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Why Financial Institutions Should Measure Their Carbon Footprint and How AlphaMundi and Bankamoda Are Leading the Way

Why Financial Institutions Should Measure Their Carbon Footprint?

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When discussing how to tackle climate change risks, the role of financial institutions is more important than ever. Banks, funds, and investors have the power to support the transition to a low-carbon economy. But to do that effectively, they need to start by asking a key question: What is the carbon footprint of their portfolio? Measuring the carbon emissions linked to loans and investments is one of the most pragmatic and powerful steps a financial institution can take. It’s about more than just sustainability reports or meeting regulations — it’s about knowing where they stand so they can make better decisions, reduce risks, and unlock new opportunities for financing. In this post, I’d like to explore why measuring and certifying the carbon footprint of investment portfolios matters and how the Green Initiative is helping financial institutions turn climate ambition into climate action. Let’s take a closer look, including a real example of how two financial organizations — AlphaMundi Group, a Swiss impact investment manager, and Bankamoda, a Colombian fintech for the fashion industry — are putting this into practice. Why Portfolio Emissions Matter? While a lot of money is being directed toward climate solutions (technology or nature-based), much of it isn’t reaching the businesses that need it most — especially small and medium-sized enterprises (SMEs). In Latin America and the Caribbean, for example, local commercial and development banks receive millions in mitigation finance but deploy less than 30% to the SMEs that are actually driving the transition. One major reason for this underperformance is that many financial institutions lack accurate data on the carbon emissions of the companies they engage with. That makes it difficult to identify climate risks, target high-impact investment opportunities, or access funding from climate-focused investors. The Benefits of Measuring Portfolio Emissions Here’s what happens when a financial institution starts tracking the carbon footprint of its portfolio: 1. Better Risk Management Knowing your portfolio’s carbon footprint helps you avoid investments that could become risky or obsolete in a low-carbon economy.Carbon-intensive investments carry serious financial risks due to regulatory pressure, stranded assets, and reputational damage. Knowing your emissions is the first step to managing them. 2. Easier Access to Climate Finance Funders — from multilateral banks to private investors — increasingly look for partners who can demonstrate climate impact. Financial institutions that consistently measure and report carbon emissions are better positioned to attract ESG and impact investors, and unlock opportunities such as green bonds and blended finance solutions. 3. Stronger Market Position Once financial institutions and their investees understand where carbon emissions are coming from, they can meaningfully engage in decarbonization. This insight enables the development of climate-smart financial products — such as green loans — and supports clients in reducing their own carbon footprints.The result? Financial institutions can deploy more climate mitigation finance, while companies gain competitive advantages through access to high-value, climate-linked solutions. Regulatory Change Is Coming — And So Is Opportunity With new climate-related trade regulations emerging — such as the EU’s Carbon Border Adjustment Mechanism (CBAM) and the Deforestation-Free Products Regulation (EUDR) — understanding and managing carbon emissions will become a core competency for any organization, including financial institutions. Helping clients adapt and integrate carbon footprint management into their business models is a crucial role for financial institutions — and likely one of the most important paths to unlock new revenue streams and resource mobilization. AlphaMundi’s Commitment to Climate-Smart Investing AlphaMundi Group— under the leadership of Tim Radjy— supports businesses that generate measurable social and environmental impact across Latin America and Sub-Saharan Africa. Recognizing the intrinsic connection between poverty alleviation, social wellbeing, and climate risks, AlphaMundi is progressively integrating decarbonization metrics into its investment fund goals. These new capacities will help AlphaMundi demonstrate its leadership in carbon mitigation, as well as its ability to identify and deploy climate finance opportunities. To make this happen, AlphaMundi partnered with the Green Initiative to decarbonize its portfolio, measure client emissions, set reduction targets, and facilitate access to climate finance. Bankamoda: A Case Study in Climate and Inclusion One of the companies benefiting from this approach is Bankamoda, a Colombian fintech led by entrepreneur María del Mar Palau. Bankamoda provides financial services to micro, small, and medium-sized businesses in Colombia’s fashion industry — a sector that is both economically vital and traditionally underserved by mainstream finance. With the support of AlphaMundi and guidance from the Green Initiative, Bankamoda has: How Green Initiative Makes It Simple This is where the Green Initiative comes in. With years of experience supporting organizations worldwide, it has developed a step-by-step framework to help financial institutions integrate climate action into core operations: The Time to Act is Now For financial institutions, measuring portfolio carbon emissions is more than a technical task — it’s a strategic move. By taking action, they can lead the shift toward a climate-smart economy, reduce risks, attract new funding, and fulfill their role as key agents of change. The partnership between AlphaMundi and Bankamoda shows what’s possible when financial institutions embrace climate finance as an emerging and fast-growing opportunity with tangible benefits for long-term prosperity and competitiveness. The sooner your institution begins this journey — turning climate ambition into climate action — the greater your role in catalyzing mitigation finance and decarbonizing the economy. With the support of the Green Initiative, your institution can begin measuring the carbon emissions of its investment portfolio today — pragmatically, effectively, and with a vision for a greener future. 💡 Ready to take the next step? Reach out to Green Initiative and start building a greener, more resilient portfolio today. This article was written by Tatiana Otaviano from the Green Initiative Team. Related Articles

