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Bonito Carbono Neutro Wins Prestigious FIDI 2025 Environmental Sustainability Award

Bonito Carbono Neutro Wins Prestigious FIDI 2025 Environmental Sustainability Award

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

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Record-Breaking Global Temperatures in 2024: What It Means & How We Can Take Climate Action

Record-Breaking Global Temperatures in 2024: What It Means & How We Can Take Climate Action

In a concerning yet unsurprising trend, 2024 has been officially declared the warmest year on record, surpassing previous records set in 2023. According to the National Oceanic and Atmospheric Administration (NOAA), global temperatures in 2024 were 2.32°F (1.29°C) above the 20th-century average (NOAA). This significant rise in temperature underscores the urgent need for climate and nature positive strategies to mitigate further damage. Breaking Records: What Happened in 2024? The year 2024 witnessed unprecedented heatwaves across various regions, with two-thirds of the Earth’s surface experiencing record-breaking temperatures (The Guardian). Key contributors to these soaring temperatures include: The Real-World Impact The consequences of these temperature spikes are already being felt worldwide: Why This Matters: Climate Tipping Points Scientists are particularly concerned about crossing climate tipping points—thresholds beyond which certain changes become irreversible (Carbon Brief). These include: Crossing these tipping points could have catastrophic impacts on human societies, including large-scale displacement and financial destabilization. The Role of Businesses in Climate Action As the climate crisis intensifies, businesses play a crucial role in implementing climate and nature positive solutions. Strategies include: Final Thoughts The record-breaking temperatures of 2024 serve as an urgent reminder that the climate crisis is accelerating. Without swift and decisive action, we risk locking in devastating long-term consequences for future generations. Global collaboration, corporate responsibility, and the adoption of climate certifications are critical for internalizing climate action within businesses and their value chains—transforming sustainability from an obligation into a core strategy, mitigating risks, and securing a thriving, livable planet for future generations. Commit to Real Climate Action and Drive Sustainability. Strengthen Competitiveness. Lead the Future. As markets become increasingly aware of environmental impact, businesses that integrate sustainability gain a competitive advantage. Our Climate Certifications—Climate Positive, Carbon Neutral, and Carbon Measured—along with our Nature Certifications, help position your company as a leader in responsible business practices. 🔹 Expert Guidance – Implement sustainability strategies with confidence.🔹 Certification & Credibility – Strengthen market trust with recognized climate certifications.🔹 Competitive Differentiation – Stand out as a forward-thinking, climate-conscious business.🔹 Future-Proof Operations – Align with global standards and regulatory expectations. Green Initiative is a business dedicated to advising and certifying organizations that seek to accelerate progress toward Climate and Nature Positive impacts. Our approach focuses on designing creative solutions that help businesses address climate and nature risks, overcome market challenges, and seize innovation opportunities—adding value to their offerings while ensuring alignment with the Paris Agreement, the Convention on Biological Diversity, and the United Nations Sustainable Development Goals (SDGs). Stay ahead in an evolving market. Contact us today to learn how climate and nature certifications can enhance your sustainability leadership and business resilience.. 📩 Contact Us.

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

Sustainability in Hospitality: A Competitive Advantage, Not Just Compliance

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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Positive Impact Investment The New Frontier of Investments for Climate Action and the Role of Verification Organizations

Positive Impact Investment: The New Frontier of Investments for Climate Action and the Role of Verification Organizations

