Climate Positive

How Companies Sharing Climate Commitments are Coming Together to Reduce Transaction Costs and Accelerate Decarbonization - Green Initiative

How Companies Sharing Climate Commitments are Coming Together to Reduce Transaction Costs and Accelerate Decarbonization

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In an era when environmental responsibility is no longer optional, companies worldwide are recognizing the necessity of committing to climate action. This shared commitment is a moral imperative and a strategic business decision. By collaborating, companies are discovering that they can more effectively reduce their transaction costs and accelerate the decarbonization of their operations. The tourism industry provides a compelling example of how this synergy works. Tourism: A Case Study in Collaborative Climate Action Tourism is an industry with significant environmental impacts, but it also has vast potential for positive change. Two companies, Kuoda Travel, and Inkaterra Hotels, exemplify how businesses can leverage shared climate commitments to achieve greater sustainability and economic efficiency. Kuoda Travel: Reducing Carbon Footprints Through Sustainable Accommodations Kuoda Travel, a US-based tourism operator, is integrating accommodations that comply with international climate standards into its tourism experiences. This strategic move is more than a marketing angle; it’s a substantial step towards reducing its carbon footprint. By choosing partners who prioritize sustainability, Kuoda Travel is minimizing its environmental impact and reducing its carbon mitigation costs. This cost reduction makes their commitment to net zero emissions more feasible and financially sustainable. “At Kuoda, we dedicate ourselves to responsible business practices just as much as we encourage mindful travel practices. For this reason, we spent the last several years committed to minimizing our environmental impact as much as possible. Thanks to Green Initiative, in 2019, Kuoda became Carbon Neutral as the first step towards bold climate action and protection by signing The Glasgow Declaration on Climate Action in Tourism. In 2022, we took it one step further and became a certified Climate Positive business, going beyond neutrality alone and instead finding ways to actively benefit and improve the environment by removing harmful gasses from the atmosphere.” Inkaterra Hotels: Gaining a Competitive Edge On the other hand, Inkaterra Hotels, renowned as the first climate-positive hotel group in the world, gains a competitive advantage by partnering with like-minded companies such as Kuoda Travel. Inkaterra’s climate-positive status means they go beyond achieving net zero emissions by actively removing more carbon dioxide from the atmosphere than they emit. This distinction positions them as an attractive and responsible business partner, appealing to eco-conscious travelers and businesses. Inkaterra annually caters to more than 200,000 travellers. It has been recipient of the 2015 PURE Award on the ‘Contribution to Experiential Travel’ category; the Relais & Châteaux Environment Trophy (2013); WTTC Tourism for Tomorrow Awards in the Conservation Category (2012); Travel+Leisure Global Vision Award (2011); and National Geographic Traveler’s Best Practices Award for Sustainable Travel (2002). In 2012 Inkaterra became the first world hotel enterprise to be recognized with the International Certificate in Sustainable Tourism by the CU Green Choice Sustainable Tourism Standard. More than 4,000 locals have been trained since Inkaterra was founded. Career opportunities on hospitality, field guidance and agroforestry projects on cacao and Brazil nut, are bonded to Inkaterra’s sustainable approach. Workshops and conferences are constantly organized for local communities to raise awareness on environmental care. Logistics: Electric Trucks Powering Sustainable Distribution Delphin Group and BioAmayu have formed a partnership in the logistics sector that showcases the benefits of shared climate commitments. Delphin Group provides electric trucks for last-mile logistical services, significantly reducing emissions associated with delivery. BioAmayu, the first climate-positive fruit juice made from Amazon-sourced ingredients, benefits from this low-carbon distribution mode. This collaboration is further strengthened by AJE Group‘s investment in electric trucks, demonstrating how joint efforts can drive sustainability and operational efficiency. Through this partnership, BioAmayu can distribute its products in an environmentally responsible manner, setting a precedent for other companies to follow. The Synergy of Shared Values The collaboration between Kuoda Travel and Inkaterra Hotels, as well as Delpin Group and BioAmayu, are collaborative cases. They reflect a growing trend where companies with shared values in climate action understand the mutual benefits of working together. By aligning their business practices with environmental goals, these companies can achieve: Global Implications and Future Prospects This collaboration model is gaining traction worldwide. As more companies recognize that climate action is good for the planet and beneficial for their bottom line, we can expect to see increased partnerships similar to those of Kuoda Travel and Inkaterra Hotels. This approach is a testament to the power of collective action in addressing global challenges. In conclusion, integrating climate commitments into business operations and partnerships is proving to be a viable strategy for reducing transaction costs and accelerating the decarbonization of operations. The tourism industry’s example shows that when companies unite under a common cause, they can achieve remarkable outcomes that benefit both their businesses and the environment. Written by the Green Initiative team.

