Climate Action

Reducing the Carbon Footprint: The Impact and Leadership of the Senac Casa do Comércio School Restaurant

In Salvador, Bahia – Brazil, the Senac Casa do Comércio School Restaurant, a benchmark National Service for Commercial Learning (Senac) benchmark project, is setting an inspiring example of how the gastronomy and hospitality sector can lead decarbonization efforts. This school restaurant not only provides high-quality education for its students but is also deeply committed to sustainability, achieving a significant reduction in its carbon emissions per customer served. A Journey Towards Carbon Neutrality In 2022, the Senac Casa do Comércio School Restaurant embarked on its decarbonization journey, aiming to become the first restaurant in Brazil certified as Carbon Neutral by Green Initiative, a leading climate certification company in the tourism sector. The process included: 2023 Achievements: A Significant Step in Decarbonization The success in reducing its carbon footprint in 2023 resulted from several mitigation measures. Key initiatives included: These actions reduced carbon emissions and fostered a culture of efficiency and environmental responsibility among staff. According to 2023 emissions calculations, the restaurant emitted 14.19 kg of CO2 per customer compared to 17.44 kg in 2021 a reduction of 18.64%, exceeding the annual target of 5.5%. Absolute emissions increased from 786.50 to 1089.11 tCO2eq due to a 70.23% rise in customers, but emissions per customer fell significantly, demonstrating planned, responsible resource use. Transparent and Rigorous Methodology Emissions were categorized as follows: Electricity-related emissions (Scope 2) were eliminated in 2023 by exclusively sourcing renewable energy. Calculations adhered to internationally recognized standards, ensuring data accuracy and transparency. Commitment to Sustainability The impact extends beyond the restaurant’s walls. The initiative promotes sustainable practices among staff, students, and customers, influencing the supply chain, tourism sector, and society at large. “Since 2022, we have strived to reduce carbon emissions at the Senac Casa do Comércio School Restaurant by 50% by 2030. This includes sourcing from local small-scale producers and adopting sustainable practices like composting and renewable energy use,” said Kelsor Gonçalves Fernandes, President of the Bahia Trade System. “The work we carry out at the Senac Casa do Comércio School Restaurant is an opportunity to transform the future of our students. At Senac Bahia, we integrate sustainable attitudes into our pedagogical model, training professionals who understand the importance of these practices in their fields of work. Through 360º training, focused on innovative solutions and aligned with the global climate agenda, we are preparing conscientious citizens capable of driving positive changes in the job market. We regularly hold discussions on the topic, address related issues in the classroom, and, beyond that, our students and teachers see the results of theory in practice”, said Ana Rita Marques de Andrade – Regional Director of Senac Bahia Education and Future Goals Senac integrates sustainability into its pedagogy, preparing students to drive positive market changes. This holistic approach fosters innovation and connects to global climate agendas. The restaurant plans to adopt advanced energy-efficiency technologies, expand local ingredient use, and deepen employee and community engagement. Conclusion The Senac Casa do Comércio School Restaurant exemplifies how sustainability can be woven into gastronomy and hospitality. Its efforts meet environmental targets and set a benchmark for excellence and responsibility in the industry. The restaurant inspires others to contribute to a low-carbon economy by combining culinary tradition with sustainable innovation. Related Articles:

Reducing the Carbon Footprint: The Impact and Leadership of the Senac Casa do Comércio School Restaurant Read More »

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

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

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

Bio Amayu's Climate Positive Journey AJE Group Redefining Sustainable Beverages in 2024

Bio Amayu’s Climate Positive Journey: AJE Group Redefining Sustainable Beverages in 2024