In recent years, impact investments have gained prominence as a powerful tool to finance initiatives that generate tangible social and environmental benefits. Within this context, impact investments have emerged as innovative financial instruments, offering a unique opportunity to channel resources toward combating climate change and promoting sustainable and social solutions. What Are Impact Investments? Impact investments are a type of debt instrument with a key distinction: the payments are tied to achieving specific social, climate or environmental impact targets. In other words, the repayment is directly linked to the borrower’s ability to meet measurable objectives, such as reducing carbon emissions or restoring ecosystems. This structure is relevant to climate finance because it allows investors to ensure that their capital makes a significant contribution to mitigating climate risks while also generating a financial return. This innovative structure offers a win-win scenario: Transforming Climate Financing: A Paradigm Shift in Resource Allocation The importance of these investment instruments goes beyond being mere financial tools. They represent a paradigm shift in how resources are allocated to mitigate environmental impacts. By effectively channeling capital to companies and projects committed to addressing climate change, these investments drive transformation within the private sector and align financial interests with global sustainability goals. Traditional financing models often lack accountability when it comes to environmental impact. Impact investments flip the script by directly linking financial performance to climate outcomes. This approach channels resources into projects that actively address climate risks while fostering long-term economic resilience. But achieving these lofty goals requires more than just good intentions. For these investments to work, robust systems for monitoring, evaluating, and verifying outcomes are essential. The Role of Independent Verification For impact investments to be effective and truly deliver the desired outcomes, independent evaluation and ongoing verification of results are crucial. This is where organizations like Green Initiative play a vital role. As a specialized third-party entity, Green Initiative provides advisory, certification, and monitoring services for financial institutions—such as funds and banks—that offer financial instruments linked to positive climate and environmental impacts. This is where third-party organizations like Green Initiative step in. As a trusted verifier, Green Initiative ensures that the impacts promised by borrowers are not only measurable but also delivered transparently and effectively. Here’s how: How Green Initiative Ensures Impact Leveraging its expertise, Green Initiative ensures that climate and environmental impacts are measured and monitored accurately and transparently, guaranteeing that resources allocated to these projects are utilized effectively. This advisory role, often referred to as third-party verification, extends beyond merely tracking results. It also helps ensure that borrowers meet the climate mitigation goals agreed upon in their contracts with funders, such as reducing CO2 emissions or enhancing biodiversity. Strengthening Credibility and Transparency One of the standout features of impact investments is their ability to foster transparency and accountability in climate financing. By linking financial success to environmental performance, these instruments ensure that resources are used where they matter most. For example, a company borrowing funds to transition to renewable energy can have its loan terms adjusted based on measurable reductions in carbon emissions. This accountability incentivizes borrowers to achieve their goals while giving investors confidence that their capital is making a tangible difference. By acting as an independent advisor, Green Initiative also strengthens the credibility and transparency of the process. This supervisory role builds trust among all stakeholders—investors, financial institutions, entrepreneurs, and society at large. Through rigorous and impartial audits, Green Initiative validates the impact metrics reported by borrowers, ensuring that funds are appropriately used to achieve the desired outcomes. Beyond Verification: Driving Accountability In this context, Green Initiative’s work goes beyond simply validating results. It also assists financial institutions in monitoring compliance with the impact objectives of the instrument. This can include adjustments to instrument conditions, such as modifying interest rates based on the borrower’s performance. This flexibility ensures that impact investments remain aligned with environmental objectives and promote ongoing accountability among borrowers, incentivizing them to achieve the agreed-upon goals. Positive impact investments are more than just a financial innovation—they’re a strategic approach to driving global sustainability. Here’s why they matter: Unlocking the Potential of Positive Impact Investments Positive impact investments not only offer a way to finance climate mitigation projects but also contribute to building a more sustainable and transparent economy. These investments represent a groundbreaking shift in how we finance climate action. But their success hinges on rigorous monitoring, accountability, and collaboration between stakeholders. However, to unlock their full potential, rigorous monitoring and validation of impacts must be conducted by trustworthy entities like Green Initiative. In doing so, these instruments can ensure that financial resources are effectively directed toward combating climate change, paving the way for a more sustainable future for everyone. At the heart of this ecosystem is Green Initiative, a leader in providing the oversight and expertise that positive impact investments demand. From validating outcomes to guiding borrowers and investors through the intricacies of sustainability metrics, Green Initiative ensures that these financial tools live up to their potential. Our work goes beyond audits and certifications—it helps create a culture of accountability in climate financing, paving the way for a transparent, sustainable future. Now is the time to embrace this innovative approach to climate action. Together, we can drive meaningful change and create a better future for generations to come. Written by Tatiana Otaviano, from the Green Initiative Team.

