?? Don't miss the forest for the trees

Hi there,

It's no secret that our company likes trees. In fact, that's putting it mildly, Respira champions conservation and restoration by supporting the many forest-focused projects in our flagship portfolio. From Tanzania to Pakistan, we are proud to work with the world's best forest carbon project developers.?

This is why International Day of Forests is important to us. It's a chance to?celebrate the earth's natural carbon sink and recognise the efforts of all those working to conserve and restore these precious ecosystems. We are acknowledging this day with lots of forest content in this week's newsletter. We hope you enjoy.

Newsflash

• Let's start with some forest articles. TIME publishes an article and video by Dan Lambe, CEO of Arbor Day Foundation. He advocates for forests and building?further trust in the VCM.
• Julia Butterfly Hill once lived in a redwood tree for 738 days.?She was determined to save the 1,000-year-old tree from destruction. In case you missed it, here is her opinion piece in Ecosystem Marketplace .
• Reuters reports that the next two years will be critical if we are to end tropical deforestation.
• It's not Dickens, it's S&P Global . The capital market company releases 'A Tale of Two Carbon Markets'. Fortunately, the authors don't seem to have been paid by the word.
• We Mean Business Coalition publishes a new report on overcoming the barriers to accelerating corporate climate finance through carbon markets. Stay tuned for a summary soon.
• We like this one. Forbes shares three reasons why carbon credits are about more than the credit.
• The WRI considers whether biodiversity credits can provide a boost to global conservation.
• BusinessGreen shares news that London’s Lord Mayor is working to scale carbon markets.
• And finally, Bloomberg floats the idea of carbon swear jars to replace credits...

Don't miss this report

Forest500: A decade of deforestation data

Why now??In celebration of International Day of Forests, it seemed only right to remind ourselves of Global Canopy's latest Forest500 report.

Wait, what's this all about? To mark 10 years of the Forest500 report, Global Canopy used a decade of data on deforestation and corporate commitments to reveal some powerful trends.?

What's the main takeaway? Well, there are a lot but this report gives 10 great lessons from the past decade. It explains that ending deforestation will always require national-level input, however ambitious our corporate voluntary action is. Other lessons include the importance of transparent reporting; the power of public pressure and that rapid progress is possible.

What's the state of play for deforestation policies? Global Canopy finds that 40 percent of the companies and financial institutions most at risk of driving deforestation still haven’t set a single deforestation policy.

Can I have a reason to be cheerful, please? The number of Forest500 financial institutions with a deforestation policy has increased. In 2014 it was only 11 percent. Now, it's 45 percent.?

To conclude??Global Canopy is optimistic that this crisis is solvable – but not without sustained effort from the world’s companies and financial institutions.

News from the field

Carbon revenue supports women with Cocoba loans

One of our flagship portfolio projects, Ntakata Mountains, is supporting members of the local community with Cocoba loans. These loans help people to start conservation-aligned businesses. Salome Peter, a Cocoba women's group member said: "My business grew after getting a Cocoba loan. I am now able to employ two staff."

Somali Senator visits BURN

Abdirahman Mohamed visited BURN in Somalia. The Senator discussed scaling access to cookstoves across Somalia and saw BURN’s full range of clean cooking solutions across induction cookstoves, cookware, LPG stoves, and biomass appliances. The company is currently the only cookstove operator in the country.

Delta Blue Carbon helps Pakistan buck global mangrove loss trends

The World Economic Forum highlights how Pakistan is defying the global mangrove trend. Rather than declining, the country’s coastal forests are expanding – it holds the Guinness World Record for planting the most mangrove saplings in a single day (more than a million).

Respira's News

Accelerating Nature-based Solutions in Zambia

Ed Hewitt is interviewed at the Accelerating Nature-Based Solutions Conference in Zambia. Our Director of Natural Climate Solutions explains?verified emission reduction, measuring high quality in the VCM and discusses biodiversity credits. Watch the full interview here .

Dates for the diary

• On the 25th of March, City & Financial Global is hosting an event in London – Climate Change: Managing the Legal and Reputational Risks Summit.
• Reuters is organising Responsible Business USA 2024 in New York on the 26th of March.?
• Also in the US, you can attend CE-EM's Corporate Investments into Forestry and Biodiversity in Chicago on the 10th and 11th of April.
• And finally, a webinar. On the 11th of April, Global Compact Network UK is hosting Net Zero Business Transformation: The Case for Transformation. Click here to register.?

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Respira International is an impact-driven carbon finance business. Respira’s high-quality carbon credits allow corporations and financial institutions to mitigate their environmental impact. Respira channels private capital into climate solutions ensuring long-term relationships with trusted carbon project developers that enable its clients to use predominantly nature-based solutions to build sustainable, climate-positive businesses and portfolios. Respira’s team combines deep and varied experience working in global financial markets with a robust understanding of carbon project development in leading international conservation organisations. Respira operates with an innovative offtake and profit share model which reinvests back into local communities.?