Climate Positive

CLIMATE-SMART AGRICULTURE - Green Initiative

Achieving the Triple Win of CSA

Enhancing Food Security and Climate Resilience Climate-smart agriculture (CSA) is an integrated approach to managing landscapes—cropland, livestock, forests and fisheries—that addresses the interlinked challenges of food security and accelerating climate change. CSA aims to simultaneously achieve three outcomes: Increased productivity Produce more and better food to improve nutrition security and boost incomes, especially of 75 percent of the world’s poor who live in rural areas and mainly rely on agriculture for their livelihoods. Enhanced resilience Reduce vulnerability to drought, pests, diseases and other climate-related risks and shocks; and improve capacity to adapt and grow in the face of longer-term stresses like shortened seasons and erratic weather patterns. Reduced emissions Pursue lower emissions for each calorie or kilo of food produced, avoid deforestation from agriculture and identify ways to absorb carbon out of the atmosphere. While built on existing knowledge, technologies, and principles of sustainable agriculture, CSA is distinct in several ways. First, it has an explicit focus on addressing climate change. Second, CSA systematically considers the synergies and tradeoffs that exist between productivity, adaptation and mitigation. Finally, CSA aims to capture new funding opportunities to close the deficit in investment. Find out more about CSA basics, planning, financing, investing, and more in the online guide to CSA developed in collaboration with the Research Program on Climate Change, Agriculture, and Food Security (CCAFS) of the CGIAR. GREEN INITIATIVE: PARTNERING WITH agribusiness TO IMPLEMENT CLIMATE-SMART BUSINESS STRATEGIES Are you an agribusiness looking to promote climate-smart practices? Contact Green Initiative today and benefit from our expert advisory services. Our team of experienced climate advisors can help you develop and implement customized climate action strategies that meet your business needs and align with the Triple Goals of Climate-Smart Agriculture (CSA). Take the first step towards a sustainable future – contact us now to learn more!

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Sustainable Business Leadership Through Climate Positive Certification

Sustainable Business Leadership Through Climate Positive Certification

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

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

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

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

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

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

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

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Methane GAS Emissions and climate change