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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

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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Grupo Rio da Prata Recanto Ecológico Estância Mimosa Lagoa Misteriosa

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

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

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Green Initiative 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:

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How Destinations Can Become Climate Certified and Why It Matters - Green Initiative

How Destinations Can Become Climate Certified and Why It Matters

In today’s climate-conscious world, destinations seeking to be Climate Certified must follow a structured process, provided by Green Initiative. The certifications align them with international sustainability frameworks, including the Paris Agreement and Glasgow Declaration. Here’s how destinations can get certified, and why they should do so. Steps to Climate Certification Why Pursue Certification? Inspiration from Machu Picchu’s Journey A prime example of climate certification success is Machu Picchu, which was recently recertified as Carbon Neutral after achieving an impressive 18.47% reduction in carbon emissions since its 2021 certification. This ancient site has become a global leader in sustainable tourism by implementing comprehensive emission reduction measures, waste management systems, and reforestation projects. Machu Picchu’s journey proves that iconic destinations can effectively align their operations with climate goals while preserving their cultural and natural heritage. By achieving climate certification from Green Initiative, destinations contribute to the global fight against climate change and position themselves as top choices for responsible travelers and businesses. The certification process fosters resilience, ensures compliance with international standards, and paves the way for a sustainable future. You can read the full story here for more on Machu Picchu’s inspiring climate action. How UNESCO-Designated Sites Are Leading Climate Action Destinations looking to achieve climate certification can draw inspiration from UNESCO-designated sites, which are actively integrating climate action into their preservation efforts. As outlined by Green Initiative, UNESCO sites like natural reserves and cultural landmarks are adopting sustainable practices to safeguard both heritage and ecosystems. These sites are not only reducing emissions but also enhancing climate resilience by protecting biodiversity, demonstrating that climate-conscious tourism is feasible and essential for long-term conservation. For more on this topic, visit here. Bonito’s Leadership in Climate Action Another outstanding example of climate certification is Bonito, a renowned ecotourism destination in Brazil. Bonito achieved climate certification through its commitment to sustainability, implementing actions that have reduced its carbon footprint while preserving its natural wonders. Bonito’s certification underlines the importance of eco-friendly practices in tourism, proving that destinations can thrive while protecting their ecosystems. City mayors and tourism leaders can follow Bonito’s lead by engaging with Green Initiative to guide their climate action efforts. “We are here today because this is the result of work done by the destination for many years. Bonito is inherently responsible, and this certification is not just an award but a global commitment that Bonito makes to the world, to become an even more responsible destination. This achievement reflects decades of responsible management, environmental care, and the dedication of local businesses and guides. Celebrate, but also remember that we have an even greater commitment moving forward to achieve more in the coming years.” – Bruno Wendling, president director of Fundtur, emphasized the importance of Bonito’s long-standing efforts in achieving certification. For more information, see here. A Call to Action for City Mayors and Tourism Secretariats City mayors and secretariats play a critical role in shaping sustainable tourism and reducing their cities’ environmental impact. By partnering with Green Initiative, cities can embark on a journey toward climate certification, ensuring a resilient future while promoting eco-friendly tourism. Green Initiative offers expert advisory and guidance, resources, and certification programs to help cities reduce their carbon footprint, protect and restore ecosystems, and lead the way in global climate action. We encourage city leaders to contact us to explore how their destination can become climate-certified and set a benchmark for sustainable urban tourism. We strongly encourage downloading Green Initiative’s Climate Action Guide for Tourism Destinations here. This comprehensive guide provides essential tools and strategies for reducing emissions, improving resource efficiency, and aligning with global climate commitments. By following the steps outlined in the guide, destinations can build resilience, attract eco-conscious travelers, and lead the way in responsible tourism. It’s a critical resource for those ready to take meaningful action for the future. Reach out to us today to start your city’s climate journey!