Bio Amayu, a brand developed by the renowned AJE Group, is setting new standards in sustainability and innovation within the beverage industry. In 2022, Bio Amayu earned the prestigious Climate Positive certification for its fruit beverages, featuring unique flavors like Açaí, Aguaje, Goldenberry, and Camu Camu. This recognition showcased the environmental benefits of its products and the brand’s unwavering commitment to forest conservation and community empowerment. AJE Group’s Vision and BioAmayu’s Mission As a leader in the beverage sector, AJE Group’s investment in Bio Amayu reflects its dedication to creating environmentally conscious products. Bio Amayu is more than a brand—it is part of a broader initiative to combat climate change through sustainable innovation. At the core of Bio Amayu’s mission is its commitment to being Naturre Positive through forest conservation and biodiversity protection. By working closely with local communities, the brand ensures its practices prevent deforestation while promoting social and ecological well-being. 2024 Recertification: Continuing the Climate Positive Journey In November 2024, Bio Amayu began recertifying its Climate Positive status, reaffirming its dedication to sustainability. The rigorous evaluation includes a detailed analysis of the greenhouse gas (GHG) emissions generated during production and an assessment of the climate mitigation measures implemented since the initial certification. This recertification reflects AJE Group and Bio Amayu’s commitment to transparency and continuous improvement in their environmental impact. “Superfruits that Preserve Forests” is the essence of our BIO Amayu brand, a model that has become a global example to follow. During COP28, we had the opportunity to present this initiative, which generates demand for superfruits from the jungle such as aguaje, camu camu, and açaí. These fruits are sustainably harvested by Amazonian communities, who commit to keeping the forest standing and receive fair payment in return. Through this value chain, we have supported over 200 families across 24 Amazonian communities. Scalable examples like this are rare. We started in Peru and have since expanded, creating sustainable value chains in communities in Ecuador, Colombia, and Thailand. At AJE Group, we aim for the superfruit model to inspire other companies to generate positive impacts on biodiversity and actively protect forests. This is what we call the true Natural Revolution—a new paradigm post-Industrial Revolution, where megadiverse countries like Peru hold a competitive advantage. Through the Natural Revolution, we invite all companies to rethink their business models—not just focusing on people and meeting their needs but placing Mother Earth at the center of their goals. Without nature and forests, there will be no civilization, no businesses, and no future. Therefore, companies must shift their mindset and begin to create models and initiatives rooted in the Natural Revolution. Only by doing so can we give back to Mother Earth and society all that they have given us.” – Jorge López- Doriga, Chief Comunication and Sustainability Officer · AJE “None of this would have been possible without the support of the Añaños family, who serve as the advisory council of the group. They have continuously supported this dream. From the very beginning, we committed to doing things in a consistent and responsible way, building a sustainable reality. What’s amazing about our juices—and now our shots—is that this is a tangible reality; it’s something concrete. Our products have become ambassadors of sustainability, and little by little, people are recognizing this.” – Alberto Suárez, Manager of Amarumayu at AJE Group Introducing Bio Amayu Shots As part of the 2024 recertification, Bio Amayu includes its latest innovation: Bio Amayu Shots. These nutrient-packed, concentrated beverages showcase the brand’s dedication to expanding its product range while maintaining its commitment to climate positivity. By evaluating the environmental footprint of these new products, Bio Amayu ensures that its sustainability principles extend across its entire portfolio. Why Bio Amayu and AJE Group Are Leading the Way Bio Amayu, supported by AJE Group’s visionary leadership, exemplifies how businesses can align with global efforts to combat climate change. By focusing on sustainable practices, fostering local community partnerships, and innovating with accountability, Bio Amayu sets a benchmark for the beverage industry and beyond. In a world where addressing climate change is an urgent priority, Bio Amayu’s journey inspires hope and action. Its Climate Positive certification is a reminder that choosing the right products can make a difference for the planet. Supporting Bio Amayu: A Simple Step Toward Sustainability By choosing Bio Amayu, you support a brand that values environmental conservation, community development, and innovative solutions to global challenges. From their flavorful fruit beverages to the new Bio Amayu Shots, the brand offers consumers a chance to enjoy great products while contributing to a healthier planet Bio Amayu, with the backing of AJE Group, continues to push the boundaries of sustainable innovation. Its commitment to forest preservation, climate action, and premium product development is a blueprint for a greener, more equitable future. Let’s give Bio Amayu and AJE Group a cheers glass for their leadership in climate-positive business practices—one drink at a time. Written by Erika Rumiche from the Green Initiative Team. Related Posts

