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

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

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

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The UK Climate and Nature Bill

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

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

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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Olas Perú: The World's First Carbon Neutral Surf School

Olas Perú: The World’s First Carbon Neutral Surf School

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On Tuesday, December 17, 2024, the renowned surf school Olas Perú made history by becoming the first surf school in the world to receive Carbon Neutral Certification. This achievement highlights its commitment to sporting excellence and talent development and underscores its dedication to climate action.Green Initiative awarded the certification during a ceremony held at the Municipal Palace of Miraflores, a district internationally recognized as Surf City due to its significance as a tourist and sports destination. Recognition for Climate Action The ceremony brought together prominent representatives from the tourism and sports sectors, including the participation of representatives from the Municipality of Miraflores, the Australian Ambassador to Peru, Maree Ringland and Omar Afa, from Yutong. Joel Koechlin, President of the National Tourism Chamber of Peru (CANATUR), emphasized the importance of climate action, stating: “Today, all businesses have a responsibility to understand their carbon footprint and find solutions to reduce it through our daily activities, raising awareness of its importance and positive impact on the planet.” Similarly, Roberto Meza, General Manager of Olas Perú, highlighted the significance of this achievement for the surfing industry, stating: “The Carbon Neutral certification is a milestone that sets a precedent in our discipline and encourages other organizations in the sector to make changes in favor of the planet.” Surfing and Climate Change: A Local Challenge with Global Impact Climate change is increasingly affecting various industries, including surfing. This thrilling activity, which represents a way of life for many people, faces significant challenges due to environmental impacts and climatic variations. From rising sea levels to shifts in wave patterns, climate change is altering oceans in harmful ways, threatening the future of sport. In this context, Olas Perú, founded in 1992, has embraced climate commitment as an essential part of its identity. With its recent Carbon Neutral certification, the school demonstrates that sustainable practices and climate action can go hand in hand with promoting the sport. Measuring and Offsetting the Carbon Footprint Olas Perú measured and offset its carbon footprint for 2023 as part of a rigorous process adhering to international standards. This process involved calculating the total greenhouse gas (GHG) emissions generated directly and indirectly by the organization during that year. The sources of emissions from Olas Perú’s activities were identified to determine its carbon footprint. These included aspects such as the transportation of materials and people and the use of resources necessary for its operations. This analysis not only quantified the emissions but also identified the primary sources of responsibility, paving the way for progressively implementing mitigation measures and promoting more sustainable practices to reduce the organization’s carbon footprint. Advancing Toward Decarbonization The ceremony also marked a significant step toward decarbonization with Yutong’s delivery of an electric truck. The integration of this vehicle and the implementation of various mitigation measures will significantly reduce greenhouse gas (GHG) emissions in the coming years, reaffirming Olas Perú’s commitment to meeting its climate goals. Omar Afa, Commercial Manager of Yutong, highlighted the importance of this achievement, stating: “This certification is a historic milestone that symbolizes not only an accomplishment but also a commitment to the planet, serving as an example of leadership and vision for everyone.” A Sustainable Future for Surfing With this milestone, Olas Perú strengthens its leadership in promoting surfing and building a more sustainable future for the sport. The school positions itself as a model for other sports organizations, demonstrating that commitment to the environment is as vital as developing athletic skills. Written by Musye Lucen, from the Green Initiative team

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Mato Grosso do Sul Recognized Among Top 3 in Brazil’s Best ESG Practices for Sustainable Tourism - Photo Credits Daniel De Granville

Mato Grosso do Sul Recognized Among Top 3 in Brazil’s Best ESG Practices for Sustainable Tourism