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Grupo AJE A Blueprint Example for Sustainable Tourism Worldwide - Green Initiative

Grupo AJE: A Blueprint Example for Sustainable Tourism Worldwide

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Since 2014, Grupo Aje has championed the Natural Revolution, spotlighting indigenous communities and UNESCO World Heritage sites. The aim? To transform these tourist destinations into carbon-neutral havens. Machu Picchu is now a shining example, inspiring other cities to follow suit. Tourist Destinations on the Path to Carbon Neutrality “We are living in the climate era,” says Jorge López-Dóriga, Global Director of Communications and Sustainability at Grupo Aje. Aje’s commitment to sustainability through its Bio Amayu and Agua Cielo brands focuses on protecting indigenous communities and the regions producing super fruits. Aje’s sustainability strategy targets both national and international tourist hotspots, including Machu Picchu, Manu National Park, the Nazca Lines, the Galápagos Islands, Tikal National Park, and Cartagena de Indias. These iconic sites, known globally, have been selected to set a precedent in environmental and waste management. The Machu Picchu Model In 2017, Grupo Aje, in collaboration with the Inkaterra hotel chain and the Machu Picchu municipality, launched an ambitious project to tackle waste and reduce Machu Picchu’s carbon footprint. Initiatives included installing plastic waste compactors, a biodiesel plant, an organic waste pyrolyzer, and a glass crusher. These efforts have prevented 4,100 tons of CO2 emissions between 2018 and 2022. By 2023, Machu Picchu became the world’s first carbon-neutral tourist destination, setting a global example. Cartagena de Indias: Aiming for Carbon Neutrality Following Machu Picchu’s footsteps, Aje is working to make Cartagena de Indias Colombia’s first carbon-neutral city. This project, led by Aje Colombia’s Country Manager, Fabian Mosquera, focuses on three objectives: mitigating the carbon footprint, promoting sustainable tourism, and positioning Cartagena internationally as a carbon-free city. Global Commitments and Actions At COP28 in 2023, significant commitments were made to combat climate change, including a $100 billion Loss and Damage Fund and goals to triple renewable energy and double energy efficiency. Despite these efforts, 2023 was the warmest year on record, highlighting the urgency of comprehensive environmental management. Further Initiatives Across Iconic Sites Grupo Aje’s dedication extends to other UNESCO sites. In the Galápagos Islands, they partnered with the Galápagos Conservancy Foundation to protect giant tortoises. In Tikal National Park, Aje collaborates with the Tikin Petén association to manage solid waste. Similar efforts are underway in Manu National Park and the Nazca Lines in Peru, focusing on waste reduction and environmental education. Conclusion Grupo Aje’s initiatives at Machu Picchu, Cartagena de Indias, the Galápagos Islands, Tikal National Park, Manu National Park, and the Nazca Lines demonstrate the power of public-private partnerships in achieving carbon neutrality and sustainable tourism. These projects provide a replicable model for other tourist destinations, showcasing that environmental protection and cultural heritage preservation can go hand in hand. These efforts by Grupo Aje not only contribute to the local environment and communities but also set a global benchmark for sustainability in tourism. They set an example for municipalities and tourist destinations, proving that it is possible to have a positive impact on the environment while preserving the unique treasures of humanity’s natural and cultural heritage. Contact us at Green Initiative so we can advise your business on innovative solutions for championing climate action and supporting you along the way. Written by Yves Hemelryck, from the Green Initiative team. Source and suggested reading: Melissa Cosmopolis, from El Comercio

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WorldXchange's Climate Positive Leadership Elevating Standards in Tourism and Currency Exchange - Green Initiative

WorldXchange’s Climate Positive Leadership: Elevating Standards in Tourism and Currency Exchange

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The tourism sector, crucial for global economic vitality and responsible for approximately 10% of global GDP, also contributes significantly to global greenhouse gas emissions. This dual role positions the industry uniquely both as a contributor to and a potential leader in climate change mitigation. With the direct impact of climate change threatening everything from natural landscapes to historical sites, the need for sustainable practices has never been more urgent. WorldXchange, is exemplifying this leadership. Since achieving Carbon Neutral Certification in 2023, WorldXchange has expanded its sustainability initiatives, setting new standards for environmental stewardship within the currency exchange market. These efforts not only highlight its commitment to reducing its own carbon footprint but also demonstrate the potential for industry-wide impact. By leading the charge towards a climate-positive future, WorldXchange not only enhances its operational efficiency and customer appeal but also inspires other businesses within the tourism and financial sectors to follow suit, proving that sustainable practices can coexist with business growth and innovation. This proactive approach is not just about adapting to change—it’s about driving it, ensuring a healthier planet and a more resilient global economy. Continued Leadership in Sustainable Practices WorldXchange has achieved a remarkable 16% reduction in its carbon footprint from 2021 to 2023, underscoring its commitment to operational excellence and eco-friendly practices. This significant decrease highlights the company’s rigorous efforts to innovate and implement efficiency solutions across its operations. Commitment to Biodiversity and Reforestation In an ambitious move to support biodiversity, WorldXchange is committing to plant 15,000 native trees in Madre de Dios, a critical ecosystem in the heart of the Amazon. With over 300 trees planted since 2023, this project not only aids in carbon sequestration but also preserves the habitat for countless species, underscoring the company’s interest in supporting the enhancement of nature´s positive impacts. Educating and Engaging the Public WorldXchange’s impact extends beyond environmental actions. Through comprehensive awareness-raising activities, the company has enlightened over 80,000 individuals about the intricacies of climate mitigation, emphasizing the significant role that both individuals and corporations play in this global fight. Setting a New Benchmark: Climate Positive Certification Achieving the status of the first Climate Positive Certified currency exchange company globally marks WorldXchange as a pioneer in the market. This accolade is a testament to the company’s unwavering commitment to support and actively engage in the environmental standards promoted by LAP (Lima Airport Partners), inspiring others to follow suit. The Urgent Need for Decarbonization in Tourism Supported by the Glasgow Declaration on Climate Action in Tourism, WorldXchange’s initiatives are a response to the critical need for robust climate action within the sector. Aimed at halving emissions by 2030 and achieving net zero by 2050, these efforts align with global strategies for rapid climate mitigation, as highlighted in key reports by entities like the UNWTO and McKinsey & Company. As WorldXchange continues to integrate climate action into every facet of its operations, the path forward is clear—sustainability is not just a goal but a guiding principle for its business model. For further insights into WorldXchange journey and the challenges, visit the original article here. Written by the Green Initiative team.

