 and Vivair will support high-quality carbon credits, providing corporates with a secure way to offset unavoidable emissions

1 October 2024, LONDON: Respira, an impact-driven carbon finance business, and Palladium, an expert in international development and nature-based solutions, have today announced they will be working together to deliver two new funds: Respira Carbon 2 and Vivair.

The collaboration will raise funds to support investment in secure, high quality nature-based carbon projects around the world, with the aim of setting a new benchmark for transparency, quality and impact monitoring in the voluntary carbon market.

Under this arrangement, Palladium will serve as an impact, ESG, and risk advisor to Respira without altering the existing fund structures.

Credits from the projects will be purchased by corporates to help facilitate their net zero transitions by compensating for their unavoidable emissions, while delivering the immediate environmental impact needed to fight the climate crisis.

The Respira Carbon 2 and Vivair funds are focussed exclusively on nature-based solutions – projects which restore, manage and protect forests, soils and wetlands.

These are projects that not only sequester carbon, but also enhance biodiversity, restore ecosystems, and support local communities—particularly in the Global South. By targeting nature based solutions, the funds address some of the most critical and underfunded areas in climate action.

While the credits from Respira Vivair are specifically aimed at corporate investors, Respira Carbon 2 is designed for financial investors seeking cash returns from the sale of these premium credits. This dual approach ensures that both financial and corporate stakeholders can participate in and benefit from the growing market for nature-based solutions.

With their combined expertise, Respira and Palladium will strengthen market capabilities, offering corporations secure and reliable options to compensate for their unavoidable emissions.

Ana Haurie, CEO of Respira, comments “At a time when the quality and integrity of carbon credits are under intense scrutiny, our collaboration with Palladium ensures that corporations can invest with confidence in projects that deliver tangible, verifiable environmental benefits. We are not just offering carbon credits; we are providing a pathway to meaningful climate action.”

As leaders in the impact space, Respira and Palladium continue to monitor the competitive landscape, drawing insights from peers and competitors who excel in integrating technological innovation and local partnerships into their carbon credit strategies. This proactive approach ensures that Respira and Palladium remain at the forefront of the evolving voluntary carbon market.

Andrew Sutherland, Head of Natural Capital at Palladium, comments: “We are creating a powerful force for positive change. This collaboration comes at a crucial time, as corporations increasingly seek trustworthy partners in the carbon credit space.”

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About Respira

Respira International is an impact-driven carbon finance business, operating with an innovative offtake and profit-share model that reinvests back into project stakeholders. Respira’s high-quality carbon credits enable corporations and financial institutions to mitigate their environmental impact. By channelling private capital into climate solutions, Respira fosters long-term relationships with trusted carbon project developers, allowing its clients to build sustainable, climate-positive businesses and portfolios. Respira’s team combines deep experience in global financial markets with a robust understanding of carbon project development, honed within leading international conservation organisations.

For more information, please visit http://respira-international.com

About Palladium

Climate change. Conflict. Inequality. Palladium has spent 60 years working with governments, businesses, investors, and communities to solve the world’s most pressing challenges. Our clients trust us to design and implement complex, large-scale programs in any environment, creating lasting impact where it’s needed most.

Palladium’s global network operates in over 90 countries. For more information, please visit www.thepalladiumgroup.com