eco-friendly travel

Peru First in Latin America to Enshrine Circular Economy Roadmap for Tourism

Sustainable Tourism: The First Mover

Peru has become the first country in Latin America to enshrine a circular-economy roadmap as part of its climate action in tourism national policy. On March 27th, by executive decree, Peru quietly made history. The government of José María Balcázar Zelada signed Decree Supreme N° 003-2026-MINCETUR, approving the Circular Economy Roadmap for Tourism to 2030 — the first legally binding instrument of its kind in Latin America. The timing was not accidental. With Peru`s tourism sector preparing for COP31 in Turkey, and the Glasgow Declaration on Climate Action in Tourism — the sector’s most ambitious collective climate commitment, with over 850 signatory organizations — advocating  for exactly this kind of national policy architecture, Peru stepped forward as the region’s standard-bearer. The declaration, launched at COP26, calls on all signatories to halve tourism emissions by 2030 and reach net zero before 2050. What had been a global pledge now has, for the first time in the Americas, a national legal framework behind it. The numbers attached to the roadmap outline a significant future opportunity. While circularity is not currently a major contributor to the tourism GDP, the government projects that by 2030, the implementation of these practices could inject 1.2 billion soles (roughly $345m) into the sector’s economy. Alongside this growth, nearly 31,000 new jobs are expected to be created in sustainable tourism activities along circular value chains. The environmental targets according to MINCETUR are equally ambitious: the mitigation of 74m tonnes of CO₂ equivalent and the restoration of more than 2m hectares of ecosystems and natural and cultural heritage. For Minister of Trade and Tourism José Reyes Llanos, the logic is straightforward. “Tourism is one of the activities with the greatest capacity to generate opportunity,” he said at the roadmap’s official launch. “But it also faces an obvious challenge: to grow without compromising the very resources that make its own development possible.” That tension — between growth and the environmental foundations that sustain it — is precisely what the roadmap is designed to manage. From Declaration to Decree The roadmap emerge from one year of technical and participatory work, bringing together public agencies, private operators, academia, civil society and communities. The legal architecture is equally robust: implementation is co-supervised by both MINCETUR and the Ministry of Environment (MINAM), with a built-in mechanism for periodic revision and a sectoral commission — designed to lock in multi-stakeholders’ governance platform. For the UN Tourism Office of the Americas, the significance of Peru’s move extends well beyond its borders. Heitor Kadri, the office’s regional representative, was unambiguous about what this moment represents for the global agenda: “We applaud Peru’s effort to position circularity as a strategy for climate action, sustainability, and competitiveness by translating its commitment into an actionable policy instrument, in line with the requirements of the Glasgow Declaration. For the Americas, this serves as a relevant reference that may inspire other countries in the region and globally. UN Tourism will continue to actively support Peru in implementation and in sharing its expertise.” — Heitor Kadri, UN Tourism Office Representative of the Americas Competitiveness, Not Just Compliance Sophia Dávila, Director of Environmental Tourism Affairs at MINCETUR, and the official who led the roadmap’s technical construction, is at pains to frame the instrument in competitive rather than regulatory terms: “This roadmap is the result of a wide participatory process. By 2030, Peru will not only be known for its wonders but for its circularity in tourism. We are transforming the entire value chain—from waste reduction to water efficiency, ensuring that every tourist’s visit leaves a positive footprint on our territory.” – Sophia Dávila, Director of Environmental Tourism Affairs, MINCETUR That framing reflects a deliberate strategic choice. In a region where private operators have long dismissed environmental mandates as sunk costs, Peru is anchoring its broader climate-action goals directly to the bottom line. Positioning circularity as a driver of business competitiveness, rather than a regulatory compliance burden, is the surest way to accelerate the industry investments in low-carbon business models. The Coalition Behind the Policy The roadmap’s journey from concept to decree was led by MINCETUR and supported by the Spanish Agency for International Development Cooperation (AECID) through the “Turismo Circular Perú” project — officially titled the Coalition for a Circular, Inclusive and Climate-Smart Tourism — which CANATUR, Peru’s national tourism chamber, led as its executing organization, with Green Initiative as its technical partner. Carlos Loayza, CANATUR’s General Manager, described the ambition behind the transformation the project seeks to drive: “We are looking to transform the sector with a new tourism model, where recycling, energy efficiency, sustainable design and climate commitment are part of the DNA of micro, small and medium-sized tourism enterprises. We believe there is enormous opportunity here, and this project will consolidate it ahead of 2030.” Within the Turismo Circular project specifically, technical execution relied on a strategic collaboration between MINCETUR, CANATUR and Green Initiative. Acting as a key advisory partner, Green Initiative supported core aspects of the process by providing the methodological frameworks required for consistent and well-informed decision-making. This advisory role is part of the firm’s broader commitment to support Peru’s climate action policy and practice, guiding circular and climate-smart tourism strategies across destinations including Machu Picchu, Ollantaytambo, Choquequirao and Cabo Blanco. The Road to Turkey With COP31 on the horizon and tourism now embedded in the global climate roadmap for the first time, the question is no longer whether the sector can contribute to climate action — but which countries will help define how. Peru’s accumulated expertise and recent policy commitments position it as a credible reference for the region, and potentially beyond, if ambition continues to translate into implementation. The circular-economy roadmap carries meaningful institutional weight: its targets are binding rather than aspirational, and its governance structure is built around a commission with a formal mandate rather than an advisory body. For a region that has historically struggled to convert environmental ambition into durable policy, that distinction matters — and is worth watching closely. Prepared by Yves

