Climate Action Archives - Page 4 of 15 - Green Initiative - For a Climate and Nature Positive Planet

Carbon Credits in 2025: A Turning Point for Climate Action?

The global carbon market is reaching a critical juncture. As climate action accelerates, governments, businesses, and financial institutions are increasingly integrating carbon credits into their sustainability strategies. However, challenges such as transparency, credibility, and market fragmentation persist. Could 2025 be the year that carbon credits transition from a supplementary tool to a mainstream climate action mechanism? Why Carbon Markets Matter for Climate Action Carbon credits play a crucial role in reducing greenhouse gas emissions, enabling companies to offset their carbon footprint through verified climate and nature positive initiatives. As regulatory frameworks evolve and demand for high-integrity carbon credits rises, businesses face growing pressure to make credible sustainability commitments. Wendy Chen, in her article for Climate & Capital Media, explores the key drivers shaping the carbon market, including policy incentives, technological advancements, and small and medium-sized enterprises (SMEs). Inspired by her insights, we examine whether 2025 could be the defining moment for carbon markets. Will Policy Incentives Make 2025 a Game-Changer? Governments are increasingly shaping carbon markets with stronger policies, aiming to ensure the credibility and accessibility of carbon credits. The integration of voluntary and compliance markets is a critical factor in determining whether 2025 will be a breakthrough year. Technological Innovations Strengthening Carbon Markets With the rise of artificial intelligence, cloud computing, and data centers, the tech sector’s carbon footprint has grown significantly. Leading corporations are responding by integrating carbon credits into their sustainability roadmaps, helping shape the future of carbon markets. SMEs and the Growing Role of Carbon Credits Historically, large corporations dominated carbon markets, but SMEs are now becoming key players in both the demand and supply of carbon credits. New Standards Enhancing Carbon Market Integrity As carbon markets scale, new standards are emerging to ensure accountability. Organizations like the Integrity Council for the Voluntary Carbon Market (ICVCM) and the Science-Based Targets initiative (SBTi) are raising the bar for carbon credit verification, helping build trust and drive market growth. The Expanding Role of Nature-Based Solutions Nature-based solutions such as reforestation, blue carbon projects, and regenerative agriculture are crucial for achieving climate and nature positive outcomes. These approaches help absorb CO₂ while preserving biodiversity and supporting local communities. Increasing investment in these projects will be vital in ensuring the integrity and impact of carbon credits. Are Carbon Removal Technologies the Future? Beyond traditional carbon offsets, businesses are investing in direct air capture (DAC), biochar, and enhanced weathering to permanently remove carbon from the atmosphere. These emerging technologies are gaining traction as companies seek long-term, high-impact solutions for carbon neutrality. Beyond Offsetting: Corporate Climate Strategies for 2025 While carbon offsetting remains an essential tool, many corporations are shifting towards insetting, integrating emission reduction measures directly within their supply chains. Companies like Nestlé and Unilever are investing in regenerative agriculture to cut emissions at the source, marking a broader transition toward holistic sustainability strategies. Financial Institutions and the Growth of Carbon as an Asset Class Banks, asset managers, and institutional investors are increasingly incorporating carbon credits into green bonds, carbon ETFs, and structured carbon finance mechanisms. As carbon markets mature, financial backing will be essential for scaling high-quality, impact-driven climate projects. Challenges and Opportunities in 2025 While the carbon credit market is expanding, hurdles such as additionality concerns, double counting, and verification inconsistencies still exist. Addressing these challenges will be crucial to ensuring carbon markets deliver real climate action and economic benefits. If 2025 is to be the turning point for carbon credits, stakeholders must work collaboratively to improve transparency, accessibility, and governance. With strong regulatory frameworks, technological innovation, and financial backing, carbon markets could become a cornerstone of global decarbonization efforts. At Green Initiative, we believe in advancing high-integrity carbon markets and guiding businesses on their path to net-zero emissions. As demand for climate and nature positive solutions grows, we support organizations in leveraging carbon finance opportunities for tangible environmental impact. This article was inspired by Wendy Chen’s insights in Climate & Capital Media. Her analysis provides valuable perspectives on the evolving carbon market landscape. Read her article here.