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Green Initiative congratulates Mato Grosso do Sul for earning a Top 3 position in Embratur’s “Best ESG Practices in Brazilian Destinations” contest, showcasing their sustainable tourism and climate action leadership. The Agência Brasileira de Promoção Internacional do Turismo (Embratur) recently announced the winners of its prestigious “Melhores Práticas ESG nos Destinos Brasileiros” (Best ESG Practices in Brazilian Destinations) contest. This initiative highlights the best environmental, social, and governance (ESG) efforts driving sustainable tourism in Brazil. Mato Grosso do Sul (MS), through its Secretaria de Turismo, Esporte e Cultura and Fundação de Turismo de Mato Grosso do Sul (FUNDTUR), was recognized as one of the Top 3 destinations for their exceptional progress and leadership. The Top 3 Winners: With participation from nearly 50 organizations and over 200 sustainable initiatives, Mato Grosso do Sul’s recognition is a testament to the state’s growing impact in the ESG tourism space. Sustainable Leadership and Innovation in Mato Grosso do Sul Mato Grosso do Sul has demonstrated consistent progress since launching its sustainability strategy in 2022. Key milestones include: Bruno Wendling, Director-President of FUNDTUR, emphasized the importance of collaboration: “This award reinforces the work initiated in 2022 and demonstrates that our state is on the right path to becoming a more responsible and climate-focused tourism destination. We aim to transform MS into Brazil’s first carbon-neutral state by 2030.” Why ESG Practices Matter in Tourism The adoption of ESG principles (Environmental, Social, and Governance) is essential for ensuring tourism contributes positively to both communities and the planet: Additionally, Mato Grosso do Sul’s efforts align with the principles of regenerative tourism, a concept that goes beyond sustainability to actively restore ecosystems, regenerate communities, and create long-term positive impacts on nature and climate. By integrating climate and nature positive actions, MS ensures that tourism becomes a vehicle for healing the environment, reversing biodiversity loss, and empowering local stakeholders to lead the change. The success of Mato Grosso do Sul underscores the critical role destinations play in advancing these principles to foster a more resilient, inclusive, and regenerative tourism industry. Green Initiative and Mato Grosso do Sul: A Shared Vision At Green Initiative, we champion partners and destinations like Mato Grosso do Sul that demonstrate measurable progress toward sustainability. By implementing innovative carbon management solutions, biodiversity conservation, and inclusive tourism programs, MS is paving the way for a brighter, more sustainable future. This recognition by Embratur highlights the state’s dedication and serves as a powerful example for other destinations aiming to integrate ESG practices, regenerative tourism, and climate and nature positive strategies. Looking Ahead As part of their award, Mato Grosso do Sul will receive ESG consulting support from Embratur, highlighted participation in international marketing campaigns, and professional project documentation, including videos, to amplify global visibility. These benefits will further strengthen Mato Grosso do Sul’s position as a leader in sustainable and regenerative tourism, attracting investments and fostering partnerships to achieve their 2030 carbon-neutral goal. Join Us in Celebrating Sustainable Tourism Excellence Green Initiative congratulates Mato Grosso do Sul and FUNDTUR for their achievements. Together, we can inspire more destinations to embrace sustainability, climate action, regenerative tourism, and inclusive practices as central pillars for development. Let’s work towards a future where tourism drives positive change for people, nature, and the planet. Contact us to learn more about sustainable tourism and Green Initiative’s global efforts.

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Brazil Adopts a Regulated Carbon Market A Milestone in Climate Action and Sustainability

Brazil Adopts a Regulated Carbon Market: A Milestone in Climate Action and Sustainability