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WorldXchange Renews Its Climate Positive Commitment and Takes a Step Further with LATA Responsible Tourism Awards Application

WorldXchange Renews Its Climate Positive Commitment and Takes a Step Further with LATA Responsible Tourism Awards Application

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At Green Initiative, we proudly celebrate the ongoing climate leadership of our partner: WorldXchange. In 2025, WorldXchange not only renewed its Climate Positive Certification — maintaining its role as the first and only currency exchange company in the world with this distinction — but also took a bold step forward by submitting its application for the prestigious LATA Responsible Tourism Awards 2025 in the Nature-Positive Tourism category. This recognition is a testament to the company’s deep-rooted vision: tourism and finance can, and must, be forces for positive change. Elevating Tourism’s Second Face: From Currency Exchange to Environmental Stewardship WorldXchange operates in Peru’s major tourist corridors, with offices in Lima, Cusco, and Arequipa — cities that are gateways to some of the most biodiverse and culturally rich regions of Latin America. Although primarily a financial service provider, WorldXchange understood early on that its strategic position within airports — the “first and last impression” of many visitors — placed it at the heart of the tourism value chain. In partnership with Green Initiative, WorldXchange adopted a robust Measure-Reduce-Offset (MRV) strategy, achieving verified emissions reductions, supporting reforestation projects in the Amazon region of Madre de Dios, and engaging over 250,000 travelers annually in education efforts about climate, biodiversity, and regenerative tourism practices. Beyond internal transformation, WorldXchange’s leadership helped catalyze broader change: after its carbon-neutral and Climate Positive achievements, Lima Airport updated its concession contracts to require environmental accountability from all vendors — a ripple effect that now influences one of Latin America’s busiest airports. A New Milestone: LATA Responsible Tourism Awards Application This year, WorldXchange has taken another major step by submitting its candidacy for the LATA Responsible Tourism Awards under the Nature-Positive Tourism category. Their application highlights several key achievements: WorldXchange’s story perfectly exemplifies how companies traditionally outside the “green tourism” space can fully embrace regenerative practices — and even lead sectoral transformation. Looking Ahead: Sustaining and Expanding Climate Leadership As WorldXchange continues its journey, the company remains committed to deepening its climate and nature-positive impact. In 2025, it is finalizing its latest carbon footprint assessment and preparing new targets to further lower its emissions and environmental footprint per traveler served. At Green Initiative, we are proud to stand beside WorldXchange as it redefines the role of financial service providers in sustainable tourism. Their achievements are a clear reminder that climate-positive leadership can — and must — be integrated across every link of the tourism value chain. Congratulations to the entire WorldXchange team for their renewed certification, their bold steps forward, and their unwavering commitment to a more sustainable future! This article was written by Ella Baehringer from the Green Initiative team Related reading

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Bonito Carbono Neutro Wins Prestigious FIDI 2025 Environmental Sustainability Award

Bonito Carbono Neutro Wins Prestigious FIDI 2025 Environmental Sustainability Award