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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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Financing the Green Future: Principles for Tracking Climate Mitigation Investments

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As most of the world intensifies efforts to combat climate change, the role of climate finance has become increasingly vital. The Paris Agreement has set an ambitious goal: to keep global temperature rise well below 2°C, with a strong commitment to limiting it to 1.5°C. Achieving this target requires a fundamental transformation of the global economy, shifting investments away from high-emission industries and toward nature-positive solutions, such as renewable energy, sustainable transport, and green infrastructure. However, ensuring that financial flows genuinely align with climate goals requires a transparent, standardized framework for tracking and reporting climate mitigation investments. The Common Principles for Climate Mitigation Finance Tracking, developed by multilateral development banks (MDBs) and the International Development Finance Club (IDFC), serve this purpose by establishing clear eligibility criteria for climate-positive investments while excluding those that undermine long-term decarbonization efforts. This article explores the key principles of climate mitigation finance tracking, the sectors benefiting from green investments, and the future of financial strategies aimed at accelerating climate action. The Role of Climate Mitigation Finance Climate mitigation finance is a crucial tool for supporting the transition to a net-zero economy. It ensures capital is directed toward investments that: 1. Reduce or Avoid Greenhouse Gas (GHG) Emissions Reducing greenhouse gas (GHG) emissions is a core pillar of climate mitigation finance, as it directly addresses the root cause of global warming. By shifting investments toward clean energy, low-emission transport, and energy-efficient infrastructure, we can significantly cut carbon emissions while driving economic growth and innovation. Key strategies include transitioning from fossil fuels to renewable energy sources, electrifying transportation systems, and enhancing energy efficiency in buildings and industries. These measures not only reduce dependence on high-carbon energy but also create a foundation for a sustainable, net-zero future. 2. Enhance Carbon Sequestration While reducing emissions is crucial, it is equally important to remove existing carbon dioxide (CO₂) from the atmosphere to mitigate climate change effectively. Carbon sequestration plays a key role in this effort by capturing and storing CO₂ through natural and technological solutions. Investments in reforestation and afforestation restore forests that act as natural carbon sinks, while regenerative agriculture enhances soil health, increasing its capacity to store carbon. Additionally, carbon capture and storage (CCS) technologies provide an industrial-scale solution by trapping CO₂ from power plants and factories before it enters the atmosphere. These approaches work together to offset emissions and contribute to a climate-positive economy. 3. Transition High-Emission Industries Heavy industries such as steel, cement, and chemicals are among the largest contributors to global carbon emissions. Decarbonizing these sectors is essential for achieving a net-zero economy, but doing so requires targeted investments in innovative, low-carbon technologies. One of the most promising solutions is green hydrogen, which serves as a clean alternative to fossil fuels in industrial processes. Additionally, circular economy initiatives—such as waste reduction, recycling, and material reuse—help lower emissions by minimizing resource consumption. The adoption of sustainable construction materials, such as carbon-negative cement and recycled steel, further reduces the environmental impact of the building sector. Without a robust system for tracking climate-positive investments, financial flows could be misallocated to projects that offer only short-term emission reductions while reinforcing long-term fossil fuel dependency. The Common Principles ensure that financial institutions prioritize truly sustainable climate investments. Key Principles for Climate Mitigation Finance Tracking The Common Principles categorize climate mitigation finance into three distinct groups, ensuring investments are aligned with the Paris Agreement and contribute to a nature-positive global economy. 1. Negative- or Very-Low-Emission Activities To achieve a net-zero future, investments must prioritize projects that produce little to no greenhouse gas emissions while actively contributing to deep decarbonization. These activities are fully aligned with global climate targets and represent the most effective pathways toward long-term sustainability. Key areas of investment include renewable energy, such as solar, wind, hydropower, and geothermal, which replace fossil fuels and provide clean, sustainable electricity. Additionally, carbon sequestration projects—including reforestation, soil carbon restoration, and blue carbon initiatives (e.g., mangrove and seagrass restoration)—help remove CO₂ from the atmosphere. Further advancements in low-carbon industrial production are also essential. Technologies such as green hydrogen, carbon-negative cement, and bioplastics provide viable alternatives to traditional, high-emission materials, reducing the environmental impact of key industries. These projects form the foundation of a climate-positive economy and ensure that financial investments drive real, lasting change toward a sustainable world. These projects are fully aligned with net-zero targets and drive deep decarbonization. Examples include: 2. Transitional Activities While the ultimate goal is a fully decarbonized economy, some industries and systems require an intermediate phase to reduce emissions before achieving full sustainability. Transitional activities play a crucial role in this process by improving the efficiency of existing infrastructure while minimizing reliance on fossil fuels. However, these projects must be carefully managed to avoid long-term carbon lock-in and ensure they serve as stepping stones toward net-zero solutions. Key transitional strategies include industrial energy efficiency upgrades, which can reduce emissions by 30–50% through advanced technologies such as waste heat recovery, automation, and energy-efficient manufacturing processes. In the transport sector, hybrid vehicle adoption provides an interim solution, lowering emissions while paving the way for full electrification and hydrogen-powered mobility. Additionally, retrofitting buildings with energy-efficient solutions, such as heat pumps, green roofs, and smart grid integration, helps reduce energy consumption and carbon footprints. By ensuring that transitional activities remain aligned with long-term decarbonization goals, financial investments can maximize climate benefits while accelerating the global shift toward sustainable energy, transport, and industry. These projects reduce emissions in existing systems but still involve some reliance on fossil fuels. They must not create long-term carbon lock-in. Examples include: 3. Enabling Activities Achieving a net-zero economy requires not only direct emissions reductions but also a strong support system that enables the widespread adoption of climate-positive technologies and practices. Enabling activities play a crucial role in facilitating this transition by providing the financial, regulatory, and technological infrastructure needed to scale up green investments. Key enabling strategies include green bonds and sustainability-linked finance mechanisms, which provide dedicated funding for climate mitigation projects. These financial instruments