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Embracing Regeneration A New Horizon in Tourism - Green Initiative - What is Regenerative Tourism

Embracing Regeneration: A New Horizon in Tourism

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In the shadow of overtourism, climate change and cultural erosion, the tourism industry is at a crossroads, with one path leading to a deeper, more holistic approach known as regenerative tourism. This forward-thinking concept seeks not only to mitigate the negative impacts of travel, but to actively improve the environmental, social and economic fabric of destinations worldwide. Through the lens of real examples, we explore the transformative power of regenerative tourism and its potential to redefine our travel experiences. The Essence of Regenerative Tourism By aiming to leave destinations better than they were found, regenerative tourism goes beyond traditional sustainability. It focuses on revitalising ecosystems, strengthening community ties and ensuring tourism supports the overall wellbeing of host areas. It’s a method that sees tourists as active participants in regeneration, not just visitors. Real-World Examples of Regenerative Tourism Brazil: Sustainable Tourism in Bonito, Mato Grosso do Sul The region of Bonito in Mato Grosso do Sul, Brazil, has become a beacon of regenerative tourism. Known for its crystal-clear rivers and rich biodiversity, the city of Bonito has achieved Carbon Neutral Certification and has implemented strict environmental regulations and innovative practices to ensure that tourism makes a positive contribution to the conservation of the environment and the well-being of the community. As a result, tour operators and local stakeholders such as Rio da Prata Recanto Ecológico and Estância Mimosa are working together to preserve the area’s natural beauty while offering tourists an immersive experience in one of Brazil’s most stunning natural landscapes. Costa Rica’s Conservation Efforts Costa Rica’s commitment to nature is evident from its extensive network of national parks and protected areas, which cover more than a quarter of its land area. The country’s innovative payment for ecosystem services program compensates landowners for conserving forested areas, thus promoting biodiversity and attracting eco-conscious travelers. Tourism companies in Costa Rica such as Tulu Travel and Swetours are helping to conserve the country’s rich biodiversity and reforest areas destroyed by deforestation through regenerative tourism initiatives. Green Initiative’s Forest Friends project in Costa Rica’s Osa Peninsula has also attracted the attention of other companies such as CEPA, which has not only reduced its carbon emissions (CO2e) from its study abroad programmes in 2021, but has also planted over 4,000 native trees to date. In the lush landscapes of the Peninsula de Osa, Green Initiative has partnered with the local Saimiri Foundation to undertake a significant ecosystem restoration project. This collaboration focuses on reviving the region’s rich biodiversity including many endangered species, in particular the Tití Monkey which is threatened by deforestation for agriculture and development. By integrating regenerative practices into the local tourism model, they ensure that every visitor contributes to the environmental health of the area, turning what was once a footprint into a lasting positive impact. New Zealand’s Pioneering Approach New Zealand has long been at the forefront of integrating sustainable practices into its tourism sector. The country has taken this commitment further by embracing the principles of regenerative tourism. Tourism New Zealand’s strategy is to encourage visitors to travel more consciously and engage in activities that have a positive impact on the local environment and communities. One example is the Tiaki Promise, where visitors pledge to look after Aotearoa New Zealand for future generations by committing to care for the land, sea and wildlife by treading lightly and leaving no trace; to travel safely by showing care and consideration for all; and to respect the culture and local communities by travelling with an open heart and mind. The Transformation of Palau The Pacific island nation of Palau has introduced a pioneering policy to ensure that tourism contributes positively to the environment and local communities. The Palau Pledge is a formal promise that all visitors must sign upon arrival, committing them to act in an ecologically and culturally responsible way on the island. This initiative, combined with sustainable tourism practices and vast marine protected areas helps to protect and regenerate Palau’s delicate island and marine ecosystems. Peru: Pioneering Projects in the Amazon and Dry Forests In Peru, Green Initiative works closely with Inkaterra Associación to regenerate critical ecosystems in two distinct regions: Tambopata in the Madre de Dios region, one of the planet’s most biodiverse areas, with a high plant biodiversity of up to 300 tree species/ha, and the Chaparrí Ecological Reserve in the Lambayeque dry forests, where the aim is to safeguard animal and tree species including several IUCN Red List species such as the Andean Bear. Travel agencies in Peru like Kuoda Travel are contributing to the conservation of the region by actively participating in the restoration of ecosystems. These Forest Friends projects not only aim to restore the natural environment but also involve local communities in tourism, ensuring that they benefit economically and socially while maintaining their cultural heritage. This approach has proven effective in preserving biodiversity and enhancing the ecological resilience of these vital areas. Slovenia: A Green Heart in Europe Slovenia is setting benchmarks for regenerative tourism in Europe. Recognized as one of the continent’s greenest countries, Slovenia promotes eco-friendly tourism through its Green Scheme of Slovenian Tourism (GSST), a certification program that supports sustainable development. The country’s emphasis on preserving its natural landscapes and promoting local cultures has contributed to the regeneration of rural areas, turning them into thriving tourist destinations that prioritize the well-being of nature and inhabitants alike The Path Forward These examples illustrate regenerative tourism’s profound impact on preserving and enhancing destinations for future generations. By focusing on regeneration, the tourism industry can contribute to solving global challenges like climate change, biodiversity loss, and social inequality. The success of regenerative tourism hinges on collaboration among all stakeholders—governments, businesses, local communities, and tourists. It requires a shift in mindset from merely using natural and cultural resources to actively contributing to their resilience and revival. Green Initiative’s Role in Shaping Climate Action in Tourism Green Initiative’s contribution to regenerative tourism extends beyond project-specific collaborations. As members of the Glasgow Declaration for Climate Action in Tourism,