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In a historic environmental policy move, Brazil enacted Law No. 15,042, dated December 11, 2024, establishing the Brazilian System for Trading Greenhouse Gas Emissions (SBCE). This ambitious initiative positions Brazil as a global leader in combating climate change and transitioning to a low-carbon economy. By fostering sustainable practices and promoting climate and nature-positive strategies, this law is set to revolutionize Brazil’s environmental and economic landscape. What Is the Brazilian System for Trading Emissions (SBCE)? The SBCE is a regulated carbon market where companies and industries trade emission allowances, known as Brazilian Emission Quotas (CBEs). Each quota authorizes the emission of one metric ton of carbon dioxide equivalent (tCO₂e). Companies emitting less than their quota can sell surplus allowances, while those exceeding their limit must purchase additional quotas. The system is complemented by Certificates of Verified Reduction or Removal of Emissions (CRVEs), generated by projects that reduce or capture GHG emissions. These include reforestation, clean energy projects, and environmental conservation. Businesses can trade CRVEs or use them to offset emissions, contributing to climate action and sustainability goals. Key Features of Law No. 15,042 This groundbreaking legislation lays out mechanisms to regulate emissions and incentivize businesses to adopt sustainable practices. Key features include: How the SBCE Works: Implementation and Timeline The SBCE will be implemented in phases to ensure a smooth transition: The government has a two-year period to finalize regulations, after which businesses will have additional time to comply with emission limits. Benefits of the SBCE: Climate and Nature-Positive Outcomes The regulated carbon market is a powerful tool for fostering sustainable development and generating significant climate and nature-positive impacts: Transforming Industries Through Sustainability Energy and Manufacturing Agriculture Regenerative Tourism The tourism sector can lead the way in adopting climate-positive strategies: Challenges and Opportunities While the SBCE offers immense potential, it presents challenges that require attention: Why the SBCE Matters for Brazil and the World Law No. 15,042 is not just about reducing emissions but redefining Brazil’s role in the global economy. By embedding climate and nature-positive principles into its economic framework, Brazil is committed to a sustainable future where economic growth complements environmental stewardship. The SBCE is a bold step toward a green economy, from regenerative tourism to carbon-neutral industries. It empowers businesses to innovate while addressing urgent climate challenges, ensuring Brazil remains a key player in global sustainability. FAQs About the SBCE What is the primary goal of the SBCE? The SBCE aims to reduce greenhouse gas emissions and foster sustainable practices through a regulated carbon market. Which sectors are regulated? Energy, transportation, and manufacturing are included, while primary agriculture is excluded, but they can participate voluntarily. What are the benefits of the SBCE for businesses? The SBCE incentivizes innovation, attracts green investments, and enhances international competitiveness. Take the Next Step Toward Sustainability Is your business ready to align with Brazil’s new carbon market? Partner with Green Initiative for expert advice and climate certification services. We provide tailored solutions to help your organization navigate the SBCE, reduce emissions, and achieve sustainability goals. Contact us to transform your climate action strategy and become a leader in Brazil’s sustainable future. Let’s work together for a climate-positive tomorrow!

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The Leadership Behind Machu Picchu's Carbon-Neutral Success A Model for Sustainable Tourism - Green Initiative

The Leadership Behind Machu Picchu’s Carbon Neutral Success: A Model for Sustainable Tourism

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Machu Picchu, one of the world’s most iconic tourist destinations, has become a global leader in sustainability. Thanks to the visionary leadership of Mayor Elvis Lexin La Torre Uñaccori, this UNESCO World Heritage Site has not only achieved carbon-neutral certification but has successfully renewed it for a second time. His remarkable work in implementing sustainable practices, forging key partnerships, and aligning with global climate and nature positive initiatives inspires tourism leaders worldwide. Pioneering Climate and Nature Positive Tourism As the mayor of Machu Picchu Pueblo, Mayor La Torre has taken bold steps to address the environmental challenges posed by millions of annual visitors. Central to his approach has been adopting climate- and nature-positive strategies, including: These strategies have drastically reduced the town’s environmental footprint, setting a precedent for regenerative tourism—an approach that restores ecosystems while benefiting local communities. Collaborative Leadership with Key Partners Machu Picchu’s success in achieving and maintaining carbon-neutral status showcases the power of collaboration. Under Mayor La Torre’s leadership, the municipality has partnered with prominent organizations to drive impactful initiatives: These partnerships, facilitated by Green Initiative, have helped Machu Picchu achieve a remarkable 18.77% reduction in carbon emissions compared to its 2019 baseline, demonstrating the potential of public-private collaboration in achieving sustainability goals. Commitment to Global Climate and Tourism Frameworks Mayor La Torre has aligned Machu Picchu’s sustainability efforts with key international frameworks, ensuring the site remains a leader in global climate action: These commitments reflect the site’s dedication to fostering a sustainable future for tourism while combating climate change. An Honorable Legacy of Leadership Mayor La Torre’s leadership exemplifies how local governments can drive meaningful change. By integrating climate-positive policies and regenerative practices, he has transformed Machu Picchu into a beacon of sustainable tourism. “Leadership is about action. Let us lead with the purpose of leaving our world better than we found it,” Mayor La Torre has stated. His work safeguards Machu Picchu’s ancient legacy and establishes it as a symbol of hope and resilience for future generations. A Call to Action for Global Tourism Leaders Mayor La Torre’s visionary approach provides a compelling roadmap for leaders of other tourism-dependent regions. By prioritizing regenerative tourism, fostering collaborations with key partners, and committing to international climate goals, mayors and municipal teams can create destinations that thrive economically while preserving their natural and cultural heritage. Machu Picchu’s achievements prove that bold, collaborative leadership can leave a lasting positive impact on the planet. As the world grapples with the effects of climate change, the work of Mayor Elvis Lexin La Torre Uñaccori serves as a testament to what’s possible when we lead with purpose and innovation. Make your destination Climate and Nature Positive, contact us at Green Initiative to learn how we can help your city or region achieve sustainability goals, implement regenerative tourism strategies, and align with global climate frameworks like the Glasgow Declaration. Together, we can build a future where tourism regenerates nature and communities thrive. 🌍