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Powershoring: A Game-Changer for Climate Action and Sustainable Industry

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“Powershoring is a corporate strategy designed to serve international markets by relocating energy-intensive industries to locations with clean, secure, cheap, and abundant energy,” explains Jorge Arbache, professor of economics and the originator of the concept. This innovative approach addresses sustainability, energy security, and economic efficiency while strengthening global supply chains. Unlike reshoring, nearshoring, or friendshoring—strategies often influenced by political and trade policies—powershoring is a business-driven model that prioritizes low-carbon industrial production, cost efficiency, and strategic proximity to consumer markets. As industries seek climate and nature-positive solutions, powershoring is emerging as a key enabler of decarbonization, energy transition, and green supply chain resilience. The Strategic Importance of Powershoring for Climate Action Historically, globalization prioritized low labor costs, leading to industrial concentration in Asia and other cost-effective regions. However, new economic and environmental realities are reshaping corporate priorities. Key drivers of this shift include: ✅ Climate Action & Net-Zero Goals – Reducing CO₂ emissions in industrial production.✅ Extreme Weather Events & Energy Disruptions – Increasing supply chain vulnerabilities.✅ Renewable Energy Transition – The need for stable, clean, and cost-effective energy sources.✅ Geopolitical Stability & Trade Security – Reducing risks from political and economic tensions.✅ Market Competitiveness & Green Economy Growth – Meeting global demand for sustainable, low-carbon products. According to Jorge Arbache, “Countries that combine renewable energy infrastructure, attractive labor and energy costs, and geopolitical stability stand to benefit the most from powershoring.” Powershoring offers a sustainable and cost-effective industrial strategy, ensuring long-term competitiveness in a world transitioning towards climate and nature-positive economies. Who Benefits from Powershoring? Countries and industries that meet specific clean energy, infrastructure, and economic criteria are best positioned to capitalize on powershoring. 1. Nations with Clean and Abundant Renewable Energy Countries with strong solar, wind, hydro, biomass, and geothermal energy resources can offer low-cost, sustainable electricity, attracting energy-intensive industries.📌 Examples: Brazil, Uruguay, Paraguay, Costa Rica, Norway, Iceland, Canada. 2. Regions Close to Major Consumer Markets Strategically located regions with clean energy and strong logistics enable industries to minimize transportation costs and carbon emissions.📌 Example: Latin America and the Caribbean (LAC), with proximity to North America and Europe. 3. Emerging Economies with Competitive Costs Developing nations with affordable labor, green energy incentives, and robust infrastructure offer a cost-effective and sustainable alternative for industrial relocation.📌 Examples: Brazil, Colombia, Peru, Chile. 4. Energy-Intensive Multinational Corporations Companies in steel, aluminum, glass, fertilizers, cement, automotive, and chemicals can reduce emissions, secure renewable energy, and align with sustainability regulations. 