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Forests for Life The Importance of Action on International Day of Forests - Green Initiative Forest Friends

Forests for Life: The Importance of Action on International Day of Forests

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A Call to Action and Reflection As we celebrate the International Day of Forests this Thursday, March 21st, it’s more than a moment for contemplation—it’s a rallying cry for proactive engagement. This year shines a spotlight on Sustainable Development Goal 15: Life on Land, emphasizing forests’ pivotal role in sustaining biodiversity, underpinning ecosystems, and preserving the delicate balance vital to our planet’s wellbeing. In the face of global challenges like climate change and environmental degradation, initiatives such as the Green Initiative Climate Positive Certification and the Forest Friends Certification are notable for the dedication of businesses and individuals to reforesting and rejuvenating essential ecosystems in some of the planet’s most biodiverse areas. Pioneering Reforestation Efforts The verdant expanses of the Península de Osa in Costa Rica, stretching to Tambopata and Chaparrí in Peru, are witnessing the seeds of hope and rejuvenation being sown by Green Initiative Forest Friends. These regions, renowned for their abundant biodiversity, are transforming into symbols of hope and regeneration through the joint efforts of local communities, businesses, and the emerging field of regenerative tourism. The backing from these entities magnifies the impact of reforestation projects. It serves as a blueprint for sustainable development that can inspire others. Peninsula de Osa, in Costa Rica, houses 2.5% of global terrestrial biodiversity. Peninsula de Osa is considered one of the most biodiverse regions, harboring 2.5% of the global terrestrial biodiversity. This megadiversity has received the region’s attention from biologists, primatologists, botanical collectors, and conservationists. It has the most significant wetland ecosystem and mangrove forests in Central America. By planting trees on Peninsula de Osa, we aim to protect animal and tree species, including several threatened species from the IUCN Red List, such as the endangered Central American Squirrel Monkey, also known as Mono Titi, which is threatened mainly by deforestation for agriculture and development, leading to a decline in their extent of occurrence and area of occupancy of 60% over the last 27.5 years. Our restoration initiative aims to reinforce the growing wildlife corridor between the Osa Peninsula and the Talamanca Mountains, which the Osa Conservation Project protects. Local inhabitants receive training and incentives to preserve the ecosystem and engage in sustainable harvesting practices as part of our restoration efforts. Click here to become a Forest Friends certified partner or individual. Tambopata, in Madre de Dios, is a region considered to be the capital of biodiversity in Peru, representing 5% of all biodiversity in the world. The Madre de Dios rainforest is formed by a tremendous Amazonian plain or low jungle; it is one of the wealthiest life formations on earth, with a high plant biodiversity of up to 300 tree species/ha (Gentry, 1988). The department of Madre de Dios has been given the title of “Capital of Biodiversity of Peru” through Law No. 26311, in the merit of its natural wealth. By planting trees in Madre de Dios, we aim to protect animal and tree species, including several threatened species from the IUCN Red List, such as the Jaguar, which is threatened by suspected declines of 20-25% in its population caused by habitat quality decline or fragmentation. Since 2008, the threats to the Jaguar, on a global scale, have continued or intensified. Therefore, our restoration efforts aim to reinforce the Vilcabamba Amboro wildlife corridor that spans the southeastern region of Madre de Dios. Local inhabitants receive training and incentives to protect the ecosystem and engage in sustainable harvesting practices as part of our restoration efforts. Click here to become a Forest Friends certified partner or individual. Chaparrí, in Lambayeque – Peru, is a region with underrepresented dry forest ecosystems.  The Chaparri Ecological Reserve, located in the Equatorial Pacific region in Peru is a seasonally dry forest managed by the Muchik Santa Catalina Community of Chongoyape. Seasonally dry forests are amongst the most endangered ecosystems, with less than 10% of their original extent remaining in Latin American and Caribbean countries. The Equatorial Pacific region is also known for a remarkable species richness and level of endemism. By planting trees in Lambayeque, we aim to safeguard animal and tree species including several threatened species from the IUCN Red List such as the Andean Bear which is threatened by habitat degradation, given an approximate 30% of habitats are unsuitable for inhabitants due to lack of connectivity. Habitat suitability is also greatly decreased by human development activities including but not limited to; exploration for oil or expansion for agriculture. Therefore, our restoration efforts aim to reinforce the underrepresented ecosystems in the Chaparri Ecological Reserve. This reserve is in dire need of conservation due to several incidences of urban invasion and extended periods of drought. As part of our restoration efforts, local inhabitants receive training and incentives to protect the ecosystem and engage in sustainable harvesting practices. Chaparrí Emblematic Species Wildlife: Andean Bear, Andean Condor and the Puma.Flora: Palo Santo, Sapote and Huayacan. Click here to become a Forest Friends certified partner or individual. Strengthening Environmental Conservation Through Partnership The collaboration from businesses and individuals in environmental initiatives highlights the significance of united efforts in conservation. Those organizations investing in reforestation not only aid in carbon offsetting but also exhibit a commitment to corporate social responsibility, bolstering their brand and engaging stakeholders. Meanwhile, the Travel and Tourism Market represents an enormous opportunity for more tourists to positively affect the ecosystems they visit, ensuring their environmental footprint is beneficial through Regenerative Tourism. Regenerative tourism is an approach to travel and tourism that goes beyond the principles of sustainability. Instead of merely seeking to minimize the negative impacts of tourism on the environment and local communities, regenerative tourism aims to actively improve and regenerate the ecosystems, cultures, and economies of the destinations visited. It focuses on meaningful experiences that foster a deep connection between tourists and the destination, encouraging a sense of responsibility and participation in local conservation and cultural preservation efforts. It promotes practices that restore nature, rebuild social systems, and revitalize economies in ways that are holistic, inclusive, and forward-thinking. Businesses across