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A Historic Victory for Sustainable and Smart Tourism in Brazil and Mato Grosso do Sul Mato Grosso do Sul has once again demonstrated its leadership in sustainable and smart tourism by securing three major awards at the International Smart Destinations Fair (FIDI) 2025. These achievements highlight the state’s dedication to innovation, governance, and environmental responsibility, further solidifying its reputation as a global leader in sustainable tourism practices. The Awards That Define Excellence During FIDI 2025, Mato Grosso do Sul received recognition in three key categories: These accolades confirm that Mato Grosso do Sul is at the forefront of global smart tourism innovation, combining sustainability with technology to enhance visitor experiences while preserving its natural wonders. Bonito, a world-renowned ecotourism destination, has once again proven itself as a global leader in sustainable tourism by winning the Environmental Sustainability Award at the International Smart Destinations Fair (FIDI) 2025. This prestigious recognition reinforces Bonito’s commitment to environmental conservation, climate action, and sustainable tourism practices, setting an example for destinations worldwide. The Significance of the FIDI 2025 Award The International Smart Destinations Fair (FIDI) is one of the most important events in the global tourism industry, bringing together leaders, innovators, and policymakers to discuss the future of smart and sustainable destinations. The Environmental Sustainability Award is given to destinations that demonstrate outstanding achievements in implementing sustainable tourism practices, reducing carbon footprints, and integrating innovative environmental conservation strategies. Winning this award highlights Bonito’s Carbono Neutro Program, which has been instrumental in: Leadership Driving Bonito’s Success Governor Eduardo Riedel reaffirmed Mato Grosso do Sul’s commitment to economic development aligned with environmental preservation, stating: “Mato Grosso do Sul is on a path to achieving carbon neutrality by 2030, demonstrating that economic growth and sustainability can go hand in hand.” Josmail Rodrigues, Mayor of Bonito, also celebrated the achievement, emphasizing the city’s commitment to sustainable development: “Bonito’s recognition at FIDI 2025 reflects the dedication of our entire community in preserving our natural heritage while ensuring economic growth. We will continue working towards innovative solutions that make Bonito a model for sustainable tourism.” The success of Bonito’s sustainability initiatives is the result of strong leadership and collaboration. Bruno Wendling, President of Fundtur MS, emphasized the significance of this achievement: “This award is a testament to Bonito’s leadership in sustainability and climate action. We are proving that it is possible to develop tourism in a way that respects and preserves nature while providing economic benefits to local communities.” Similarly, Juliane Salvadori, Vice Mayor of Bonito and leader of the Bonito Carbono Neutro Program, highlighted the importance of this recognition: “Winning the Environmental Sustainability Award at FIDI 2025 is a proud moment for Bonito. It validates our dedication to creating a sustainable future for tourism, ensuring that future generations can continue to experience the natural beauty of our destination.” Adding to Bonito’s sustainability milestones, the Grupo Rio da Prata has played a crucial role in reinforcing climate action in the region. Their properties, including the Recanto Ecológico Rio da Prata, Lagoa Misteriosa, and Estância Mimosa, have achieved Climate Positive and Carbon Neutral certifications, setting new standards for conservation and responsible tourism. Their ongoing efforts in ecosystem restoration, carbon sequestration, and sustainable visitor experiences continue to position Bonito as a leader in global ecotourism. “The accomplishments of Grupo Rio da Prata showcase how tourism can actively contribute to environmental recovery. By achieving Climate Positive and Carbon Neutral certifications, they set an example of how destinations can balance growth with nature conservation.” – Bruno Wendling, President of Fundtur MS What This Means for the Future This award solidifies Bonito’s position as a benchmark in sustainable tourism not only in Brazil but also on a global scale. It serves as an inspiration for other destinations looking to implement effective climate action strategies while fostering economic growth through responsible tourism. As Bonito prepares to present its success story at COP-30 in Belém, Pará, in November 2025, this recognition will further strengthen its impact on international discussions around sustainable tourism and environmental conservation. A Bright Future for Bonito and Global Sustainable Tourism With its ongoing commitment to sustainability, Bonito is proving that environmental responsibility and tourism excellence can go hand in hand. The FIDI 2025 Environmental Sustainability Award is not just a victory for Bonito but for the entire global movement towards more responsible and climate-conscious tourism. Matheus Mendes, Portfolio Manager at Green Initiative, also emphasized the collaborative and systemic nature of Bonito’s decarbonization efforts: “Bonito’s certification was designed to be advanced collectively. The initial responsibility for the process lies with the municipal government and the state, but the resulting actions have shared responsibilities and broad benefits for society. The next stages of the destination’s decarbonization should prioritize four key pillars: clean mobility, waste treatment, ecosystem restoration, and tourist engagement.” Congratulations to Bonito Carbono Neutro and all those who have contributed to making this achievement possible! 🌿🌍✨ In the Media:

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Enhancing Climate Action in the Cruise Industry The Role of Green Initiative as a Climate Certifier

Enhancing Climate Action in the Cruise Industry: The Role of Green Initiative as a Climate Certifier