Bio Amayu’s Climate Positive Journey: AJE Group Redefining Sustainable Beverages in 2024 Read More »

How COP29 is Transforming Tourism, Transport, and Urbanization for a Climate Positive Future

How COP29 is Transforming Tourism, Transport, and Urbanization for a Climate and Nature Positive Future

On November 20, 2024, COP29 in Baku, Azerbaijan, marked a transformative moment in global climate action by dedicating a day to critical sectors shaping our climate future: tourism, transport, and urbanization. With two groundbreaking declarations, the conference showcased a vision of sustainability that integrates innovation, cross-sector collaboration, and a commitment to leaving the planet better than we found. This Tourism Takes Center Stage with Climate Commitments The COP29 Declaration on Enhanced Climate Action in Tourism highlights tourism’s dual identity as a vital economic force and a key partner of the climate change global challenges for mitigating greenhouse gas emissions supporting the Paris Agreement goals. This initiative seeks to redefine the sector, steering it toward a more sustainable and climate-positive future as a result of the determination and global leadership of the UN Tourism Executive Director Zoritsa Urosevic and her team, who have mobilized the interest of UN Tourism member states from around the world to raise awareness to connect tourism with climate and nature positive action. Complementing this leadership is the outstanding contribution of Virginia Fernandez-Trapa, Programme Coordinator for Sustainable Tourism and Resilience at UN Tourism. Her advocacy for climate and regenerative action has been instrumental, building on milestones like the Glasgow Declaration to achieve this significant breakthrough. Key commitments in the declaration include: Zurab Pololikashvili, Secretary-General of the UN World Tourism Organization, emphasized the sector’s potential to drive transformative change through innovation, decarbonization, and regenerative practices. Resilient Cities Through Cross-Sector Collaboration Urbanization, a defining feature of modern life, was addressed by launching the COP29 Multisectoral Actions Pathways (MAP) Declaration for Resilient and Healthy Cities. Developed in partnership with UN-Habitat, the MAP Declaration lays the groundwork for building sustainable, inclusive urban environments. This initiative promotes: Mukhtar Babayev, COP29 President, highlighted the critical role of collaboration, stating, “These initiatives are about enhancing the quality of life while addressing the profound challenges posed by climate change.” The commitments made during COP29 underline the importance of addressing economic, social, and environmental dimensions together, with a shared vision of a sustainable future for people and the planet. Green Initiative: Leading the Way in Regenerative Travel and Climate Certification While COP29 sets the stage for global action, organizations like Green Initiative are translating these goals into tangible outcomes on the ground. Through regenerative tourism, climate certifications, and nature positive strategies, the Green Initiative team helps businesses and destinations make measurable progress toward sustainability. Regenerative Tourism Regenerative tourism is a transformative approach that aims to leave destinations better than they were found. By restoring ecosystems, enhancing community well-being, and reducing carbon footprints, regenerative tourism shifts the focus from sustaining to actively improving environments. A prime example is Machu Picchu, where Green Initiative’s support helped the historic site achieve carbon-neutral certification. This included waste management improvements, renewable energy integration, and reforestation efforts in surrounding areas. Similarly, Bonito, a globally renowned ecotourism destination in Brazil, has embraced regenerative principles by achieving carbon-neutral certification with the help of Green Initiative. Bonito’s initiatives include protecting vital freshwater ecosystems, promoting biodiversity conservation, and implementing sustainable visitor practices to ensure long-term environmental resilience while supporting the local economy. Climate and Nature Positive Certifications Green Initiative offers certifications that help businesses and destinations go beyond carbon neutrality, designed to empower businesses, destinations, and organizations to demonstrate and enhance their sustainability efforts. These certifications are essential for ensuring measurable, transparent progress toward sustainability goals. From tourism operators to urban planners, the Green Initiative provides tools to align operations with global climate objectives. Join the Movement Interested in making your organization a leader in sustainability? The Green Initiative provides a clear path to certification and actionable strategies for regenerative practices. Contact us today to learn how your business or destination can make a lasting, positive impact. Get in Touch!

How COP29 is Transforming Tourism, Transport, and Urbanization for a Climate and Nature Positive Future Read More »

Green Initiative Finalist for the Green Projects Awards Leading Sustainable Tourism and Climate and Nature Positive Action

Green Initiative: Finalist for the UN Tourism Green Projects Challenge Awards | Leading Sustainable Tourism and Climate and Nature Positive Action

From November 13th to 16th, 2024, the vibrant city of Cartagena, Colombia, hosted the 122nd Executive Council Meeting of the United Nations World Tourism Organization (UN Tourism). This prestigious event brought together global tourism leaders to discuss the future of travel, emphasizing sustainability, resilience, and innovation in a post-pandemic world. Attended by representatives from 47 countries, including 21 deputy ministers, 350 international delegates, and stakeholders from the private sector, civil society, and financial organizations, the Council addressed strategic pillars such as tourism innovation and attracting investments for sustainable development. Amid these significant discussions, Green Initiative achieved a remarkable milestone: we were honored to be named a finalist for the Green Projects Challenge Awards, acknowledging our impactful efforts to drive climate action and foster sustainability in climate and nature through regenerative travel and tourism. Driving Climate Action: Green Initiative at the Green Projects Challenge Awards We are thrilled to announce that Green Initiative has been selected as a finalist for the Green Projects Challenge Awards, co-hosted by CAF – Development Bank of Latin America and UN Tourism. This prestigious accolade recognizes organizations that demonstrate outstanding contributions to: Out of over 500 project submissions, only four finalists were chosen to present their initiatives in a 4-minute pitch during the event. Representing Green Initiative, Tatiana Otaviano Luiz emphasized our dedication to creating a greener, low-carbon future: “As a finalist, we are proud to stand alongside organizations committed to building a sustainable world through innovation and collaboration.” Being recognized for this award is a testament to Green Initiative’s work in helping businesses: Our transformative projects align with the goals of the Green Projects Awards and the broader United Nations Sustainable Development Goals (SDGs), making sustainability an aspiration and a necessity. UN Tourism Executive Council: Spotlight on Sustainable Tourism The 122nd UN Tourism Executive Council Meeting provided a platform to explore how sustainable tourism can address the global climate crisis. Host country Colombia demonstrated its commitment to sustainability through programs promoting biodiversity conservation and eco-friendly tourism development. During the event, delegates emphasized the critical need to balance tourism growth with environmental preservation. This focus resonates with Green Initiative’s vision of a tourism sector that contributes to economic recovery while respecting nature and promoting social inclusion. CAF and UN Tourism: Pioneers of Sustainability and Innovation The Green Projects Challenge Awards, co-hosted by CAF and UN Tourism, aim to recognize projects that embody sustainability leadership. These organizations are pivotal in fostering a future where climate action is at the heart of economic and social development. With more than 500 projects submitted, the awards highlight the collaborative efforts needed to: As a finalist, Green Initiative is honored to join the global movement of organizations leading the fight against climate change. We share this recognition with other exceptional finalists making transformative contributions to sustainability: Rodolfo Salinas Roca, representing Natoure, for pioneering efforts in eco-tourism in Mexico, Alvaro Quiros Rodriguez, with Tequina Wave, for advancing sustainable practices in coastal tourism in Panama, and Gilson Altamar, from Por un Coral Más Vivo, for championing marine conservation and coral restoration in Colombia. Together, we represent a united front in driving innovation, reducing carbon footprints, and fostering a more sustainable future. We extend our heartfelt congratulations to the incredible leaders and organizations recognized at the UN Tourism Green Projects Challenge Awards for their dedication to advancing sustainable tourism and driving positive climate and nature action. A special acknowledgment goes to: Together, your collective efforts inspire hope and action in the global fight against climate change, proving that sustainability is not only possible but essential for a thriving future. 🌍✨ Congratulations to all on your outstanding contributions! Let us continue to work together toward a more sustainable, inclusive, and resilient world. A Commitment to a Low-Carbon Economy Green Initiative’s recognition at the Green Projects Challenge Awards underscores the impact of our efforts to advance sustainable tourism and help industries transition toward a low-carbon economy. By partnering with businesses and governments, we create actionable solutions to address environmental challenges, build climate resilience, and foster sustainable development. As the 122nd UN Tourism Executive Council concluded, it left a renewed sense of optimism about the role of sustainable tourism in tackling the world’s most pressing environmental challenges. Discover how Green Initiative can help your organization lead climate action. Contact us today to learn more. Related content:

Green Initiative: Finalist for the UN Tourism Green Projects Challenge Awards | Leading Sustainable Tourism and Climate and Nature Positive Action Read More »

Green Initiative Showcases Machu Picchu as a Model for Carbon-Neutral and Regenerative Tourism at COP16

Green Initiative Showcases Machu Picchu as a Model for Carbon Neutral and Regenerative Tourism at COP16

During the 16th Conference of the Parties to the United Nations Convention on Biological Diversity (COP16), Green Initiative presented the case of Machu Picchu as a model for a Carbon Neutral and Regenerative Tourism Destination. COP16 concluded in Cali after 12 days of intense discussions. Known as “The People’s COP,” the summit was divided into a blue zone for official negotiations and a green zone focusing on civil society participation. According to the Colombian government, the green zone attracted nearly a million visitors, with around 40,000 attending various academic activities. In the blue zone, where negotiations took place, parallel events were also organized in the pavilions of different countries and entities. Among these was the Peru Pavilion, which hosted a series of prominent events, including one titled “Machu Picchu: Carbon-Neutral and Regenerative Tourism Destination.” This session showcased the climate and nature-positive initiatives underway in Machu Picchu, aimed at reducing carbon emissions and restoring ecosystems as part of its tourism management. The panel featured representatives from organizations such as the National Service of State-Protected Natural Areas (SERNANP), AJE Group, Tetra Pak, and Latam Airlines. Panelists emphasized the importance of public-private sector collaboration for the success of projects like Machu Picchu. They recognized the leadership of Green Initiative as a key advisor in the region’s transition to decarbonization and regenerative tourism. COP16 was a platform for dialogue and reflection and marked significant milestones in its final plenary session. Among the most notable were creating a subsidiary body for Article 8J to support Indigenous peoples and local communities, the acknowledgment of Afro-descendant peoples as biodiversity guardians, and the Cali Fund, a global mechanism for the equitable distribution of benefits derived from genetic information. Additionally, collaboration between the Biodiversity and Climate Change agendas was promoted, in preparation for COP29 on Climate Change in Azerbaijan and the upcoming COP30 in Brazil. Colombia also took the opportunity to launch the world’s first biodiversity bonds during COP16, an initiative aimed at involving the private sector in biological diversity preservation. Banco Davivienda, with an investment of up to 50 million dollars from the International Finance Corporation (IFC), will channel these resources into projects with positive biodiversity impacts. Similarly, BBVA Colombia issued another bond, subscribed to by IDB Invest and IFC in two tranches to finance projects with positive biodiversity impacts. Written by Musye Lucen from the Green Initiative team. Related articles:

Green Initiative Showcases Machu Picchu as a Model for Carbon Neutral and Regenerative Tourism at COP16 Read More »

Green Initiative and Swiss Impact Fund Alphamundi Join Forces to Drive Climate Mitigation Finance

Green Initiative and Swiss Impact Fund Alphamundi Join Forces to Drive Climate Mitigation Finance