Methane Emissions and climate change

Anthropogenic methane emissions and their implications for climate change within the next decade The Sixth Assessment Report from the Intergovernmental Panel on Climate Change (IPCC) stresses with high confidence that net greenhouse gas (GHG) emissions since 2010 are characterized by an increasing trend. Particularly, estimates in 2019 state the agricultural sector and other land-use activities are responsible for 22% of anthropogenic, or human-induced, global greenhouse emissions (IPCC, 2022). In this context, carbon dioxide and methane emissions have been identified to be significant contributors to global warming. Carbon dioxide, for example, once emitted into the atmosphere has been estimated to linger for roughly 300 to 1000 years (Buis, 2019) before it is fixed into biomass or mineralized into ocean or land sediments by natural processes. Thus, carbon’s multigenerational lifespan in the atmosphere often leads to a trend in climate action projects centered on reducing carbon dioxide emissions exclusively. However, methane has been found to have 84-87 times the global warming potential (GWP) than carbon dioxide on a 20-year timescale (IPCC, 2022), while estimates using the 100-year timescale, which is commonly adopted by organizations across the globe, shows a mere 24 times difference between the GWP of methane and carbon dioxide. As a result, scientists often stress the need to use cumulative metrics, that do not operate on a timescale, to accurately represent the impact of short-lived climate pollutants, like methane, on global temperatures within the next decade and consequently use this understanding to develop more efficient policies to reduce the negative effects of climate change in the near future (Allen et al., 2018). Governmental policies on methane emissions Due to alarming estimates of methane’s contribution to 30% of global warming to date (IEA, 2022), global methane initiatives strive to promote the use of methane as a clean energy source along with governmental organizations like the Environmental Protection Agency (EPA) that are opting to strengthen their policies against methane emissions, and the European Union (EU), that have set ambitious goals to reduce 30% of their methane emissions by 2030. Particularly, there is increasing scientific and analytical evidence that reducing anthropogenic methane emission by 50% over the next 30 years could help to maintain the global average temperature increase below 2 degrees Celsius and therefore, contribute to the climate goals established in the Paris Agreement. (Mckinsey, 2021; Arndt, 2022) Solutions to the anthropogenic emission of methane in the agriculture sector Promoting the industry switch to reduced methane emissions is not as simple as establishing governmental sanctions across the globe for many reasons, including concerns related to food security. Hence, several solutions are being implemented to reduce methane emissions from the agriculture sector, particularly for livestock, which have been estimated to account for 32% of human-induced methane emissions (UNEP, n.d.). These solutions include: Feed additives Such as garlic, clove, and seaweed, have been found to reduce methane emissions from ruminant animals. These additives can reduce the amount of methane produced during digestion, ultimately leading to lower emissions. Alternative feeds Like oilseed crops or legumes, can improve the quality of feed and reduce the amount of methane produced by animals. Alternative feeds can also help to reduce the amount of land required for grazing and improve soil quality. Breeding and genetics Specialized programs can be used to produce animals that are more efficient in their digestion, thereby reducing the amount of methane produced during digestion. Methane capture and reuse Methane can be captured from livestock manure and reused as a source of energy. This can be done through the use of anaerobic digesters, which can convert manure into biogas that can be used for electricity or heat. Precision livestock monitoring Technologies such as remote monitoring and smart feeding and watering systems can help to improve the efficiency of livestock production and reduce methane emissions. Novel Research in Molecular Engineering: Promising Strategies for Reducing Methane Emissions in Livestock Furthermore, novel research in the field of molecular engineering has a significant potential to reduce methane emissions by manipulating the metabolic pathways of livestock and the microbial communities in their digestive tracts. One solution involves the use of feed supplements that inhibit the activity of methanogens, which are the microorganisms in the rumen of livestock that produce methane during digestion. The results observed a consistent reduction in methane gas emissions by up to 30% for dairy cows and 90% for meat cows in experimental conditions (Palangi & Lackner, 2022). In addition, other studies explored the use of RNA interference molecules (Bradford et al., 2017) to inhibit the expression of certain genes in methanogens, blocking the production of proteins involved in methane production. Other similar approaches use the well-known, and often less costly CRISPR-CAS9 gene-editing tool (Subdei et al., 2022). Although more research is needed to understand the biological mechanisms underlying methanogens, the cost-effectiveness on a large scale, and some ethical considerations involved in gene manipulation, these developments outline a promising future for the reduction of methane emissions in the agricultural industry. Comprehensive Climate Action: Accounting for GWP Metrics and Developing Cost-effective Solutions to Reduce Emissions Despite Green Initiatives’ focus on removing carbon dioxide from the atmosphere, we understand the importance of fighting climate change on all fronts and thus, we consider Global Warming Potential (GWP) metrics to account for the short- and long-lived effects of carbon dioxide, methane, and nitrous oxide. Furthermore, we take climate action to the next level by advising our clients on developing cost-effective, climate-friendly solutions to reduce harmful emissions. Contact us to learn more and become a part of our climate champions. This article was writen by Marc Tristant, from the Green Inititative team. References: Allen, M. R., Shine, K. P., Fuglestvedt, J. S., Millar, R. J., Cain, M., Frame, D. J., & Macey, A. (2018). A solution to the misrepresentations of CO2-equivalent emissions of short-lived climate pollutants under ambitious mitigation. Npj Climate and Atmospheric Science, 1(1). https://doi.org/10.1038/s41612-018-0026-8 Arndt, C., Hristov, A. N., Price, W. J., McClelland, S. C., Pelaez, A. M., Cueva, S. F., Oh, J., Dijkstra, J., Bannink, A., Bayat, A. R.,

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19-04-23 Green Initiative Post The importance of investing in carbon capture technologies