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The cruise industry has long been synonymous with luxury travel, breathtaking ocean views, and world-class entertainment. However, it is also increasingly scrutinized for its environmental impact. Cruise ships contribute to CO₂ emissions, air pollution, and marine ecosystem degradation, making their decarbonization a critical priority in global climate action. At the forefront of this transformation is Green Initiative, a global leader in climate certification for the tourism industry. As cruise companies strive to reduce their carbon footprints, Green Initiative provides the expertise, tools, and verification frameworks to support their journey toward reducing their carbon footprints, integrating climate-positive solutions, and leading the industry toward a net-zero future. In this article, we explore how Green Initiative is shaping the future of sustainable cruising by helping companies measure, reduce, and offset their emissions while setting new standards for climate-positive tourism. Why Cruise Ships Must Act on Climate With the growth of the cruise industry, environmental concerns have become more urgent. According to International Maritime Organization (IMO) studies, the shipping sector—including cruise ships—accounts for nearly 3% of global CO₂ emissions. While efforts have been made to improve efficiency, the industry remains heavily reliant on fossil fuels, producing greenhouse gases, sulfur oxides (SOₓ), and nitrogen oxides (NOₓ) that contribute to climate change and air pollution. Some of the biggest environmental challenges in the cruise sector include: Despite these challenges, the cruise industry has a unique opportunity to lead in climate action. The adoption of low-carbon fuels, energy-efficient technologies, and sustainability certifications is rapidly gaining traction. Regulatory and Market Forces Driving Change To accelerate its sustainability efforts, the cruise industry must comply with global, regional, and corporate sustainability regulations. Key Regulations Impacting Cruise Decarbonization: Beyond regulations, market forces and consumer expectations are also shaping the industry’s sustainability journey. Travelers are becoming more eco-conscious, demanding greener options, while investors increasingly favor companies with strong ESG (Environmental, Social, and Governance) commitments. The Role of Green Initiative in Cruise Industry Decarbonization While regulations set the minimum compliance standards, Green Initiative goes beyond by offering a comprehensive climate certification that helps cruise operators measure, reduce, and offset their emissions, enabling a structured transition toward carbon neutrality. 1. Green Initiative’s Climate Certification for Cruise Operators Green Initiative offers three science based climate certification options for cruise lines, providing a structured framework for sustainability and emissions management: Each certification follows a structured three-step process to guide cruise operators toward sustainability: By obtaining any of Green Initiative’s certifications, cruise lines demonstrate transparency, accountability, and leadership in climate action. This reinforces their position in an increasingly sustainability-driven market while contributing to a resilient and environmentally responsible future for the cruise industry. 2. Supporting Cruise Lines in Their Climate Journey While many cruise operators are exploring long-term net-zero strategies, Green Initiative focuses on delivering achievable and impactful carbon neutrality solutions today. This includes: By bridging the gap between current technological capabilities and long-term decarbonization goals, Green Initiative ensures that sustainability actions are tangible, measurable, and aligned with global climate objectives. 3. Collaborations with Ports and Destinations for Sustainable Cruise Tourism Cruise emissions extend beyond the ships themselves, affecting port cities, coastal communities, and marine ecosystems. To address this, Green Initiative is exploring potential collaborations to: Through these prospective collaborations, Green Initiative aims to transform cruise destinations into climate-smart regions, ensuring that sustainability efforts extend beyond the vessels themselves and into the ecosystems and communities they impact. The Way for a Sustainable Cruise Industry Green Initiative’s Carbon Neutral Certification provides the cruise industry with a structured and practical pathway to sustainability, ensuring compliance with global climate goals while maintaining economic viability. By leveraging certification, operational guidance, and multi-stakeholder partnerships, Green Initiative fosters holistic climate action that extends beyond ships to ports, tourism boards, and local communities. Looking ahead, advancing toward Climate Positive Certification offers cruise operators the opportunity to go beyond carbon neutrality, actively contributing to climate restoration and ecosystem regeneration. By prioritizing carbon reduction today and climate-positive initiatives for the future, Green Initiative helps steer the cruise industry toward a more responsible, resilient, and sustainable future. This article was written by Ella Baehringer from the Green Initiative team

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Best Practices for Achieving Climate and Nature Positive Outcomes in Fisheries and Aquaculture Geen Initiative

Best Practices for Achieving Climate and Nature Positive Outcomes in Fisheries and Aquaculture

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Introduction As global awareness of environmental sustainability intensifies, the fisheries and aquaculture sectors are under increasing pressure to adopt climate positive and nature positive practices. Contributing approximately 0.49% of global greenhouse gas emissions, these industries play a crucial role in climate change mitigation, biodiversity preservation, and food security. Unlike terrestrial agriculture, which emits between 400 and 660 million tons of CO₂ annually, aquaculture has a lower carbon footprint due to improved feed conversion rates and the absence of methane-producing land-use changes. Embracing climate certifications—such as climate positive, carbon neutral, and carbon measured—can further support sustainability efforts in these sectors. This article examines the key emission sources in fisheries and aquaculture and highlights practical strategies to reduce their environmental impact. Understanding Climate and Nature Positive Practices Key Emission Sources in Fisheries and Aquaculture 1. Wild Capture Fisheries The primary emissions in this sector stem from fuel consumption in fishing vessels. Additional contributors include: 2. Aquaculture Operations Emissions in aquaculture primarily arise from: Best Practices for Carbon Footprint Reduction A. Wild Capture Fisheries B. Aquaculture Operations The Path Forward: Economic and Environmental Synergy Many carbon-reduction strategies not only help the environment but also improve economic efficiency. For example: Conclusion The fisheries and aquaculture industries are at a turning point. By adopting technological innovations, sustainable management practices, and renewable energy solutions, they can significantly cut their carbon footprints while ensuring long-term food security. With continued investment and industry-wide collaboration, the seafood sector can play a pivotal role in the global fight against climate change. Want to Learn More? Contact Us! At Green Initiative, we help businesses and industries transition toward a climate and nature positive future. Whether you’re looking to reduce your carbon footprint, achieve climate certifications, or improve sustainability in fisheries and aquaculture, our team is here to assist you. Get in touch and let us know if you would like to receive an in-depht technical review on Best Practices for Carbon Footprint Reduction in Fisheries and Aquaculture Operations. This article was written by Matheus Mendes from the Green Initiative Team. Image credits by Marcos Vaena Further Reading on Fisheries Sustainability:

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Sustainability in Hospitality A Competitive Advantage, Not Just Compliance Green Initiative

Sustainability in Hospitality: A Competitive Advantage, Not Just Compliance

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Why Sustainability Matters for Hotels and Restaurants Sustainability in hospitality is no longer optional—it’s a strategic necessity for long-term success. As climate action gains momentum worldwide, hotels and restaurants that embrace sustainable practices are securing financial benefits, reducing operational costs, and strengthening brand loyalty. But sustainability isn’t just about meeting environmental goals—it’s about gaining a competitive edge in a rapidly evolving industry. From cutting expenses through energy efficiency to attracting eco-conscious travelers and securing preferential financing, sustainability is reshaping the hospitality landscape. Businesses that integrate climate-smart strategies will thrive, while those that ignore this shift risk higher costs, limited financing options, and declining market appeal. The message is clear: sustainability is no longer just about compliance—it’s the key to long-term profitability and success.. Key Benefits of Sustainability in Hospitality ✅ Cost Reduction – Energy efficiency and waste reduction lower operational expenses.✅ Access to Climate Financing – Hotels with strong sustainability practices can secure preferential loans and investment opportunities.✅ Brand Differentiation – Eco-conscious travelers actively seek sustainable hospitality options.✅ Regulatory Compliance & Future-Proofing – Meeting global climate pledges protects businesses from future regulatory risks. Sustainability as a Competitive Edge in Hospitality Hotels that delay climate-smart strategies risk rising costs, shrinking market appeal, and limited financing options. Sustainability isn’t just a trend—it’s shaping the future of the hospitality industry. Hospitality Sustainability Success Stories 1. SENAC Restaurants, Brazil: A Carbon-Neutral Dining Model SENAC Restaurants in Brazil achieved Carbon Neutral Certification by overhauling their food sourcing strategy. By prioritizing local suppliers, they: ✔ Cut transportation costs✔ Improved menu sustainability✔ Strengthened brand reputation This demonstrates how sustainability and profitability go hand in hand. 2. Inkaterra: A Global Leader in Eco-Hospitality Inkaterra, a pioneer in ecotourism, has integrated climate action into its operations by managing 15,000 hectares of protected forest. Their Climate Certification has: ✔ Strengthened their international reputation✔ Secured climate finance through partnerships like the Inter-American Development Bank (IDB)✔ Improved operational efficiency These case studies highlight that sustainability is not just about reducing emissions—it’s a business growth strategy. The Business-Driven Approach to Hospitality Sustainability Despite misconceptions that climate action is losing momentum, the truth is that sustainability is now a business-driven necessity. The rising costs of energy, food, and waste management make climate-positive initiatives essential for profitability. How to Integrate Sustainability into Your Hospitality Business To stay ahead in the industry, hospitality businesses should consider: 🔹 Carbon Certification for Hotels & Restaurants – Align with climate finance frameworks and secure better investment opportunities.🔹 Energy & Waste Management Strategies – Reduce operational costs while meeting sustainability goals.🔹 Sustainable Sourcing & Eco-Friendly Operations – Attract eco-conscious travelers and corporate clients. Take Action: Future-Proof Your Hospitality Business Hotels and restaurants can gain a competitive advantage by obtaining Green Initiative’s Climate Certificates for tourism, hospitality, and destinations. These certifications help businesses secure financing, improve sustainability performance, and increase market appeal. Download the Free Climate Action Guide for Hospitality Gain valuable insights on integrating climate mitigation strategies into your hotel or restaurant business. 📥 Download the Climate Action Guide Final Thoughts Sustainability is not just an ethical obligation—it’s a smart business strategy. Hotels and restaurants that embrace climate action will thrive, while those that hesitate may struggle with rising costs and diminishing market share. Is your hospitality business ready for the future? Start your sustainability journey today and position yourself as a leader in the evolving hospitality landscape. Get in touch.

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Green Initiative Spotlights: Tomorrow’s SFS-MED Webinar on Reducing Food Loss and Waste in Mediterranean Cities

Green Initiative Spotlights: Tomorrow’s SFS-MED Webinar on Reducing Food Loss and Waste in Mediterranean Cities