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Grupo Rio da Prata Recanto Ecológico Estância Mimosa Lagoa Misteriosa

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

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

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Understanding IFRS S Insights from Kwantland's Las NIIFs (con S al Final)

Understanding IFRS S: Insights from Karen Wantland – “Las NIIFs (con S al Final)”

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This article draws directly from the insightful post “Las NIIFs (con S al Final),” authored by the expert Karen Wantland at Kwantland. Her analysis offers a comprehensive overview of the International Financial Reporting Standards (IFRS) and their evolution into the new IFRS S standards, which focus on sustainability-related disclosures. Below, we summarize and expand on their key points to highlight the importance of these standards for businesses worldwide. About Karen Wantland Karen Wantland is a writer, strategist, innovator, and advisor on Environmental, Social, and Governance (ESG) matters. With over two decades of experience, she has collaborated with companies and organizations to advance sustainability and social innovation. Karen is also a seasoned columnist, sharing her expertise through various media outlets, making her a respected thought leader in the ESG field. Her contribution in the original article provides valuable clarity and actionable insights into the evolving landscape of ESG reporting, particularly the IFRS S standards. What Are IFRS and IFRS S Standards? As Karen Wantland´s article explains, International Financial Reporting Standards (IFRS) have provided a unified accounting framework for over two decades, ensuring transparency and comparability in financial statements across jurisdictions. The standards, developed by the International Accounting Standards Board (IASB), are mandatory in some countries and optional in others. In response to the growing demand for sustainability-related reporting, the IFRS Foundation established the International Sustainability Standards Board (ISSB) in 2021. This board focuses on developing standards that guide companies in disclosing the financial implications of Environmental, Social, and Governance (ESG) issues. These are known as IFRS S standards, with the “S” emphasizing sustainability. Key Features of IFRS S Standards The IFRS S standards aim to enhance the quality of sustainability reporting by focusing on financial materiality, a concept drawn from the Sustainability Accounting Standards Board (SASB). Karen Wantland’s article highlights two key IFRS S standards: According to Karen Wantland, IFRS S standards are gradually being adopted globally, with countries like Mexico and Costa Rica already requiring compliance by 2026. Why IFRS S Standards Matter Karen Wantland’s analysis underscores the critical role of IFRS S standards in bridging the financial and sustainability reporting gap. By adopting these standards, companies can: Karen Wantland’s Recommendations for Compliance The original article provides valuable recommendations for businesses preparing to comply with IFRS S standards. Here are the key steps they suggest: Final Thoughts Introducing IFRS S standards marks a significant step forward in sustainability reporting. By following Karen Wantland´s guidance provided in her articlle “Las NIIFs (con S al Final)”, businesses can ensure compliance, enhance transparency, and seize new opportunities in a world increasingly focused on sustainability. At Green Initiative, we applaud Karen Wantland for her comprehensive breakdown of these critical standards. For further insights, visit the original Las NIIFs (con “S” al Final) article. Related Articles:

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