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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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A Missed Opportunity: The UK Climate and Nature Bill Delay and Its Global Implications

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The UK government’s recent decision to delay the debate on the Climate and Nature Bill until July represents a significant setback in the global fight against climate change and biodiversity loss. Passed by 120 votes to seven to end discussions for now, the motion sends a troubling message about the urgency of addressing these twin crises. This decision, while seemingly administrative, has profound implications for climate action, biodiversity conservation, and sustainable development. The Consequences of Delay Time is not a luxury in the battle against climate change. Delaying critical legislation like the Climate and Nature Bill creates a policy vacuum that hinders progress on both national and international climate goals. As global leaders in climate action, organizations such as Green Initiative and Forest Friends emphasize the importance of maintaining legislative momentum to meet international commitments like the Paris Agreement and the Glasgow Declaration on Climate Action in Tourism. 1. Legislative Stagnation Undermines Climate Goals The postponement of the Climate and Nature Bill directly impacts the UK’s ability to implement policies that drive emissions reductions and protect vulnerable ecosystems. This delay is a missed opportunity to provide businesses, communities, and individuals with the regulatory framework needed to transition to a low-carbon economy. For Green Initiative, which certifies businesses for climate-positive practices, such inaction highlights the critical need for private-sector leadership to bridge the gap. 2. Biodiversity Left in the Balance From Forest Friends’ perspective, the delay further endangers fragile ecosystems and species already under threat. Legislation like the Climate and Nature Bill is crucial for safeguarding natural habitats and implementing nature-based solutions that combat both biodiversity loss and climate change. Without timely action, the UK risks falling behind in global efforts to restore ecosystems and protect biodiversity. Business Uncertainty in the Wake of Policy Inaction Delaying this bill creates uncertainty for businesses striving to align with future climate regulations. The lack of a clear policy framework makes it challenging for companies to invest in sustainable practices confidently. Green Initiative sees this as a call for businesses to take the lead in climate action, embracing voluntary certifications and proactive decarbonization strategies to mitigate risks and demonstrate their commitment to sustainability. In the tourism sector, the ripple effects are particularly concerning. Tourism contributes significantly to global emissions, and robust policies are needed to guide the industry toward decarbonization. Green Initiative, a leading certifier in tourism, stresses the importance of aligning with initiatives like the Glasgow Declaration to reduce emissions, regardless of governmental delays. The Role of Grassroots and Private Sector Leadership While policy delays are discouraging, they also highlight the power and responsibility of grassroots movements and private organizations. Forest Friends emphasizes the importance of community-led initiatives to restore ecosystems and promote sustainable practices, filling the void left by slow governmental action. Similarly, Green Initiative’s work demonstrates how businesses can adopt climate-positive practices independently, setting an example for peers and influencing policy indirectly through market pressure. A Call to Action The delay of the Climate and Nature Bill is a wake-up call for all stakeholders—governments, businesses, and individuals. The path forward requires collective responsibility: Seizing the Moment The current pause in the UK’s legislative process should be seen not as an end but as a chance to regroup and push harder for meaningful action. Organizations like Green Initiative and Forest Friends stand ready to support businesses, policymakers, and communities in driving progress. The challenges of climate change and biodiversity loss demand urgency, innovation, and collaboration—qualities we must all embrace to secure a sustainable future. “As we learn and evolve that aspects of economic development and prosperity can go hand in hand with climate and nature-positive action, a new generation of businesses and industries will arise, generating more jobs for the benefit of all.” By turning this delay into an opportunity for reflection and renewed commitment, we can ensure that climate and nature remain at the forefront of public and private agendas. Written by Yves Hemelryck, from the Green Initative Team. Suggested reading: Climate and Nature Bill falls as MPs vote to end debate – BBC.com

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Let’s Make 2025 the Year of Climate and Nature Positive Action

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As we enter 2025, the urgency to address climate change and biodiversity loss has never been greater. But there’s hope and momentum—by planning and acting intentionally, we can create a positive impact for the planet. In 2024, Copernicus Climate Change Service indicates global temperatures exceeded 1.5°C above pre-industrial levels for the first time, marking a significant milestone in climate change. This unprecedented warming has led to more frequent and severe climate-related disasters, such as wildfires, floods, and heatwaves, underscoring the urgent need for comprehensive climate action. The breach of this critical threshold highlights the importance of implementing sustainable practices and policies to mitigate further environmental degradation. At Green Initiative, we’re here to help individuals, communities, and businesses make 2025 a year of bold and meaningful climate and nature-positive progress. Here’s how you can start planning: 1. Set Clear Goals for Climate and Nature Positivity The journey to becoming climate positive goes beyond reducing emissions—it involves actively restoring the planet. This could mean switching to renewable energy, improving energy efficiency, or supporting reforestation efforts. Businesses can also take an important step by getting certified as Climate Positive, Carbon Neutral, or Carbon Measured. Certification ensures transparency and accountability in your sustainability goals. If you’re ready to get started or need to prepare for recertification, learn more here. 2. Partner with Forest Friends for Ecosystem Restoration Reforestation is one of the most impactful ways to fight climate change and restore biodiversity. At Forest Friends, we make it easy for you to plant native trees in critical areas, and you can even gift the trees planted to friends and those you love. By supporting Forest Friends efforts, you’re not just offsetting carbon emissions—you’re revitalizing ecosystems and empowering local communities. Forest Friends also provides tools to calculate your carbon footprint and track the impact of your contributions. 3. Embrace Everyday Sustainability Small, consistent actions in your daily life can lead to big changes over time: 4. Get Certified or Prepare for Recertification For businesses and organizations, certifications are an essential way to demonstrate your commitment to sustainability. Climate-positive and carbon-neutral certifications not only help the planet but also resonate with customers and stakeholders who value transparency. If you’re new to the process or gearing up for recertification in 2025, this guide offers all the details you need to get started. If you are in the travel and tourism industry, read our Climate Action Guide for Tourism Businesses and Destinations and catch up on the best regenerative travel and tourism practices. 5. Advocate and Collaborate Spread the word about climate and nature-positive actions in your networks. