Respira – Carbon Credit Insurance

Respira International, a carbon finance business, partnered with insurance broker Howden and reinsurance investment manager Nephila Capital to launch the first voluntary carbon credit invalidation insurance product. The solution, incubated through the Insurance Task Force of the Sustainable Markets Initiative, provides cover against third-party negligence and fraud for books of independently verified, high-quality carbon credits. By wrapping insurance around diversified portfolios of nature-based carbon credits, including reforestation, forest conservation, soil carbon, and blue carbon projects, the product reduces risk for institutional buyers and corporate purchasers. This added layer of security is designed to increase confidence and integrity in the voluntary carbon market, enabling Respira to scale its climate solution projects and unlock new capital.