Terraspect
Financial infrastructure powering global climate mitigation.
- 1-20 employees
- Fintech
- B2B
- SaaS
- Environmental
- London, UK
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Company mission
To move trillions in climate finance to communities delivering the biggest climate impact.
Our take
The climate finance infrastructure sector sits within the rapidly expanding voluntary carbon market, projected to grow from $479 billion in 2023 to $4.73 trillion by 2030. This growth has, however, exposed a critical gap: Indigenous peoples and local communities manage over 50% of the world's land and hold 24% of tropical forest carbon, yet less than 1% of climate development aid directly reaches them.
Terraspect addresses this challenge by providing transparent payment distribution systems for nature-based carbon projects. The company's platform tackles community compensation, which is not only a social imperative but a business necessity, as community engagement directly impacts carbon projects.
While traditional financial providers serve this space, few focus specifically on remote community-based carbon payments across the Global South. As regulatory bodies introduce stricter community compensation disclosure requirements, Terraspect is poised to become essential infrastructure for scaling high-quality, nature-based carbon projects
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Deliveroo if your working late
- Team off-sites in nature (our last trip was in the peruvian amazon)
- Budget to build your own work station
- Pension
- Weekly sports and regular social events
- Wellness budget
- Pet friendly!
- Health insurance, cycle to work scheme
Leadership
Raj Pattni
(Co-Founder & CEO)Before founding Terraspect, Raj was the US Head of Product for PrimaryBid, a Consultant at Project Concern and Booz & Company and was an Investment Analyst at Macquarie Group.
Wilhelm Zhao
(Co-Founder & CTO)Before founding Terraspect, he was a Product Owner at Revolut, Technology Analyst at Goldman Sachs and a Data Analyst for the Bank of England.