As the world faces escalating climate challenges, the need for innovative financial solutions to support climate mitigation has never been more urgent. In response, Green Initiative and AlphaMundi Group are proud to announce a strategic partnership to accelerate climate certification for select portfolio companies of the Social Alpha Fund. This collaboration represents a critical step toward promoting sustainability and providing these companies with competitive advantages tied to their climate change mitigation efforts. Green Initiative’s Strategy to Expand Climate Finance Access Despite increasing global attention, a significant gap remains between the availability of climate finance and the needs of the private sector. Major financial institutions like the World Bank, IADB, AFD, KFW, and national development banks allocate substantial funds, but these resources often fall short of reaching the businesses that need them most. Barriers such as complex application processes, stringent compliance requirements, and a lack of standardized data impede private sector engagement in climate finance. Green Initiative seeks to overcome these challenges through a comprehensive, structured approach that simplifies access to climate finance. Its four-step strategy focuses on enhancing sustainability rating tools, conducting in-depth portfolio assessments, guiding companies through certification processes, and maintaining continuous impact monitoring. By refining these processes, Green Initiative aims to create more efficient pathways for climate finance allocation on a global scale. AlphaMundi Group: Scaling Climate- and Gender-Responsible Enterprises through Impact Investing AlphaMundi Group, a Geneva-based asset manager, is committed to impact investing with a focus on financing businesses that generate measurable social and environmental impact. AlphaMundi aligns its investments with the United Nations Sustainable Development Goals (SDGs) and supports enterprises dedicated to sustainability, advancing the growth of the green economy. The Social Alpha Fund, managed by AlphaMundi, invests in enterprises across Sub-Saharan Africa and Latin America that drive positive social impact in sectors such as financial inclusion, education, health, and renewable energy. By incorporating carbon certification and net-zero roadmaps into its investment framework, the fund reinforces its commitment to sustainability. This ensures that portfolio companies not only achieve economic success but also contribute meaningfully to climate resilience and a healthier planet. “This collaboration with Green Initiative is AlphaMundi Group’s first attempt to deliver specialised technical assistance related to climate change mitigation through decarbonisation roadmaps and carbon footprint certification. We look forward to seeing the results of GI advisory pilots with select portfolio companies in 2025 to inform a more sistematic approach across our global SME portfolio from 2026 onwards.” Tim Radjy – Chairman, AlphaMundi Group Ltd. Tim Radjy is the Founder and a Managing Partner at AlphaMundi Group (AMG) in Switzerland since 2008, a board member of AlphaMundi Foundation (AMF) since 2017, the Chair of the SocialAlpha Investment Fund (SAIF) in Luxembourg that he created in 2009, the Chair of the AlphaJiri Investment Fund (AJIF) investment committee in Mauritius since fund inception in 2019. Building a Sustainable Future Together As we strive for a more sustainable future, partnerships like this between Green Initiative and AlphaMundi will play a pivotal role in directing financial resources toward impactful climate solutions. By supporting high-impact businesses and fostering decarbonization efforts, these collaborations will accelerate the transition to a low-carbon economy and enable us to confront the global climate crisis. Together, we can drive significant progress and create a more sustainable and resilient world. “The challenge of securing finance for companies that deliver net-positive benefits for climate, nature, and society is immense and requires collective action to accelerate progress toward a low-carbon economy. Green Initiative’s partnership with AlphaMundi and AlphaMundi Foundation aims to overcome these barriers by mobilizing impact investment funds, driving innovation, and scaling climate mitigation finance in Latin America and Africa.”  Giovanni Ginnatta – Head of Climate Mitigation Finance at Green Initiative Contact us to learn more about our certification services, and receive expert climate and nature positive advice for your business organization in becoming Climate Positive, Carbon Neutral or Carbon Measured certified.