The Importance of Investing in Carbon Capture Technologies

The Earth’s natural carbon sinks: Understanding their vital role in climate change The Earth has a remarkable ability to naturally sequester carbon, through a variety of processes that occur in ecosystems including forests, grasslands, wetlands, soils, and oceans. These natural processes, also known as “sinks,” play a crucial role in removing carbon dioxide, a major greenhouse gas, from the atmosphere and storing it in the Earth’s ecosystems. Although, recent studies suggest significant carbon sinks such as the Amazonia, may no longer be capturing as much carbon as they release. (Denning, 2020) The Impacts of Climate Change on Natural Carbon Sequestration Processes: Disruptions and Consequences Rising temperatures, changing precipitation patterns, and altered ecosystems due to climate change have disrupted natural carbon sequestration processes. For example, climate-induced disturbances such as wildfires, droughts, and floods can disrupt ecosystems, leading to changes in vegetation growth, carbon storage in soils, and oceanic carbon uptake. These combined impacts of climate change and human activities are reducing the Earth’s ability to naturally sequester carbon, contributing to the increase of atmospheric carbon dioxide levels and exacerbating climate change. Exploring the Potential and Limitations of Forest Regeneration as a Climate Mitigation Strategy To counteract the negative effects associated with increasing atmospheric carbon dioxide levels, climate certification and advisory companies most commonly employ the method of forest regeneration. This method is preferred due to the limited amount of required monitoring and maintenance, the added benefits to biodiversity and soil conservation, and its cost-effectiveness. Scientists estimate forest regeneration has the potential to store an equivalent of 25% of the atmospheric carbon pool (Bastin et al., 2019). However, forest regeneration is a time-consuming process and requires large areas of land, often resulting in land-use conflicts. Furthermore, considering the UN’s ambitious goal to reach carbon neutrality by 2050, it is unreasonable to hypothesize all the carbon mitigation will occur through forest regeneration. Carbon Capture and Storage (CCS) and Bioenergy with Carbon Capture and Storage (BECCS): Potential, Limitations, and the Need for Investment Decarbonization can also take place through Carbon Capture and Storage (CCS) and Bioenergy with Carbon Capture and Storage (BECCS). These emerging technologies have the potential to help mitigate the relatively large carbon footprint of aviation, maritime, and heavy industries that are considered hard to abate, as they have limited low-carbon alternatives currently available. For example, estimates suggest that CCS has the potential to capture and store up to 45% of the CO2 emissions from industrial processes. Even in the most conservative scenarios, these technologies are expected to scale up in demand enough to remove at least 2 gigatons per annum (GTPA) of carbon dioxide by 2050. However, we are still at the very beginning of development, with CCS and BECCS requiring large amounts of energy to operate and thus, having a limited carbon capture efficiency. Analyst estimates suggest a 120-fold increase in carbon uptake needs to occur for these technologies to be viable to achieve climate goals by 2050 (McKinsey, 2022) Therefore, private investment in these technologies is essential to achieve global decarbonization as it is only through advancements in material science, manufacturing, and engineering optimizations that we achieve technological improvements. Join the Climate Champions: Partner with Green Initiative for Sustainable Solutions At Green Initiative, we strive to help our clients stay up to date with the latest developments in climate action and provide our clients with the necessary tools and knowledge to set a plan to achieve decarbonization, reduce their carbon footprint, and contribute to a sustainable future. Contact us to learn more and become a part of our climate champions! This article was writen by Marc Tristant, from the Green Inititative team. References: Bastin, J., Finegold, Y., Garcia, C., Mollicone, D., Rezende, M., Routh, D., Zohner, C. M., & Crowther, T. W. (2019). The global tree restoration potential. Science, 365(6448), 76–79. https://doi.org/10.1126/science.aax0848 Denning, A. S. (2021). Southeast Amazonia is no longer a carbon sink. Nature, 595(7867), 354–355. https://doi.org/10.1038/d41586-021-01871-6 Scaling the CCUS industry to achieve net-zero emissions. (2022, October 28). McKinsey & Company. https://www.mckinsey.com/industries/oil-and-gas/our-insights/scaling-the-ccus-industry-to-achieve-net-zero-emissions

