Carbon finance specialist company Respira has joined forces with impact-focused organisation Palladium to launch two new funds aiming to accelerate climate action and improve the quality and monitoring of nature-based carbon projects. The Respira Carbon 2 fund looks to raise funds from corporates investing in the carbon projects, while the Respira Vivair fund targets financial investors seeking cash returns from the sale of carbon credits. Credits from the projects will be purchased by corporates to help facilitate their net zero transition by compensating for unavoidable emissions. The collaboration will raise funds to invest in global projects focused on nature-based solutions such as forest conservation, blue carbon, reforestation and sustainable land use – as well as provide capital to create and scale nature-based carbon removal and reduction projects. Palladium will serve as the funds’ impact, ESG and risk advisor. This will involve evaluating ESG factors to ensure that the projects the funds invest in meet high standards of sustainability and continue to deliver the promised benefits over time. “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,” said Ana Haurie, CEO of Respira.