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Circular Economy in Tourism An Essential Strategy for Climate Action and Sustainable Development of the Sector

Circular Economy in Tourism: An Essential Strategy for Climate Action and Sustainable Development of the Sector

Tourism, recognized as an engine for development and a promoter of cultural exchange, operates as a highly complex sector. Its structure ranges from small community-based enterprises to giant hotel chains and airlines, interacting within diverse and often fragile ecosystems. This very complexity places the sector at the center of a critical dual reality in the current era. The industry is highly vulnerable to climate change impacts such as extreme weather events, sea-level rise, and alterations in seasonal patterns that threaten destinations. Simultaneously, it significantly contributes to the causes of these changes. Frequently cited estimates from organizations like the World Tourism Organization (UNWTO) indicate that the sector’s carbon footprint accounts for between 8% and 10% of global GHG emissions when considering its entire value chain. This situation demands an urgent and profound transformation, as the prevailing tourism model for decades, based on a linear “take-make-dispose” economy, is currently unsustainable. In this context, the Paris Agreement, the most relevant global commitment to limit global warming to well below 2°C, establishes the binding framework for action. Key sector initiatives, such as the Glasgow Declaration on Climate Action in Tourism, translate this imperative into concrete goals for the sector: halving emissions by 2030 and achieving Net Zero as soon as possible before 2050. To address this challenge, the Circular Economy emerges not merely as another alternative, but as the fundamental operational strategy. Applied to tourism and grounded in principles promoted by leading entities like the Ellen MacArthur Foundation and adopted in policies and guidelines by multilateral organizations, the Circular Economy offers the practical tools to dismantle the linear model. Its goal is to radically optimize resource use (energy, water, materials, food) and, consequently, minimize the carbon footprint, thus becoming the main driver for fulfilling the climate commitments derived from Paris and Glasgow. The project “Coalición Turística por una Economía Circular, Inclusiva y Climáticamente Inteligente” (Tourism Coalition for a Circular, Inclusive, and Climate-Smart Economy), a collaboration between CANATUR and AECID, with technical support from Green Initiative and funding from the European Union, recognizes the circular economy as a key tool that contributes to the global objectives associated with the current climate crisis. The general objective of such projects is to implement a circular development model centered on an economy where reuse, recovery, recycling, extending the useful life of products, and reducing the carbon footprint in the tourism sector prevail, while also promoting innovation and competitiveness in a fair and equitable manner. Implementing circularity in tourism involves fundamentally redesigning the experience and operation, following its basic principles: In practice, this materializes through a comprehensive approach that spans the entire tourism value chain. Some concrete examples include: Adopting these circular practices is not only essential for planetary health and meeting binding climate commitments, but also generates operational efficiencies, reduces costs, and enhances reputation. The transition from a linear production and consumption model to a circular model that prioritizes the reuse, recovery, and recycling of resources is essential for both environmental integrity and sustainable economic growth. The adoption of a circular economy model in tourism lays the operational groundwork for sustainable and responsible management. This vision of circularity prepares us and paves the way for an even greater aspiration: Regenerative Tourism—a type of tourism that not only avoids harm but actively revitalizes ecosystems, communities, and local cultures, aiming to leave them better than found. The CANATUR and AECID project is dedicated to fostering a more sustainable and low-carbon tourism model within Peru, thus establishing itself as a crucial undertaking for the global climate agenda. Recommended additional reading: World Tourism Organization (UNWTO). (2023). Climate Action in the Tourism SectorThis report provides an overview of greenhouse gas emissions measurement in tourism and assesses the sector’s climate action efforts.👉 Climate Action in the Tourism Sector World Tourism Organization (UNWTO). (2024). Policy Guidance to Support Climate Action by National Tourism AdministrationsThis policy guidance assists National Tourism Administrations in developing tourism climate action policies and initiatives to support the low-carbon transition.👉 Policy Guidance to Support Climate Action Ellen MacArthur Foundation. (2021). Circular Economy IntroductionAn introduction to the circular economy, explaining its principles and how it aims to eliminate waste and regenerate nature.👉 What is a circular economy? This article was written by Musye Lucen from the Green Initiative Team. Related Articles