5. Consumers and Governments Powershoring enables the production of low-carbon goods at competitive prices, helping governments meet climate targets and consumers access sustainable products. Our research indicates that these beneficiaries align with real-world market trends. Sectors such as automotive, green steel, and industrial chemicals are already shifting towards low-carbon production hubs, confirming that powershoring is an emerging reality in the global energy transition. How Powershoring Accelerates the Green Transition Jorge Arbache highlights the role of powershoring in decarbonization and economic growth, stating: “By relocating industries to regions with clean, secure, and affordable energy, powershoring accelerates the global shift to a low-carbon economy while reducing costs for companies and consumers.” Key Climate and Economic Benefits: ✔ Access to cost-competitive renewable energy✔ Lower carbon footprints in industrial production✔ Stronger supply chain resilience✔ Compliance with strict environmental regulations✔ Accelerated innovation in green technologies Reports from IRENA and the United Nations Industrial Development Organization (UNIDO) confirm that industries relocating to clean-energy hubs can cut emissions by up to 40% while maintaining cost efficiency. This strategy aligns corporate interests with global climate action, ensuring that economic growth and environmental responsibility go hand in hand. Challenges and Risks of Powershoring Despite its advantages, powershoring is not without risks. Companies and governments must proactively address potential challenges, including: 🚧 Regulatory Barriers – Inconsistent policies delaying industrial investments.💸 High Initial Costs – Infrastructure and workforce training investments.🌎 Geopolitical Uncertainty – Trade policies and international conflicts affecting energy supply.⚡ Energy Price Volatility – Renewable energy dependence on weather conditions.🏭 Supply Chain Adaptation – The integration of new industrial hubs into global value chains. At Green Initiative, we reviewed global industrial policies and found that clear regulations, trade agreements, and investment incentives are crucial for successful powershoring implementation. Governments must ensure policy stability and support infrastructure development to mitigate these risks. Latin America’s Competitive Edge in Powershoring Latin America (LAC) is emerging as a global leader in powershoring due to its: ✅ High renewable energy share – Countries like Uruguay, Costa Rica, and Paraguay operate on nearly 100% renewable electricity.✅ Abundant green fuel resources – Including ethanol, biodiesel, and green hydrogen.✅ Strategic market proximity – Reducing emissions and costs for exports to North America and Europe.✅ Favorable investment climate – With strong policies for sustainable industrial development. Brazil, in particular, stands out. Arbache notes, “Brazil has an extensive renewable energy infrastructure, a highly integrated electricity grid, and significant industrial hubs, making it an ideal powershoring destination.” Powershoring’s Strategic Benefits for Europe and China 🌍 Europe: Strengthening Green Industry & Reducing Costs Europe faces rising energy prices, supply chain instability, and net-zero policy pressures. Powershoring provides a cost-effective strategy for European industries to: ✔ Secure renewable energy at lower costs✔ Reduce dependency on fossil fuel imports✔ Enhance industrial competitiveness and sustainability✔ Meet EU Green Deal targets efficiently 🇨🇳 China: Expanding Access to Clean Markets Although powershoring is often viewed as a Western strategy, China can also benefit. By investing in clean energy hubs abroad, China can: ✔ Diversify trade partnerships with sustainable economies✔ Expand access to green technologies✔ Improve its global reputation as a climate leader✔ Reduce carbon-related trade barriers The Role of Governments and Global Institutions To maximize powershoring’s potential, governments and financial institutions must create strong policy frameworks and investment incentives. 🏗 Infrastructure Expansion – Ports, industrial zones, and renewable energy grids.💰 Green Financing & Incentives – Tax benefits and investment de-risking.📜 Regulatory Stability – Clear and consistent environmental policies.🎓 Workforce Training – Skilled labor programs for green industries.📢 International Promotion – Positioning powershoring as a climate-positive investment strategy. Development banks like IDB,