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Inkaterra Hotels Leading the Way in Sustainable Luxury, Conservation, and Regenerative Tourism in peru

Inkaterra Hotels: Leading the Way in Sustainable Luxury, Conservation, and Regenerative Tourism in Peru

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Inkaterra Hotels, renowned for their unparalleled luxury and commitment to conservation, have once again been recognized for their excellence in the hospitality industry. Five of their distinguished properties – Inkaterra La Casona, Inkaterra Hacienda Urubamba, Inkaterra Machu Picchu Pueblo Hotel, Inkaterra Hacienda Concepción, and Inkaterra Reserva Amazónica – have been nominated for the prestigious Travel + Leisure World’s Best Awards 2024. Moreover, Inkaterra, acclaimed as the third best in the World’s Best Hotel Brands in 2019, has received another nomination for the esteemed title of best hotel brand. This recognition underscores not only the exceptional service and experiences offered by Inkaterra Hotels but also their unwavering commitment to environmental sustainability, conservation efforts, and regenerative tourism. One of their numerous accolades stands out prominently – their Climate Positive certification. Discover the Wonders of the Peruvian Amazon at the Inkaterra Amazon Field Station: An Immersive Experience for Nature Enthusiasts, Researchers, Students, and Volunteers An enriching experience for natural lovers, researchers, students and volunteers, Amazon Field Station byInkaterra invites all guests to explore the Peruvian Amazon through interactive excursions, inspired by conservation initiatives managed by Inkaterra Asociación within the megadiverse rainforest. Inkaterra Hotels, deeply rooted in the Peruvian landscape, have made significant strides in mitigating their environmental impact while contributing to preserving Peru’s rich biodiversity. Their Climate Positive certification is a testament to their dedication to combatting climate change and protecting the natural wonders surrounding their properties. The concept of Climate Positivity goes beyond mere carbon neutrality; it involves actively removing more carbon dioxide from the atmosphere than the organization emits. Inkaterra Hotels achieves this through a multifaceted approach encompassing various sustainable practices across their properties. From reforestation initiatives to energy-efficient operations and community engagement, each aspect of their operations is meticulously designed to minimize environmental harm and maximize positive contributions to the ecosystem. In addition to their Climate Positive certification, Inkaterra Hotels are at the forefront of the regenerative tourism movement, pioneering innovative approaches that minimize their ecological footprint and actively regenerate the environments in which they operate. Inkaterra goes beyond sustainability to restore and rejuvenate the natural landscapes and communities surrounding their properties by implementing regenerative practices such as regenerative agriculture, reforestation, and ecosystem restoration. Through initiatives like their Spectacled Bear Conservation project and native tree planting programs, they empower local communities and promote biodiversity conservation, ensuring that their presence leaves a lasting positive impact on both the environment and the people who call these regions home. Inkaterra’s commitment to regenerative tourism enriches the guest experience. It serves as a beacon of hope for the future of responsible Travel worldwide. Inkaterra La Casona, nestled within the historic city of Cusco, seamlessly blends colonial charm with modern comforts while prioritizing sustainability. The property is a beacon of eco-conscious luxury, showcasing how heritage preservation and environmental stewardship coexist harmoniously. Meanwhile, Inkaterra Hacienda Urubamba offers guests a serene retreat in the Sacred Valley of the Incas, where breathtaking landscapes and cultural immersion go hand in hand with responsible tourism practices. In the heart of the Andean cloud forest, Inkaterra Machu Picchu Pueblo Hotel provides an enchanting escape for travelers seeking to connect with nature without compromising luxury. Here, guests can explore the lush surroundings while supporting conservation efforts to safeguard the delicate ecosystem. Venturing into the Amazon rainforest, guests of Inkaterra Hacienda Concepción and Inkaterra Reserva Amazónica are treated to an immersive wilderness experience like no other. These eco-lodges offer unparalleled opportunities for wildlife encounters and actively contribute to rainforest conservation through research, education, and sustainable tourism initiatives. As Inkaterra Hotels continues to garner acclaim for its exceptional hospitality and commitment to sustainability, it invites travelers worldwide to join it in its conservation journey. By voting in the Travel + Leisure World’s Best Awards 2024, guests can support responsible tourism practices and help elevate Inkaterra Hotels to greater heights of excellence. In a world where luxury often comes at the expense of the environment, Inkaterra Hotels is a shining example of how hospitality and conservation can converge to create unforgettable experiences while safeguarding the planet for future generations. Green Initiative and Forest Friends: Leading the Way Towards Regenerative Tourism and Sustainable Hospitality with Inkaterra Hotels As partners of Inkaterra Hotels, Green Initiative and Forest Friends are immensely proud of their dedication to sustainable practices, conservation, and regenerative tourism. We applaud their leadership in the hospitality industry and stand alongside them in their commitment to protecting the planet. We encourage other hotel brands worldwide to follow the example and contact us for guidance and support in implementing environmentally responsible initiatives through our Climate and Nature Positive advisory and certification processes. Together, we can make a significant difference in preserving our natural heritage. Written by Yves van Hemelryck, from the Green Initiative Team.