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Setting Climate and Nature Positive Goals A Pathway for Sustainable Business Leadership - Forest Friends Green Initiative

Setting Climate and Nature Positive Goals: A Pathway for Sustainable Business Leadership

In today’s corporate landscape, companies are increasingly adopting climate and nature positive goals to ensure that their business activities reduce environmental harm and contribute to the restoration and preservation of ecosystems. Achieving such goals requires combining strategic planning, emission reduction, and ecosystem restoration. Since our founding, Green Initiative has been helping businesses across various sectors work toward climate positive, carbon neutral, and carbon measured certifications. These certifications enhance organizations’ environmental responsibility and strengthen their market positioning in an era when sustainability is key. What Does It Mean to Be Climate Positive? A climate positive company goes beyond net-zero emissions by actively removing more carbon dioxide from the atmosphere than it emits. This involves efforts such as reducing operational emissions, switching to renewable energy, and supporting nature-based solutions like reforestation and habitat restoration. Achieving climate positive status requires companies to go beyond simply offsetting their carbon footprint. They must engage in activities that directly benefit the environment, ensuring a net positive impact on ecosystems and biodiversity. Certification Pathways: Climate Positive, Carbon Neutral, and Carbon Measured The Green Initiative certification programs provide structured pathways for businesses to reduce their environmental impact and work toward positive outcomes for both the climate and nature: Why Climate Positive Goals Matter? Climate and nature positive goals ensure businesses contribute positively to the planet rather than simply minimizing harm. These goals align with global climate action efforts, such as the Paris Agreement, and support biodiversity preservation under the Convention on Biological Diversity. For businesses, these certifications provide reputational advantages, foster customer loyalty, and attract investment from stakeholders who value sustainability. Companies that achieve climate positive status also position themselves as leaders in the transition to a low-carbon economy. Examples of Companies Setting Climate Positive Goals Here are some examples of businesses that have successfully integrated climate and nature positive goals into their operations through partnerships with Green Initiative: 1. WorldXchange: Pioneering Climate Positive Leadership in Currency Exchange WorldXchange, the first Climate Positive Certified currency exchange company, has set new standards in the financial sector by reducing its carbon footprint by 16% between 2021 and 2023. Furthermore, WorldXchange has gone beyond emissions reductions by planting over 300 trees in Madre de Dios, Peru, and is committed to planting more than 15,000 trees, reaching Forest Friends Accelerator certified partner status. Their efforts, which contribute to carbon sequestration and global climate awareness, position WorldXchange as a forward-thinking leader in integrating sustainability into the financial services sector. 2. Estância Mimosa Ecoturismo: A Leader in Ecotourism and Conservation Located in the heart of Brazil’s Pantanal region, Estância Mimosa Ecoturismo has adopted climate and nature-positive goals to protect the unique ecosystems surrounding its operations. The company has actively reduced its carbon footprint by reforestation projects, sustainable tourism practices, and biodiversity preservation efforts while promoting responsible ecotourism. Their ongoing conservation efforts help offset emissions and contribute to the long-term health of local ecosystems, making them a model for sustainable tourism. 3. Bio-Amayu – AJE Group: Combining Business Growth with Conservation Bio-Amayu, part of the AJE Group, focuses on producing sustainable beverages while protecting the ecosystems in the Amazon Rainforest. By using responsibly sourced ingredients and supporting reforestation projects, Bio-Amayu has made strides toward achieving climate positive goals. In collaboration with Green Initiative, the company is dedicated to reducing its carbon footprint while also investing in the regeneration of Amazonian forests. Their efforts contribute significantly to carbon sequestration and biodiversity protection, exemplifying how businesses can balance economic growth with ecological preservation. 4. Inkaterra Hotels: Regenerative Tourism at Its Best A pioneer in sustainable luxury tourism, Inkaterra Hotels is a shining example of how businesses can align luxury with environmental responsibility. With operations located in some of Peru’s most biodiverse areas, Inkaterra is deeply committed to environmental conservation, scientific research, and the empowerment of local communities. By achieving climate positive certification, Inkaterra supports reforestation and biodiversity conservation projects in the Peruvian Amazon and Andes regions. These efforts are aimed at both offsetting emissions from their hotel operations and contributing to the long-term preservation of Peru’s natural heritage. 5. Kuoda Travel: Promoting Responsible and Sustainable Travel Kuoda Travel, a leading luxury travel company in Peru, has embraced climate positive goals by offering sustainable travel experiences that minimize environmental impact. By partnering with Green Initiative, Kuoda ensures its carbon neutral operations and actively supports conservation efforts through nature-based solutions. Their commitment to reducing the carbon footprint of travel while supporting local conservation projects makes them a leader in the responsible travel sector, ensuring that tourism benefits both people and the planet. How Businesses Can Set and Achieve Climate Positive Goals? For companies aspiring to be climate positive, the Green Initiative certification process provides a roadmap: The Business Case for Climate Positive Goals Businesses that achieve climate positive certification contribute to global climate action and gain a competitive advantage. These companies are well-positioned to adapt to future regulatory changes, attract eco-conscious consumers, and foster greater brand loyalty. Additionally, companies that invest in ecosystem restoration and biodiversity conservation create long-term value for the planet, ensuring that it remains resilient to environmental challenges. Conclusion: Leading the Way Toward a Climate Positive Future The path to becoming climate positive is both an environmental and business imperative. By pursuing certifications through Green Initiative, companies like WorldXchange, Estância Mimosa Ecoturismo, Bio-Amayu – AJE Group, Inkaterra Hotels, and Kuoda Travel are leading the charge in creating a sustainable future. These companies demonstrate that integrating climate and nature positive goals is achievable and essential for long-term business success. By taking proactive steps to reduce emissions and restore ecosystems, businesses can ensure they contribute positively to the environment while benefiting from the growing market demand for sustainability. Now is the time for companies to set ambitious goals and take meaningful action toward building a more resilient, sustainable world. Contact us for expert advice on implementing climate and nature positive strategies in your business.