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Green Initiative Spotlights Exploring Nature, Climate & Land Through International Law and Public Policy

Green Initiative Spotlights: Advancing Climate Action Through International Law and Public Policy

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The intersection of nature, climate, and land governance is a critical focus in today’s global sustainability discourse. The upcoming Nature, Climate & Land: International Law & Public Policy Roundtable promises to be a pivotal event in addressing these pressing concerns. Scheduled for Thursday, February 6, 2025, at 2:00 PM, this event will take place at The Finley Library within The Lauterpacht Centre for International Law. A Platform for Climate Action, Law, and Governance Organized by Climate Law and Governance, the roundtable will serve as a hub for discussions on how international law and public policy can better address environmental challenges and drive effective climate action. As climate change intensifies, legal and policy frameworks must evolve to protect natural ecosystems, mitigate climate risks, and ensure equitable land management practices. Key Topics and Discussions The roundtable will convene leading experts, policymakers, and academics to delve into critical topics, including: Why This Event Matters for Climate Action This roundtable is an opportunity for stakeholders across industries to gain insights into the legal and policy solutions driving sustainability and climate action efforts. By bridging law, policy, and climate science, the event will catalyze new approaches to managing environmental challenges on a global scale. Attending this roundtable will be particularly beneficial for: Join the Conversation With global environmental challenges demanding urgent and coordinated climate action, this event provides an excellent opportunity to engage in meaningful dialogue and influence the future of climate law and governance. For more information and to register, visit the event page.

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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

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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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A Missed Opportunity: The UK Climate and Nature Bill Delay and Its Global Implications