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The Mediterranean region, famous for its delicious food and vibrant cities, faces a big challenge: food loss and waste. To tackle this issue, the Sustainable Food Systems Mediterranean (SFS-MED) Initiative is hosting a webinar called “Coordinating Local and National Actions to Reduce Food Loss and Waste in Mediterranean Cities” on January 28, 2025. Why This Matters Over 70% of people in the Mediterranean live in cities, making urban areas major hubs for food use and waste. Here are some shocking facts: This creates serious problems for the environment, the economy, and society. Reducing food loss and waste is crucial for protecting the planet, improving food security, and cutting greenhouse gas emissions. What the Webinar Will Cover This webinar will bring together local and national leaders to work on solutions for reducing food loss and waste. Key topics include: Cities Can Lead the Way Cities have a unique role to play in fighting food waste. By focusing on circular economy ideas, they can: A Global Opportunity While the webinar focuses on the Mediterranean, the insights and strategies shared have the potential to inspire action in other parts of the world. The challenges of food loss and waste are universal, and the solutions developed in this region can serve as a model for cities globally. By learning from these experiences, other regions can adapt similar approaches to fit their local contexts and needs. Don’t Miss Out This webinar is a chance for everyone—from policymakers to community leaders—to share ideas and build practical solutions for a sustainable Mediterranean. Event Details: Find out more about the event, including the agenda, on the official event page. To register right now click here. At Green Initiative, we believe collaboration is key. Let’s join forces to create a sustainable future for the Mediterranean and beyond.

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Bonito: A Carbon-Neutral Ecotourism Destination to Host the 2025 International Sustainability Forum

Bonito: A Carbon-Neutral Ecotourism Destination to Host the 2025 International Sustainability Forum

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In May 2025, Bonito, Mato Grosso do Sul, Brazil—a global leader in sustainable tourism—will host the International Sustainability Forum from May 29 to 31. Known for its pristine natural beauty and pioneering environmental initiatives, Bonito is the perfect venue for this pivotal event, which aims to shape discussions around energy transition and green financing ahead of the COP30 climate conference in Belém. Why Bonito? A Model of Regenerative Tourism Bonito is not just a popular tourist destination; it’s a carbon-neutral certified ecotourism hub. In 2022, the city made history by becoming the first tourism destination in the world to earn this certification. This milestone was achieved through a rigorous collaboration between the Fundação de Turismo de Mato Grosso do Sul (FUNDTUR) and Green Initiative, which assessed and mitigated the carbon footprint of its tourism sector. Key climate and nature positive strategies that contributed to this certification include: Additionally, Bonito is home to Climate Positive Ecotourism Businesses such as Grupo Rio da Prata Ecoturismo and Estância Mimosa, which actively work to create a net positive environmental impact. Grupo Rio da Prata offers eco-friendly snorkeling and diving experiences in its pristine rivers, while engaging in large-scale reforestation efforts and water conservation initiatives. Similarly, Estância Mimosa provides guided tours through stunning waterfalls and trails while implementing carbon sequestration through native tree planting and sustainable farming practices. These businesses exemplify Bonito’s dedication to ecotourism and serve as models for sustainability in the global tourism industry. These initiatives collectively reduce Bonito’s environmental footprint and contribute to its goal of becoming a global leader in climate-smart tourism. Mayor of Bonito, Josmail Rodrigues, highlighted the city’s global leadership in sustainability, stating: “Bonito is a global reference for sustainable tourism, and hosting an event of this magnitude reinforces our commitment to environmental preservation and responsible economic development. The International Sustainability Forum will be a unique opportunity to discuss innovative solutions and establish our city as a model of sustainability for Brazil and the world.” The Significance of the International Sustainability Forum The forum will bring together policymakers, environmentalists, scientists, and industry leaders to discuss: Bonito’s role as host is particularly symbolic. Its transformation into a carbon-neutral destination highlights the power of local initiatives to drive global change, setting an example for other regions aiming to balance economic growth with environmental stewardship. Recognized Leadership in ESG Practices Bonito and the state of Mato Grosso do Sul have gained national and international recognition for their sustainability efforts. In December 2024, Mato Grosso do Sul was ranked among Brazil’s top three regions for ESG practices in sustainable tourism by Embratur. This accolade underscores the state’s forward-thinking approach to tourism development and environmental conservation. Specific achievements include: Bruno Wendling, President of FUNDTUR, stated, “Our goal is to position Bonito as a global model for sustainable and regenerative tourism by ensuring every visitor’s experience contributes positively to the environment. Hosting the International Sustainability Forum further solidifies our commitment to this mission.” Bonito: A Destination Worth Protecting Bonito’s unique ecosystems are its greatest treasure. Highlights include: Through carbon-neutral initiatives and sustainable tourism practices, Bonito is setting a precedent for destinations worldwide, showcasing that natural beauty and environmental responsibility can coexist. What to Expect at the Forum The event promises a wealth of opportunities, including: As the world prepares for the COP30 climate conference, Bonito stands out as a beacon of sustainable innovation and environmental leadership. Hosting the International Sustainability Forum in this Carbon-Neutral Certified city not only amplifies its commitment to protecting natural resources but also inspires other destinations to follow suit. Bonito’s story proves that tourism and sustainability can go hand in hand, paving the way for a greener future. By the Green Initiative Team. Suggested reading:

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Grupo Rio da Prata Recanto Ecológico Estância Mimosa Lagoa Misteriosa

Grupo Rio da Prata Wins Prestigious 2024 Eco Amcham Award for Sustainability Leadership

