Nature-based solutions

Respira International

48Mixed / Improving

London, United KingdomFounded 20190 followers

www.respira-international.com/

London-based impact carbon finance firm providing long-term upfront project finance to REDD+, reforestation, regenerative agriculture, and blue carbon developers globally.

Green Score

48/100
Mixed / Improving
Greenwashing risk
medium
Data confidence
low
Method
how it is calculated
Climate Impact & Solution35%58

Does the core business genuinely avoid or reduce emissions, or build climate resilience? Share of revenue that is actually 'green'. Fossil-dependent models score low.

The core business genuinely channels private capital into forest conservation, mangrove restoration, and reforestation at scale, but impact claims (~5 MtCO2e/yr) rely heavily on first-generation REDD+ methodology crediting that independent peer-reviewed synthesis finds overcredits by ~10x on average, materially undermining verified additionality.

Decarbonization & Targets20%22

Credible, science-based targets (SBTi), a real net-zero plan with progress to date, and CDP disclosure — not just a dated press release.

No evidence of SBTi-validated targets, CDP disclosure, or a published net-zero roadmap for Respira's own operational emissions was found; the company's public commitments focus entirely on portfolio impact claims rather than its own Scope 1-3 trajectory.

ESG & Operations15%55

Operational footprint, labour and social practices, and governance quality across the company's own operations and supply chain.

Respira demonstrates meaningful social co-benefits through projects such as Carbon Tanzania (USD 6.9M paid to local communities in 2023, women's microfinance loans, trained female game scouts), and publicly engages with FPIC and indigenous-community standards, but no independent ESG audit of Respira's own operations or supply-chain labour practices has been located.

Transparency & Verification15%38

Quality of disclosure, independent third-party verification, and how much hard data backs the company's claims.

Respira publishes a biweekly newsletter, press releases, and project-level narratives, and participated in a transparent public auction via CIX with a published demand curve, but there is no independently audited annual impact report, no quantified portfolio-level MRV disclosure, no CDP filing, and no third-party verification of its headline 5 MtCO2e/yr claim.

Integrity15%62

Controversies, litigation, pollution, fossil-fuel lobbying, conflict-zone involvement and governance scandals. Higher means cleaner.

No litigation, governance scandal, fossil-fuel links, or conflict-zone involvement was found specifically involving Respira; the primary integrity risk is inherited sector-wide — the REDD+ market's documented over-crediting and, in some third-party projects, land-tenure and FPIC violations — which Respira explicitly acknowledges and attempts to mitigate through due diligence and jurisdictional nesting.

Why it's on ClimateTicker

Respira International is a London-based carbon finance intermediary that provides upfront capital and long-term offtake agreements to REDD+, reforestation, blue carbon, and regenerative agriculture project developers globally, enabling conservation of over 1.75 million hectares and claiming ~5 million tCO2e avoided annually. Its climate rationale is genuine — mobilising private capital for nature-based solutions is a real gap — but the entire thesis sits on REDD+ credits, a methodology class plagued by widespread over-crediting documented at 10x+ ratios by multiple peer-reviewed studies. Investors should treat Respira as a bona fide climate enabler with meaningful sector-level risk stemming from VCM integrity concerns rather than any specific misconduct by Respira itself.

enablerRespira earns returns by purchasing long-term carbon credit offtake from project developers at forward prices and reselling those credits to corporate and institutional buyers, with a profit-sharing mechanism that passes upside to developers as market prices rise.

Commitments & Certifications

Controversy & Greenwashing Watch

mediumREDD+ sector-wide over-crediting risk

Peer-reviewed synthesis of 44 REDD+ projects found ~10.7x over-crediting on average due to inflated deforestation baselines; Respira's portfolio is heavily REDD+-exposed and no project-specific independent rating (BeZero, Sylvera) disclosures have been published by Respira.news.mongabay.com

lowICVCM CCP accreditation lag for nature-based solutions

Respira publicly acknowledged that ICVCM Core Carbon Principles accreditation for nature-based/REDD+ programmes had not yet been granted, meaning its portfolio credits cannot yet carry the emerging market-integrity label buyers increasingly demand.linkedin.com

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