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The UK government’s recent decision to delay the debate on the Climate and Nature Bill until July represents a significant setback in the global fight against climate change and biodiversity loss. Passed by 120 votes to seven to end discussions for now, the motion sends a troubling message about the urgency of addressing these twin crises. This decision, while seemingly administrative, has profound implications for climate action, biodiversity conservation, and sustainable development. The Consequences of Delay Time is not a luxury in the battle against climate change. Delaying critical legislation like the Climate and Nature Bill creates a policy vacuum that hinders progress on both national and international climate goals. As global leaders in climate action, organizations such as Green Initiative and Forest Friends emphasize the importance of maintaining legislative momentum to meet international commitments like the Paris Agreement and the Glasgow Declaration on Climate Action in Tourism. 1. Legislative Stagnation Undermines Climate Goals The postponement of the Climate and Nature Bill directly impacts the UK’s ability to implement policies that drive emissions reductions and protect vulnerable ecosystems. This delay is a missed opportunity to provide businesses, communities, and individuals with the regulatory framework needed to transition to a low-carbon economy. For Green Initiative, which certifies businesses for climate-positive practices, such inaction highlights the critical need for private-sector leadership to bridge the gap. 2. Biodiversity Left in the Balance From Forest Friends’ perspective, the delay further endangers fragile ecosystems and species already under threat. Legislation like the Climate and Nature Bill is crucial for safeguarding natural habitats and implementing nature-based solutions that combat both biodiversity loss and climate change. Without timely action, the UK risks falling behind in global efforts to restore ecosystems and protect biodiversity. Business Uncertainty in the Wake of Policy Inaction Delaying this bill creates uncertainty for businesses striving to align with future climate regulations. The lack of a clear policy framework makes it challenging for companies to invest in sustainable practices confidently. Green Initiative sees this as a call for businesses to take the lead in climate action, embracing voluntary certifications and proactive decarbonization strategies to mitigate risks and demonstrate their commitment to sustainability. In the tourism sector, the ripple effects are particularly concerning. Tourism contributes significantly to global emissions, and robust policies are needed to guide the industry toward decarbonization. Green Initiative, a leading certifier in tourism, stresses the importance of aligning with initiatives like the Glasgow Declaration to reduce emissions, regardless of governmental delays. The Role of Grassroots and Private Sector Leadership While policy delays are discouraging, they also highlight the power and responsibility of grassroots movements and private organizations. Forest Friends emphasizes the importance of community-led initiatives to restore ecosystems and promote sustainable practices, filling the void left by slow governmental action. Similarly, Green Initiative’s work demonstrates how businesses can adopt climate-positive practices independently, setting an example for peers and influencing policy indirectly through market pressure. A Call to Action The delay of the Climate and Nature Bill is a wake-up call for all stakeholders—governments, businesses, and individuals. The path forward requires collective responsibility: Seizing the Moment The current pause in the UK’s legislative process should be seen not as an end but as a chance to regroup and push harder for meaningful action. Organizations like Green Initiative and Forest Friends stand ready to support businesses, policymakers, and communities in driving progress. The challenges of climate change and biodiversity loss demand urgency, innovation, and collaboration—qualities we must all embrace to secure a sustainable future. “As we learn and evolve that aspects of economic development and prosperity can go hand in hand with climate and nature-positive action, a new generation of businesses and industries will arise, generating more jobs for the benefit of all.” By turning this delay into an opportunity for reflection and renewed commitment, we can ensure that climate and nature remain at the forefront of public and private agendas. Written by Yves Hemelryck, from the Green Initative Team. Suggested reading: Climate and Nature Bill falls as MPs vote to end debate – BBC.com

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Green Initiative, AlphaMundi, and Bankamoda: Driving Sustainability and Social Impact in the Fashion Industry

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A Game-Changing Partnership for Climate Action and Financial Inclusion In a groundbreaking collaboration, Green Initiative, AlphaMundi Group, and Bankamoda are joining forces to address climate change while empowering underserved communities in the fashion industry. This partnership, which merges environmental sustainability with financial inclusion, marks a significant step toward decarbonizing operations, achieving climate certifications, and fostering social equity in the fashion sector. Leading Financial Inclusion in Colombia’s Fashion Industry As Colombia’s premier fintech for the fashion industry, Bankamoda provides critical financial support to micro, small, and medium-sized enterprises (MSMEs). This sector, where 90% of businesses are unbanked and 82% of employees are women heads of households, represents a key opportunity for social impact. With access to a USD 8 billion fashion market and a projected 14% annual growth in its loan portfolio from 2022 to 2027, Bankamoda is driving economic development and gender equity. This strategic growth positions Bankamoda as both a financial inclusion leader and a vital contributor to Colombia’s fashion economy. Accelerating Climate Certification and Operational Decarbonization Through this partnership, Bankamoda is collaborating with Green Initiative to integrate climate-smart operational processes and achieve Climate Certification. This effort will set new benchmarks for sustainable innovation within the fintech sector while positively influencing Bankamoda’s value chain and client portfolio. By decarbonizing its operations, Bankamoda is not only enhancing its environmental impact but also differentiating itself as a forward-thinking financial institution in the global climate arena. Green Initiative is at the forefront of making climate finance accessible to businesses, especially those in emerging markets. Through simplified sustainability rating tools, certification guidance, and impact monitoring, Green Initiative ensures that resources are efficiently allocated to companies driving climate action. As a leader in impact investing, AlphaMundi Group is committed to funding enterprises that deliver measurable social and environmental benefits. By integrating carbon certification and net-zero strategies, AlphaMundi’s investments align with the United Nations Sustainable Development Goals (SDGs), fostering long-term resilience in the sectors it supports, including financial inclusion and renewable energy. The partnership between Green Initiative, AlphaMundi, and Bankamoda demonstrates how strategic collaboration can drive meaningful climate action while promoting financial inclusion. Together, we are creating a model for industry-wide transformation, empowering communities, and building a more sustainable and inclusive world.