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Sustainable Urban Development A Comprehensive Approach to Climate Neutrality and Fast-Tracking Climate Action

Sustainable Urban Development: A Comprehensive Approach to Climate Neutrality and Fast-Tracking Climate Action

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In the ever-growing challenge of climate change, cities worldwide are taking center stage as they navigate the delicate balance between rapid urbanization and environmental sustainability. Combinig “Climate Neutrality and Sustainable Urban Development with Climate Action” serves as a comprehensive guide, outlining a roadmap for cities to achieve climate neutrality. This framework emphasizes the integration of diverse initiatives, addressing the multifaceted aspects of climate change. Simultaneously, the imperative of fast-tracking sustainable urban development with climate action is highlighted, showcasing the need for innovative strategies to transform urban landscapes into resilient, eco-friendly hubs. Understanding Climate Neutrality At the core of sustainable urban development lies the concept of climate neutrality, where cities strive to balance their greenhouse gas emissions with equivalent removal or offset measures. Achieving climate neutrality is a crucial milestone in the global effort to combat climate change, preventing further environmental degradation and securing a sustainable future for urban areas. Key Components of a Combined Climate Neutrality and Sustainable Urban Development Framework Cities that are making it possible There are many cities worldwide proving that sustainable urban development with climate action is prossible, such as Machu Picchu, the world’s first carbon neutral certified tourist destination and Bonito, a brazilian ecotourism destination whis is leading climate action by example, also as carbon neutral certified. Another example is the city of Curitiba, in Brazil, which has just been awarded as the world’s most sustainable smart-city in the world by the World Smart City Awards 2023. Conclusion Combining the “Climate Neutrality Framework” with the imperative of “Sustainable Urban Development with Climate Action” provides a holistic guide for cities. By integrating emission reduction strategies, renewable energy, sustainable transportation, circular economy practices, green infrastructure, community engagement, and innovative policies, urban centers can accelerate their transition to sustainable, resilient hubs. Embracing these initiatives positions cities as beacons of environmental responsibility, leading the way toward a more sustainable and climate-resilient future. At Green Initiative, we empower organizations to integrate climate action at the core of their business models, helping achieve decarbonization targets and comply with international climate action standards. Contact us here. by Yves Hemelryck, from the Green Initiative Team

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Sustainable Business Leadership Through Climate Positive Certification