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29-03-23 From Fast Fashion to Sustainable Style The Urgent Need to Decarbonize the Fashion Industry - img blog post

From Fast Fashion to Sustainable Style: The Urgent Need to Decarbonize the Fashion Industry

Fashion Industry Valued at Over $2.5 Trillion, but will it remain competitive? The global fashion industry was valued at over $2.5 trillion in 2020 and is projected to grow to $3.3 trillion by 2025. However, the industry’s rapid growth has come at a cost to the environment. According to data, the fashion industry accounts for 10% of global carbon emissions and is the second-largest consumer of water worldwide. Climate Change’s Economic Toll: Fashion Industry Loses Over $4 Billion in 2019 The economic cost of climate change is significant and affects many industries, including fashion. Extreme weather events, such as floods and droughts, disrupt global supply chains, affecting the production and transportation of goods. In 2019, the fashion industry suffered losses of over $4 billion due to the impact of climate change on cotton production. Climate Change Sparks Rise in Sustainable Fashion Market, Valued at $9.81 Billion by 2025 Rising temperatures can also significantly impact fashion customers’ behavior, which in turn can affect the fashion industry’s bottom line. According to a survey by McKinsey & Company, 66% of global consumers are willing to pay more for sustainable products, including clothing. This shift towards sustainability is also reflected in the growth of the global sustainable fashion market, which is projected to reach $9.81 billion by 2025. Transforming the Fashion Industry: Climate Action as a Key Business Strategy to Reduce Environmental Impact Although the fashion industry’s environmental impact is significant, from the production of synthetic fibers to the use of toxic chemicals in textile manufacturing, not to mention that the industry is also known for its high-water consumption, with an estimated 2,700 liters of water required to produce one cotton shirt, introducing climate action at the core of the industry business model, would reduce its carbon footprint, water consumption, and waste generation. Climate Inaction Could Cost Fashion Industry’s Financial and Reputational Losses One compelling argument for the fashion industry to engage in climate action is that failure could lead to significant financial and reputational risks. As climate change becomes an increasingly pressing issue for consumers, investors, and regulators, fashion companies that do not take action to reduce their environmental impact may face negative consequences such as consumer boycotts, regulatory penalties, and decreased investor confidence. Leading Fashion Brands Take Action to Mitigate Environmental Impact and Reap Long-Term Benefits In contrast, companies that take proactive steps to mitigate their environmental impact and demonstrate a commitment to sustainability are more likely to attract consumers and investors who value responsible business practices, potentially leading to long-term financial and reputational benefits.Here are a few recommendations and examples of how lead fashion brands are progressively engaging in serious decarbonization: Overall, strong market arguments exist for the fashion industry to shift towards low carbon emissions and sustainable fashion. By doing so, fashion brands can reduce their environmental impact and appeal to consumers, mitigate risks, improve their reputation, and realize cost savings. Green Initiative Empowers the Fashion Industry to Embrace Sustainability, Mitigate Risks, and Save Costs At Green Initiative, we are working with the Fashion and Textile industry to support them in adopting climate-action best practices that are helping them adapt to intense climate regulation and a net-zero emissions economy. Click here to contact our team of experts and find out how we can help empower your fashion business.

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Why should the Wine Industry in Latin America Integrate Climate Action at the core of their business models?

Why should the Wine Industry in Latin America Integrate Climate Action at the core of their business models?