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A Commitment to Sustainability and Regenerative Tourism Earns Grupo Rio da Prata the Eco Amcham Award in the Products and Services Category Grupo Rio da Prata, a leader in ecotourism with attractions located in Jardim and Bonito, Mato Grosso do Sul – Brazil, has achieved an extraordinary milestone by winning the 2024 Eco Amcham Award. This prestigious accolade, organized by the American Chamber of Commerce for Brazil (Amcham), recognizes the company’s groundbreaking efforts in blending sustainable tourism with impactful environmental conservation initiatives: Regenerative Tourism. What is the Eco Amcham Award? Since its inception in 1982, the Eco Amcham Award has been Brazil’s longest-standing and most distinguished corporate recognition for sustainable practices. This year, the award saw 199 projects evaluated by a panel of 74 expert jurors, highlighting innovation and leadership in environmental stewardship. Grupo Rio da Prata stood out in the Products and Services category with their initiative titled:“Carbon Positive Ecotourism Attractions: A Journey Towards Sustainability and Climate Positive Certification.” Grupo Rio da Prata shares the spotlight with other winners in the Products and Services category, including C&A Moda, Gerdau, Banco BV, and Baterias Moura. Together, these companies exemplify a commitment to driving innovation and sustainability. Why Grupo Rio da Prata Stands Out The attractions managed by Grupo Rio da Prata—Recanto Ecológico Rio da Prata, Lagoa Misteriosa, and Estância Mimosa—have achieved the Climate Positive Certification, awarded by the Green Initiative. This certification goes beyond carbon neutrality, recognizing the company’s efforts to remove more carbon dioxide from the atmosphere than they emit, and Nature Positive initiatives such as ecosystem restoration, preservation and protection. This achievement underscores their commitment to not only mitigating climate change but also creating a net positive impact on the environment. Key Highlights of Grupo Rio da Prata’s Sustainability Efforts: Recognizing the Impact of the Eco Amcham Award Grupo Rio da Prata’s achievements highlight the transformative power of sustainable and regenerative tourism. By investing in eco-friendly practices and inspiring visitors to connect with nature responsibly (nature positive initiatives), the company is setting a benchmark for environmental conservation in the tourism industry. According to Daniela Aiach, Sustainability Director at Amcham, the Eco Award is more than a recognition; it’s a platform for transformation. Regenerative Tourism: A Vision for a Sustainable Future “This award reflects our deep love for nature and our unwavering commitment to preserving it. Our success is a collective effort involving employees, partners, suppliers, and visitors who share our mission to protect ecosystems and promote sustainable living. This recognition inspires us to leave a lasting positive legacy for future generations.” – Simone Spengler Coelho, Director of Grupo Rio da Prata “This award showcases how companies are rethinking their operations to create a positive impact on society and the planet, inspiring others to take action.” – Daniela Aiach, Sustainability Director at Amcham “We at Green Initiative extend our heartfelt congratulations to Grupo Rio da Prata on receiving the prestigious 2024 Eco Amcham Award. This well-deserved recognition highlights their exemplary commitment to sustainable regenerative tourism and environmental conservation. Achieving Climate Positive Certification is no small feat—it reflects a profound dedication to reducing emissions, restoring ecosystems, and fostering a positive impact on our planet. Grupo Rio da Prata’s innovative practices, from reforestation efforts to the creation of protected reserves, set a new standard for what it means to harmonize business success with environmental stewardship. As partners, we are proud to support their journey and celebrate this remarkable milestone together. Their work inspires us all to continue striving for a sustainable and inclusive future.” – Tatiana Otaviano, Head of Relationship Management, Green Initiative Planning your next adventure? Discover the breathtaking beauty and sustainable initiatives at Recanto Ecológico Rio da Prata, Lagoa Misteriosa, and Estância Mimosa. Every visit supports their mission to protect the environment and contribute to a greener future. For more details, visit Grupo Rio da Prata Website 👉 Download Green Initiative’s Climate Action Guides for Tourism Tusinesses and Destinations here. Related articles

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Green Initiative and Machu Picchu: A Winning Partnership for Climate and Nature Sustainability through Regenerative Tourism