Sustainable Business Leadership Through Climate Positive Certification

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Becoming climate positive certified can offer several benefits for a company, both in terms of its environmental impact and its business operations. Here are some reasons why a company might consider obtaining climate positive certification: Environmental Responsibility Climate positive certification signifies a company’s commitment to taking meaningful action to address climate change, meaning that your climate action has gone beyond neutrality, actually creating an environmental and climate benefit by removing additional carbon dioxide from the atmosphere. This can help enhance the company’s reputation as an environmentally responsible entity, appealing to environmentally conscious consumers, investors, and partners. Competitive Advantage In a market where sustainability is becoming increasingly important, being climate positive certified can give a company a competitive edge. Consumers and clients are more likely to support and engage with businesses that are taking concrete steps to reduce their carbon footprint and contribute to a more sustainable future. Risk Management Climate change poses significant risks to businesses, including supply chain disruptions, regulatory changes, and physical impacts. By becoming climate positive certified, a company can demonstrate to stakeholders that it is actively managing these risks and adapting to a changing climate. Innovation and Creativity Pursuing climate positive certification often requires a company to innovate and develop new processes, products, and technologies. This can lead to enhanced creativity within the organization and potentially open up new revenue streams from sustainable products and services. Attracting Talent Many employees, especially those from younger generations, are concerned about climate change and seek employment with companies that share their values. Being climate positive certified can help attract and retain top talent who are passionate about sustainability. Investor Appeal Climate positive certification can make a company more attractive to socially responsible investors who consider environmental performance as part of their investment criteria. This could potentially lead to increased access to funding and improved investor relations. Long-Term Viability Addressing climate change isn’t just about short-term gains; it’s about ensuring the long-term viability of the company in a world affected by climate-related challenges. By obtaining certification, a company demonstrates its commitment to being part of the solution, which can contribute to its overall sustainability and success. Regulatory Compliance As governments and international bodies implement more stringent regulations to mitigate climate change, being climate positive certified can position a company ahead of regulatory requirements, reducing the risk of non-compliance penalties. Stakeholder Engagement Climate positive certification can foster stronger relationships with various stakeholders, including customers, suppliers, communities, and NGOs. This engagement can lead to collaborative efforts and partnerships to address shared sustainability goals. Positive Brand Image Climate positive certification can significantly enhance a company’s brand image, showcasing its dedication to environmental stewardship and inspiring other businesses and industries to follow suit. Ultimately, becoming climate positive certified is not only a responsible decision for the planet but can also yield tangible business benefits by aligning a company’s operations with sustainability goals and positioning it as a leader in its industry. Empower Your Business Journey Towards Climate Positive Certification Today! Calling all visionary business owners and leaders! Unlock the transformative power of sustainability with our expert guidance towards climate positive certification. Elevate your business’s reputation as an environmental leader, gain a competitive edge in the sustainability-focused market, actively manage climate-related risks, foster innovation, attract top talent and investors, and strengthen stakeholder engagement. Let us guide you in shaping a more sustainable and successful future – contact us today to embark on the journey toward climate positive certification.

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Estância Mimosa is the first Climate Positive certified ecotourism attraction in the world

Estância Mimosa is the first Climate Positive certified ecotourism attraction in the world

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Addressing Climate Change in Tourism: The Glasgow Declaration’s Strategic Framework Climate change is one of the major problems faced by humanity today. Since 2021, the Glasgow Declaration has offered all actors in the tourism sector a strategic framework that encourages the internalization of climate actions in all areas of the tourism value chain: destinations, attractions, companies, and tourists. In this context, Estância Mimosa, a renowned ecotourism tour in Bonito, Mato Grosso do Sul, celebrates an unprecedented achievement for the world tourism sector. It became the first tourist attraction in the world to receive the Climate Positive Certification, granted by the international organization Green Initiative. This achievement highlights Estância Mimosa’s commitment and hard work since its foundation in 1999, not only towards environmental sustainability and the preservation of local biodiversity but also with the climate action goals proposed by the United Nations and the Glasgow Declaration for Tourism. To obtain this prestigious certification, Estância Mimosa started the Green Initiative Certification Cycle in 2023, demonstrating compliance with the organization’s strict criteria of sustainability and environmental responsibility. With this perspective in mind, the INTERNATIONAL SEMINAR ON CLIMATE ACTION IN TOURISM took place in Bonito on July 27, 2023. The event featured the participation of Dr. Saulo Rodrigues, Sustainability and Climate Action Manager, representing the Ministry of Tourism, Edson Barros, as well as Dr. Daniel Galvan from UNFCCC, and Virginia Fernandez-Trapa from the World Tourism Organization, among other stakeholders from the national tourism sector. Estância Mimosa: Leading the Way as a Climate Positive Certified Attraction The Climate Positive Certification demonstrates that Estância Mimosa not only has a neutral balance between its emissions, captures, and offsets but also actively contributes to the mitigation of climate change by preserving and recovering native forests within the limits of the attraction, which account for more than 84 % of the total area of ​​the property. The preservation of these forests guarantees that the carbon in their biomass is not released into the atmosphere through exploitation, and it allows more carbon to be captured by plants during forest restoration. Sustainable Ecotourism Throughout the project, all sources of greenhouse gas emissions from the attraction were quantified for the year 2022 and classified into four categories proposed by the ISO 14064 methodology, namely: The carbon footprint calculation was carried out following the principles of Relevance, Completeness, Consistency, Transparency, and Precision, considering the complete scope 1, 2, and 3 of the attraction. This means that all emissions relating to the operation and the business value chain were assessed in a detailed and standardized manner to allow the comparison of results in the coming years and show the effect of the reduction measures that will be taken. All raw materials used in the attraction were accounted for, from the consumption of fuel and paper to the consumption of rice, meat, and beans. Among the results, we have that the emissions of Estância Mimosa in 2022 were 277.76 tons of CO2 equivalent, which results in 12.46kg of CO2 per visitor received in 2022. The analysis of carbon capture in 2022 was carried out by combining detailed maps of the property’s vegetation cover using UAV technology, satellite images, and studies of forest inventory and carbon capture. ​​Estância Mimosa is a rural property with a significant extension of primary forests and forest regeneration areas, also officially protected by a private reserve – RPPN. This survey found that the forest regeneration areas, equivalent to 89 hectares, captured a total of 460.36 tons of CO2 in their aerial biomass throughout 2022, which is greater than the total emissions of the attraction. Regeneration areas have an accelerated accumulation of biomass in their initial phase of development, which then tends to decrease as the forest becomes more mature. In addition, the carbon stock present in primary forest areas was estimated, which in addition to avoiding greenhouse gas emissions, has an apparent effect on environmental additionality in the region since it is home to a wide range of birds, mammals, and other animals, already identified on the property. Luiza Coelho, Sustainability Director at Estância Mimosa, expressed her gratitude for the recognition and highlighted the attraction’s ongoing commitment to promoting sustainable practices and inspiring other companies in the sector to follow this path. “The Carbon Neutral Certification in the Climate Positive category is an extraordinary milestone for Estância Mimosa and an incentive for us to continue our work in the pursuit of excellence in sustainable ecotourism. We are proud to be leaders in this journey, and we thank all those involved who made it possible “. The Award The Climate Positive Certification was awarded to Eduardo and Simone Coelho, Directors of the Rio da Prata Group (www.gruporiodaprata.com.br), of which Estância Mimosa is part, during the Seminar on Climate Action in Tourism: Global Challenges and Local Opportunities for Innovation, an event held at Sebrae, Bonito, MS on July 27, 2023. About Estância Mimosa Located in Bonito, Mato Grosso do Sul, Estância Mimosa is an acclaimed ecotourism tour known for its lush nature, well-preserved trails, and stunning waterfalls. Committed to sustainability, it offers visitors memorable experiences in harmony with nature. The site is the only tourist attraction in Bonito (MS) that offers trails and waterfalls within a private reserve – RPPN in which it is possible to enjoy direct contact with preserved nature, walk along trails through the forest, see more than 255 species of birds or come across one of the 32 species of cataloged mammals. More information: http://www.estanciamimosa.eco.br Press Contact Name: Luiza Coelho Position: Director of Sustainability of Grupo Rio da Prata E-mail: [email protected] Phone: 5567999389064 Become a Climate and Nature Positive Business Green Initiative Certifications are a crucial step towards promoting sustainability and responsible environmental practices across various industries. These certifications are awarded to organizations and businesses that demonstrate a genuine commitment to reducing their carbon footprint, conserving natural resources, and mitigating the impacts of their operations on the environment. By adhering to rigorous standards and guidelines, companies can quantify their greenhouse gas emissions, identify areas for improvement, and implement