The wine industry is one of Latin America’s most important export sectors, especially for countries like Argentina, Chile, and Uruguay. Wine production in Latin America has grown rapidly over the past few decades, accounting for a significant share of global wine production. For example, in 2019, Argentina was the fifth largest wine-producing country in the world, with a production of over 14 million hectoliters, while Chile was the ninth largest, with a production of over 10 million hectoliters (OIV, 2020). On the other hand, Uruguay is a small but significant player in the premium wine market, focusing on high-quality wines (Uruguay XXI, 2021). The Economic Impact of the Wine Industry in Latin America: Job Creation, Tourism, and Export Growth According to a report by the Inter-American Development Bank (IDB), the wine industry in Latin America is an important driver of economic growth, generating jobs and income for rural communities and contributing to the development of the local economy (IDB, 2019). In Argentina, for example, the wine industry generates over 20,000 jobs and contributes to the country’s tourism industry (Wines of Argentina, 2021). In Chile, the wine industry is a significant source of exports, accounting for over 2% of the country’s total exports (Chilean Wine, 2021). Similarly, in Uruguay, the wine industry contributes to the country’s exports and tourism industry, focusing on high-end wines (Uruguay XXI, 2021). Challenges and Opportunities: Why Integrating Climate Action is Essential for the Future of the Wine Industry in Latin America The wine industry in Latin America is facing significant challenges due to climate change. As a result, grape yields, quality, and the industry’s overall sustainability are being affected. In order to address these challenges, it is essential for the wine industry in Latin America to integrate climate action and promote sustainability. In addition to the environmental and social benefits, integrating climate action in the wine industry in Latin America can have economic benefits.  By integrating climate action at the core of their business models, Latin American wine producers can mitigate climate risk and benefit from opportunities to reduce costs, increase efficiency, promote product innovation, and tap into emerging net-zero emissions value chains. EU’s Carbon Border Adjustment Mechanism and Its Implications for the Wine Industry in Latin America The European Union has introduced the Carbon Border Adjustment Mechanism (CBAM) to ensure that imported goods meet the same environmental standards as those produced within the EU. The CBAM is expected to significantly impact the wine industry in Latin America, as it will require exporters from Latin America to pay a carbon price based on the carbon footprint of the exported product. This mechanism will encourage exporters to reduce their carbon footprint and ensure that companies that take proactive measures to reduce their emissions and promote sustainability are more likely to succeed in the European market. Green Initiative: Partnering with Latin American Wine Producers to Implement Climate-Smart Business Strategies Latin American wine producers seeking to integrate climate action into their business models can benefit from expert guidance and support from Green Initiative. Green Initiative’s advisory services specialize in helping companies develop and implement climate action strategies that reduce their carbon footprint, promote climate-smart practices, and connect to emerging net-zero emissions value chains. Through a comprehensive approach that includes science-based carbon footprint assessments, strategy development, and implementation support, Green Initiative can help Latin American wine producers navigate the complex landscape of climate action and take concrete steps to achieve their decarbonization goals. Are you a wine producer in Latin America looking to reduce your carbon footprint and promote climate-smart practices? Contact Green Initiative today and benefit from our expert advisory services. Our team of experienced climate advisors can help you develop and implement customized climate action strategies that meet your business needs and align with emerging net-zero emissions value chains. Take the first step towards a sustainable future – contact us now to learn more!

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Why Logistics Companies Should Provide Climate Smart Services and Gain Competitive Advantages

Why Logistics Companies Should Provide Climate Smart Services and Gain Competitive Advantages