Green Initiative and Swiss Impact Fund Alphamundi Join Forces to Drive Climate Mitigation Finance Read More »

Join Us at COP 16 Machu Picchu – A Carbon Neutral and Regenerative Tourism Destination

Join Us at COP 16: Machu Picchu – A Carbon Neutral and Regenerative Tourism Destination

At this year’s COP 16, we are excited to invite you to a key side event, organized by Green Initiative, focusing on how one of the world’s most iconic sites—Machu Picchu—is becoming a global leader in sustainable tourism. Discover how collaboration between public and private sectors is making Machu Picchu a carbon-neutral and regenerative tourism destination, setting a benchmark for ecological restoration and sustainable travel. Join us as we explore how this UNESCO World Heritage site is becoming a global example of climate and nature positive tourism. This event will dive into the innovative approaches taken to protect Machu Picchu’s natural environment while boosting local economies and community engagement. The conversation will center on how carbon neutrality and ecosystem restoration are integrated into tourism, creating a model for other global destinations. 🌿 Event: Machu Picchu: Carbon Neutral and Regenerative Tourism Destination 📅 Date: Friday, October 25⏰ Time: 1:30 PM – 2:45 PM📍 Location: Peru Pavilion, Cali, Colombia Why Attend? Machu Picchu is not just a symbol of cultural history but now also stands as a model for green tourism. This event will highlight the collaborative efforts that have transformed this destination into a carbon-neutral site, with regenerative practices that are reviving local ecosystems and supporting sustainable economic growth for the region. Key Speakers: 🗣 Moderated by: Musye Lucen, Carbon Management Advisor and Youth Leader Program Advocate at Green Initiative. What to Expect Can’t make it in person? No worries! You can catch the event via live stream on Youtube. Let’s come together to create a blueprint for sustainable tourism that not only preserves cultural heritage but also nurtures the environment for future generations. Why COP 16 is a Turning Point for Global Biodiversity Taking place from October 21 to November 1, 2024, in Cali, Colombia, COP 16 (the 16th Conference of the Parties to the Convention on Biological Diversity) is a pivotal moment for global biodiversity efforts. This conference aims to convert the ambitious goals set by the Kunming-Montreal Global Biodiversity Framework into actionable strategies. These goals include protecting 30% of Earth’s land and oceans by 2030 and mobilizing $200 billion annually to restore biodiversity. COP 16 brings together governments, NGOs, the private sector, and Indigenous communities to address urgent challenges like habitat loss, biodiversity finance, and equitable benefit-sharing. Colombia, as one of the most biodiverse countries in the world, is a fitting host, underscoring the urgency of preserving ecosystems critical to the planet’s future​. Together, we can lead the way to a more sustainable and regenerative future for tourism and the planet. 🌱

Join Us at COP 16: Machu Picchu – A Carbon Neutral and Regenerative Tourism Destination Read More »

Green Initiative's Climate and Nature Positive Sustainability Work Featured in One Planet Network's Tools and Resources A Major Step for Global Climate Action

Green Initiative’s Climate and Nature Positive Sustainability Work Featured in One Planet Network’s Tools and Resources: A Major Step for Global Climate Action