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Let’s Make 2025 the Year of Climate and Nature Positive Action

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As we enter 2025, the urgency to address climate change and biodiversity loss has never been greater. But there’s hope and momentum—by planning and acting intentionally, we can create a positive impact for the planet. In 2024, Copernicus Climate Change Service indicates global temperatures exceeded 1.5°C above pre-industrial levels for the first time, marking a significant milestone in climate change. This unprecedented warming has led to more frequent and severe climate-related disasters, such as wildfires, floods, and heatwaves, underscoring the urgent need for comprehensive climate action. The breach of this critical threshold highlights the importance of implementing sustainable practices and policies to mitigate further environmental degradation. At Green Initiative, we’re here to help individuals, communities, and businesses make 2025 a year of bold and meaningful climate and nature-positive progress. Here’s how you can start planning: 1. Set Clear Goals for Climate and Nature Positivity The journey to becoming climate positive goes beyond reducing emissions—it involves actively restoring the planet. This could mean switching to renewable energy, improving energy efficiency, or supporting reforestation efforts. Businesses can also take an important step by getting certified as Climate Positive, Carbon Neutral, or Carbon Measured. Certification ensures transparency and accountability in your sustainability goals. If you’re ready to get started or need to prepare for recertification, learn more here. 2. Partner with Forest Friends for Ecosystem Restoration Reforestation is one of the most impactful ways to fight climate change and restore biodiversity. At Forest Friends, we make it easy for you to plant native trees in critical areas, and you can even gift the trees planted to friends and those you love. By supporting Forest Friends efforts, you’re not just offsetting carbon emissions—you’re revitalizing ecosystems and empowering local communities. Forest Friends also provides tools to calculate your carbon footprint and track the impact of your contributions. 3. Embrace Everyday Sustainability Small, consistent actions in your daily life can lead to big changes over time: 4. Get Certified or Prepare for Recertification For businesses and organizations, certifications are an essential way to demonstrate your commitment to sustainability. Climate-positive and carbon-neutral certifications not only help the planet but also resonate with customers and stakeholders who value transparency. If you’re new to the process or gearing up for recertification in 2025, this guide offers all the details you need to get started. If you are in the travel and tourism industry, read our Climate Action Guide for Tourism Businesses and Destinations and catch up on the best regenerative travel and tourism practices. 5. Advocate and Collaborate Spread the word about climate and nature-positive actions in your networks. Advocate for policies that support sustainability and partner with like-minded organizations to amplify your impact. Collaboration strengthens individual efforts and drives systemic change. Why 2025 is Crucial This year is a pivotal moment for global sustainability efforts. The choices we make now will shape our collective future. Whether you’re planting trees with Forest Friends, pursuing a climate certification, or reducing your carbon footprint, every action counts. Let’s make 2025 a year of bold, meaningful change. Together, we can create a future where both people and nature thrive. Ready to act? Contact us to explore our climate certifications and visit Forest Friends to support reforestation today.

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