The logistics industry is a vital component of the global economy, responsible for transporting goods and materials worldwide. However, it is also a significant contributor to greenhouse gas emissions and climate change. According to the International Energy Agency (IEA), the transportation sector accounted for 24% of global energy-related CO2 emissions in 2019. As a result, logistics companies are increasingly looking for ways to reduce their environmental impact and promote sustainability. Going Green: Climate-Smart Services in Logistics for a Sustainable Future Climate-smart services are transportation and logistics solutions designed to minimize environmental impact. These services can take many forms, including carbon-neutral shipping, electric or hybrid vehicles, and efficient routing and packaging.Logistics companies can lower their operational costs and improve their bottom line by reducing energy consumption and greenhouse gas emissions. In addition, by promoting sustainable practices throughout the supply chain, logistics companies can help reduce the industry’s overall carbon footprint and contribute to global efforts to combat climate change. Urgent Need for Logistics Companies to Prioritize Climate Action for Sustainable Supply Chains Logistics companies must adopt climate action at the core of their business model to effectively provide climate-smart services. These include investing in fuel-efficient vehicles, optimizing routes, reducing packaging waste, and collaborating with suppliers and customers to promote sustainable practices throughout the supply chain. Green Initiative: Empowering Logistics Companies to Achieve Climate Goals with Advisory and Certification Services Green Initiative’s climate advisory and certification services can help logistics companies achieve these goals. For example, Green Initiative can conduct a carbon footprint assessment to identify areas for improvement, guide high-impact climate action, and offer carbon offsetting programs to help companies mitigate their carbon footprint. Governments and international organizations also implement policies and regulations to promote climate-smart logistics. For example, the International Maritime Organization (IMO) has set targets to reduce carbon emissions from the shipping sector by at least 50% by 2050. The European Union is promoting low-emission vehicles and alternative fuels in transport through initiatives like the Green Deal and the Sustainable and Smart Mobility Strategy. In summary, sustainable logistics is crucial to addressing climate change. Companies and organizations can help build more sustainable logistics systems that benefit both the environment and global trade by employing various strategies to reduce emissions, optimize supply chains, and leverage digital technologies. By partnering with Green Initiative, logistics companies can take a proactive approach to climate action, reduce their environmental impact, and help address the urgent challenge of climate change. Click here to contact us.

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15-03-23 Latin American Exporters Worried About Impacts of EU's Carbon Border Adjustment Mechanism on Agricultural and Food Trade

The Potential Impact of EU’s Carbon Border Adjustment Mechanism on Latin American Food Producers: Mitigation Actions and Support from Green Initiative

Latin American Food Exporters Worried About Impacts of EU’s Carbon Border Adjustment Mechanism on Agricultural and Food Trade The European Union’s Carbon Border Adjustment Mechanism (CBAM) has been a hot topic of discussion lately, especially for developing countries that export to the EU. The CBAM aims to prevent carbon leakage by requiring importers to pay a carbon price equivalent to that paid by EU producers, creating a level playing field for trade. However, Latin American exporters are concerned that this could put them at a disadvantage. According to a report by the Inter-American Institute for Cooperation on Agriculture (IICA), the CBAM could have significant impacts on agricultural and food trade in Latin America and the Caribbean. It could increase production costs for exporters and make their products less competitive in the EU market, potentially leading to a decline in exports and income for Latin American farmers and producers. In addition, Latin American countries are also worried about the environmental effects of the CBAM. The World Bank Group’s report on the CBAM notes that some Latin American countries are among the most vulnerable to climate change and are already experiencing its effects. Climate Mitigation Actions Latin American Food Producers Can Take to Mitigate the Impact of EU’s CBAM To help mitigate mitigate the impact of the CBAM and address the urgent need to reduce greenhouse gas emissions, food producers in Latin America can take a number of climate mitigation actions. These include: By taking these climate mitigation actions, food producers in Latin America can reduce their carbon footprint, improve the sustainability of their production practices, and prepare for the potential impacts of the CBAM. In addition, these actions can help reduce costs, increase efficiency, and enhance the resilience of food production systems in the face of climate change. Green Initiative Offers Climate Certification and Advisory Services to Help Latin American Food Producers Navigate the CBAM and Reduce their Carbon Footprint Green Initiative offers climate certification and advisory services for climate action to support Latin American food producers in reducing their carbon footprint and complying with potential future policies such as the CBAM. Their services can help identify areas where emissions can be reduced, develop strategies to implement sustainable farming practices, and implement renewable energy solutions. Additionally, their supply chain analysis services can help identify opportunities to improve supply chain efficiency and reduce carbon footprint. By working with Green Initiative, Latin American food producers can receive expert guidance to navigate the complex landscape of climate policy and sustainability standards, and position themselves for success in a rapidly changing market.

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