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Kuoda Travel Obtains Climate Positive Certification, Reaffirming Its Leadership in Sustainable Tourism

Kuoda Travel Obtains Climate Positive Certification, Reaffirming Its Leadership in Sustainable Tourism

Kuoda Travel, a leading travel agency specializing in creating personalized experiences in South America, has achieved the prestigious Climate Positive certification by Green Initiative. This recognition goes beyond carbon-neutral status and positions the company as a pioneer in sustainable tourism in the region. Since 2014, Kuoda Travel has worked closely with Green Initiative to measure and manage its carbon footprint. This involves a comprehensive assessment of all the emissions generated by its operations, including transportation, accommodations, and activities. Furthermore, engaging in initiatives to offset and mitigate these emissions, such as supporting reforestation projects and investing in renewable energy. The agency had previously obtained Carbon Neutral certification after meticulously measuring and offsetting its carbon footprint through sustainable regional projects. With the recent attainment of the Climate Positive certification, Kuoda neutralizes its greenhouse gas emissions and creates a positive impact on the environment. The Climate Positive certification was obtained after measuring and offsetting 100% of the emissions generated in 2023, with the additional contribution of tree planting in critical areas for ecosystem restoration, such as in Madre de Dios, Peru. This achievement reflects Kuoda Travel’s unwavering commitment to protecting the natural environment and its long-term vision to drive positive change in the tourism industry. “At Kuoda Travel, we have always believed in the importance of traveling consciously, respecting, and preserving the natural wonders we explore with our clients” said Mery Calderón, founder and director of Kuoda Travel. “This commitment is reflected in our tourism operations and the events and activities we organize. By becoming a Climate Positive company, we are not only maintaining our commitment to carbon neutrality but also striving to create a real and lasting impact for future generations.“ Kuoda Travel continues solidifying its leadership in sustainable tourism with a range of initiatives. These include ecosystem restoration projects, supporting renewable energy projects by purchasing carbon credits, promoting regenerative tourism that benefits local communities and the environment, and implementing responsible practices in its operations, such as waste reduction and energy efficiency measures. These initiatives are part of their ongoing commitment to sustainability and belief that responsible tourism can make a positive impact on the world. About Kuoda Travel Founded in 2008, Kuoda Travel is a luxury travel agency based in Cusco, Peru, specializing in designing unique and personalized experiences in South America. The name Kuoda evokes expansion, improvement, learning, and growth, values that guide the company in its meticulous approach to attention to detail and sustainability. Over the years, they have been recognized for excellence in service and unwavering commitment to responsible tourism practices. This commitment has led them to set new standards in the industry, ensuring a responsible and sustainable travel experience for their clients. Their recent achievement of the Climate Positive certification is a testament to this commitment and long-term vision to drive positive change in the tourism industry.For more information, visit https://www.kuodatravel.com/about-us/. Written by Virna Chávez, from the Green Initiative Team.

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