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In 2024, Green Initiative proudly received the prestigious title of World’s Leading Sustainable Organisation 2024 at the World Sustainable Travel & Hospitality Awards, largely due to its successful implementation of the Carbon Neutral Certification for one of the World’s most iconic destinations: Machu Picchu. This collaboration highlighted how sustainability and responsible tourism can directly impact the global tourism landscape and also contributed to Machu Picchu’s recognition as the World’s Leading Tourist Attraction 2024 for the sixth time (2017, 2018, 2019, 2021, 2022, and 2023) at the World Travel Awards. This event, considered the ‘Oscar of Tourism,’ also awarded Peru as the ‘World’s Leading Cultural Destination‘ and the ‘World’s Leading Culinary Destination.’ The Commission for the Promotion of Peru for Exports and Tourism – PromPerú (awarded as Best Latin American Tourism Authority Website 2024 in the prestigious World Travel Tech Awards) enthusiastically announced the achievements. In addition to its status as a UNESCO World Heritage Site, this citadel stands as a cultural, historical, and architectural symbol of the ancient Inca Empire. Ricardo Limo, Executive President of PromPerú, highlighted the significance of these awards: “These recognitions are a testament to the continuous work of the public and private sectors, and of all Peruvians who share the best of our country with the world.” Machu Picchu, already a symbol of ancient history and breathtaking natural beauty, took another critical step forward by achieving Carbon Neutral certification through Green Initiative’s specialized sustainability program. This certification recognizes the extraordinary efforts of local stakeholders, including the government, tourism operators, and conservationists, to reduce carbon emissions and minimize the environmental footprint of this UNESCO World Heritage site, and also put in place a mitigation plan for decarbonization. “Machu Picchu stands as the world’s first natural and cultural wonder to achieve carbon neutrality, showcasing that sustainable tourism and decarbonization can and must go hand in hand—a global symbol of environmental leadership.” – Gustavo Santos, Regional Director for the Americas, World Tourism Organization “The experience of Machu Picchu as a signatory of the Glasgow Declaration can be a reference for other tourist destinations in Peru and around the world. In addition to being a natural and cultural treasure, Machu Picchu is also an inspiring example of how the growth of tourism and decarbonization can and should go hand in hand.” – Sofia Gutierrez, Deputy Director of Sustainable Tourism at UN Tourism “Machu Picchu, one of the 13 World Heritage sites that Peru has, is an inspiring example of how tourism can be integrated with climate action, thus contributing to the sustainability and conservation of World Heritage.” – Jose Salazar Ríos, Coordinator of the Culture Sector at UNESCO Peru “As a pioneer of regenerative tourism in Peru, Inkaterra is committed to conserving the natural heritage of Machupicchu,” states José Koechlin, founding president of Inkaterra. “This alliance is a success story about the goals that can be achieved when public and private sectors work hand in hand. With the support of the local community, the first destination in Latin America with a circular economy has been achieved. We Peruvians enjoy the privilege of having this cultural and natural heritage of humanity, which entails the great responsibility of caring for it for future generations.” “We are proud to announce that Machupicchu renews its ‘First Carbon Neutral’ certificate. This achievement represents a significant milestone in our effort to promote circular economy models and sustainable cities, where for example, we give new life to bottles, such as Cielo Alcalina which is made 100% from recycled bottles,” says Jorge López-Doriga, Chief Communications and Sustentability Officer in AJE Group. The Carbon Neutral certification process involved: Through these efforts, Machu Picchu became a beacon of sustainability in tourism, setting a precedent for other destinations worldwide. This achievement is even more significant because the Travel Awards recognized Machu Picchu for its historical and cultural value and commitment to environmental preservation. The certification played a special role in this decision, underscoring the growing importance of sustainable tourism practices in shaping the future of global travel. A Turning Point for Sustainable Tourism Recognizing Green Initiative and Machu Picchu at the World Sustainable Travel & Hospitality Awards and the World Travel Awards signals a turning point in the tourism industry. Sustainability is no longer an afterthought—it has become a key factor in defining a truly world-class destination. Tourists, travelers, and travel companies are increasingly prioritizing eco-consciousness, and destinations like Machu Picchu are leading the way. By embracing Climate and Nature Positive initiatives, they demonstrate that environmental stewardship and tourism can go hand in hand. The Carbon Neutral certification contributed to Machu Picchu’s award and helped boost its reputation as a responsible, forward-thinking destination. It’s a testament to how partnerships between environmental experts like Green Initiative and iconic sites like Machu Picchu can drive meaningful change. With sustainable practices now at the core of the global travel industry, other destinations around the World are following suit, inspired by the success of Machu Picchu’s journey towards sustainability. The Path Forward: Working Hand in Hand with the Private Sector Partnerships with the private sector have transformative power in driving high-impact sustainable initiatives. The renewal of Machu Picchu as a Carbon-Neutral Destination is proof of this. This achievement was made possible through the efforts of AJE Group, a Peruvian multinational beverage company that has operations in over 20 countries, alongside strategic allies such as Inkaterra, the Municipality of Machu Picchu, and Tetra Pak. This project included the installation of a biodiesel plant to reuse used cooking oil, a pyrolyzer to convert organic waste into biochar, compactors for plastics, and a glass crusher, transforming waste management in the citadel. These actions not only significantly reduced the site’s environmental footprint but also strengthened its position as a global reference in sustainability and environmental commitment. As Green Initiative continues to work with destinations around the World to achieve Carbon Neutral certification, the focus remains on creating a long-lasting impact. The success of Machu Picchu demonstrates that with the right support and commitment, any destination—no matter how iconic—can

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