Spinnaker Capital, a London-based emerging markets investment management firm, has recently made a strategic investment in carbon finance company Respira International, alongside existing investor Capricorn Investment Group.
The move aligns with Spinnaker Capital’s commitment to environmental initiatives and capitalizes on a strategic market opportunity, according to a company statement published at the end of last year.
Notably, the investment facilitates Respira’s access to core emerging markets, including Brazil, where Spinnaker Capital has a physical presence.
It also provides additional funds to enhance new deal capacity, enabling the onboarding of large corporations and financial institutions.
By combining Spinnaker Capital’s financial acumen with Respira’s innovative carbon finance strategies, the partnership anticipates future synergies and expanded market opportunities.
Respira operates with an innovative offtake and profit-sharing model, reinvesting back into project stakeholders.
Through high-quality carbon credits, it enables corporations and financial institutions to mitigate their environmental impact.
The company directs private capital into climate solutions, fostering long-term relationships with trusted carbon project developers.
Spinnaker Capital’s founding principal, Alexis Habib, highlighted the environmental and community benefits of the projects, particularly in emerging markets.
Speaking about the voluntary carbon markets today, he said, “This investment allows us to apply our skills and experience to foster, and benefit from, the evolution of this market.”
In turn, Ana Haurie, Respira co-founder and CEO, emphasized the crucial role of scaling the carbon credit market in achieving the global net-zero ambition.
She anticipates that the investment from Spinnaker Capital will enable Respira to reach more corporate institutions with the influence and financial power to deploy rapid and scalable solutions, supporting broader efforts to decarbonize and combat climate change.