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Milagros - the first climate positive animated film - Green Initiative - Forest Friends

A new standard for animated film production: milagros an extraordinary bear – the world’s first climate-positive animated film

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“Milagros: An Extraordinary Bear” sets a new standard in the global film industry, demonstrating that all economic sectors, including entertainment, can contribute to the decarbonization of the economy. The film “Milagros: An Extraordinary Bear” is a Peruvian production by Chaska Entertainment, directed by renowned filmmaker Eduardo Schuldt and based on the work of Peruvian writer Hernán Garrido-Lecca, winner of the prestigious National Environmental Award in 2014. The film’s plot revolves around Milagros, an intelligent and brave bear with the fantastic ability to understand human language. Milagros and her friends face the challenges of nature and human cruelty as she fights to protect her brother and preserve her species. “Milagros: An Extraordinary Bear” combines exciting adventures and funny moments, touching the hearts of young and old alike. It goes beyond mere entertainment, however, as it conveys a powerful message about the importance of ecological restoration and the need to protect our precious environment. CLIMATE POSITIVE CERTIFICATION The Peruvian film “Milagros: An Extraordinary Bear” has obtained the distinguished “Climate Positive” certification by Green Initiative, marking a milestone by becoming the first animated film worldwide to achieve a beneficial impact on the environment. During its production, it strictly adhered to the rigorous international procedures and standards for climate action established by the United Nations. Obtaining Climate Positive certification from Green Initiative means its climate-related actions have gone beyond neutrality, actively contributing to significant environmental and climate benefits by reducing additional carbon dioxide in the atmosphere. CERTIFICATION PROCESS In February 2023, the climate certification process began, comprising three complementary stages: Leading companies supported the film production to obtain its climate-positive impacts,  showcasing through their participation in the Forest Friends project their engagement in enhancing nature and climate-positive impacts. FOREST FRIENDS CERTIFICATION: AN INITIATIVE TO SUPPORT REFORESTATION AND ECOSYSTEM RESTORATION Forest Friends is a Nature Positive Certification developed by Green Initiative, designed to actively support reforestation efforts that contribute to wildlife and ecosystem restoration. This certification is awarded to organizations committed to nature positive impacts through ecosystem restoration following the United Nations Decade of Ecosystem Restoration Standards. Learn all about the Science Based Milagros Nature Positive Forest Friends Ecosystem Restoration Project and Goals here https://greeninitiative.eco/milagros-and-friends/ . You too, can support this beautiful initiative! Contact us to learn about our certifications and how we can help your business become Nature and Climate Positive.

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