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WorldXchange Renews Its Climate Positive Commitment and Takes a Step Further with LATA Responsible Tourism Awards Application

WorldXchange Renews Its Climate Positive Commitment and Takes a Step Further with LATA Responsible Tourism Awards Application

At Green Initiative, we proudly celebrate the ongoing climate leadership of our partner: WorldXchange. In 2025, WorldXchange not only renewed its Climate Positive Certification — maintaining its role as the first and only currency exchange company in the world with this distinction — but also took a bold step forward by submitting its application for the prestigious LATA Responsible Tourism Awards 2025 in the Nature-Positive Tourism category. This recognition is a testament to the company’s deep-rooted vision: tourism and finance can, and must, be forces for positive change. Elevating Tourism’s Second Face: From Currency Exchange to Environmental Stewardship WorldXchange operates in Peru’s major tourist corridors, with offices in Lima, Cusco, and Arequipa — cities that are gateways to some of the most biodiverse and culturally rich regions of Latin America. Although primarily a financial service provider, WorldXchange understood early on that its strategic position within airports — the “first and last impression” of many visitors — placed it at the heart of the tourism value chain. In partnership with Green Initiative, WorldXchange adopted a robust Measure-Reduce-Offset (MRV) strategy, achieving verified emissions reductions, supporting reforestation projects in the Amazon region of Madre de Dios, and engaging over 250,000 travelers annually in education efforts about climate, biodiversity, and regenerative tourism practices. Beyond internal transformation, WorldXchange’s leadership helped catalyze broader change: after its carbon-neutral and Climate Positive achievements, Lima Airport updated its concession contracts to require environmental accountability from all vendors — a ripple effect that now influences one of Latin America’s busiest airports. A New Milestone: LATA Responsible Tourism Awards Application This year, WorldXchange has taken another major step by submitting its candidacy for the LATA Responsible Tourism Awards under the Nature-Positive Tourism category. Their application highlights several key achievements: WorldXchange’s story perfectly exemplifies how companies traditionally outside the “green tourism” space can fully embrace regenerative practices — and even lead sectoral transformation. Looking Ahead: Sustaining and Expanding Climate Leadership As WorldXchange continues its journey, the company remains committed to deepening its climate and nature-positive impact. In 2025, it is finalizing its latest carbon footprint assessment and preparing new targets to further lower its emissions and environmental footprint per traveler served. At Green Initiative, we are proud to stand beside WorldXchange as it redefines the role of financial service providers in sustainable tourism. Their achievements are a clear reminder that climate-positive leadership can — and must — be integrated across every link of the tourism value chain. Congratulations to the entire WorldXchange team for their renewed certification, their bold steps forward, and their unwavering commitment to a more sustainable future! This article was written by Ella Baehringer from the Green Initiative team Related reading

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