In a powerful endorsement of our efforts to drive climate and nature positive sustainability in tourism, Green Initiative has been prominently featured in the One Planet Network’s Tools and Resources section, a key platform for advancing climate-positive action. Several landmark projects, including the Carbon Neutral Certification renewal of Machu Picchu, the Climate Action Guide for Tourism Businesses and Destinations publication, and a comprehensive International Webinar on Regenerative Tourism, are now listed among vital tools supporting global climate action planning. Machu Picchu’s Carbon Neutral Certification: A Global Model for Heritage and Sustainability At the forefront of these efforts is the successful renewal of Machu Picchu’s Carbon Neutral Certification, a project led by Green Initiative now featured on the One Planet Network. The certification underscores the site’s ongoing commitment to reducing its environmental impact. It serves as a model for other world heritage sites aiming to align with the objectives of the Glasgow Declaration on Climate Action in Tourism. This achievement is highlighted in the One Planet Network’s news section, emphasizing the importance of carbon-neutral strategies in heritage tourism. Read more about Machu Picchu’s Carbon Neutral Certification here. The Climate Action Guide: A Vital Tool for Tourism Operators Green Initiative’s Climate Action Guide for Tourism Businesses and Destinations is now available through the One Planet Network’s Tools and Resources. This guide provides a practical, action-oriented framework for tourism stakeholders to create and implement climate-positive action plans. It addresses key areas such as reducing carbon emissions, adopting renewable energy, improving waste management, and integrating sustainable business practices. The guide offers step-by-step strategies for tourism operators looking to advance their climate commitments in line with the Glasgow Declaration, making it an indispensable resource for businesses and destinations seeking to reduce their carbon footprints. Access the Climate Action Guide for Tourism Businesses and Destinations here. International Webinar on Regenerative Tourism: Expanding the Scope of Sustainability Also featured on the platform is the recording of an insightful International Webinar on Regenerative Tourism, co-hosted by Green Initiative. This webinar explores the concept of regenerative tourism, which aims to minimize environmental harm and restore and rejuvenate ecosystems. As businesses and destinations seek ways to contribute positively to the environment, this approach offers a new paradigm for ecological sustainability and long-term competitiveness in the tourism sector. The webinar provides valuable knowledge on how tourism can be a force for ecological restoration, helping businesses implement practices that leave destinations better than before. Watch the International Webinar on Regenerative Tourism here. Empowering Climate Action in Tourism Through One Planet Network The inclusion of Green Initiative’s work in the One Planet Network’s Tools and Resources section signifies a major step forward in empowering tourism operators to actively participate in global climate action. These resources—from real-world examples of Machu Picchu’s carbon neutrality to actionable guides and educational webinars—are now accessible to tourism businesses, destinations, and stakeholders worldwide. This collaboration strengthens the push for a more sustainable and climate-resilient tourism industry, reinforcing that tourism can lead global efforts to fight climate change. By leveraging these tools and resources, destinations worldwide can follow the path paved by Green Initiative, taking bold steps toward reducing their environmental impact while enhancing the resilience of their operations. Contact us to learn more about our services and receive expert climate and nature positive advice for your business organization. Related articles

Green Initiative’s Climate and Nature Positive Sustainability Work Featured in One Planet Network’s Tools and Resources: A Major Step for Global Climate Action Read More »

Green Initiative at the One Planet Network Forum 2024

Green Initiative at the One Planet Network Forum 2024

In September, Green Initiative participated in the One Planet Network Forum 2024 in Rio de Janeiro, participating in the panel “Tourism Reimagined: Towards Circular, Low Carbon, Regenerative, and Inclusive Operations.” We shared our work on sustainable tourism and explored how the industry can drive positive environmental change. Our discussion highlighted practical ways to integrate circular economies, low carbon practices, and inclusive approaches in tourism, with valuable contributions from leading organizations like @fundtur.ms, @grupo.cataratas, @embraturbrasil, @unwto, and @unep. This was an inspiring platform to showcase the importance of Climate and Nature Positive organizations and their action initiatives in tourism. As proud signatories of the #GlasgowDeclarationinTourism, we continue to drive climate action in the tourism sector, fostering sustainable operations that benefit both people and the planet—leading by example @greeninitiative.eco. We’re thrilled to congratulate Grupo Cataratas and Amazon Ecopark Jungle Lodge for becoming signatories to the Glasgow Declaration on Climate Action in Tourism! Their commitment to driving climate action in tourism is a decisive step towards reducing emissions and enhancing sustainability within the industry. By joining this global initiative, they are helping to create a more climate-resilient and nature-positive future for tourism. We applaud their leadership and look forward to seeing the positive impact of their efforts! We want to thank all our friends who joined the panel with Matheus Mendes from the Green Initiative team for their brilliant insights during the panel and for contributing to an inspiring discussion. Matheus’s input on circular and regenerative tourism practices was key to demonstrating how tourism can catalyze environmental and social benefits. The collective expertise in the room made for an engaging and impactful session, and we’re grateful to all involved for pushing the conversation forward!

Green Initiative at the One Planet Network Forum 2024 Read More »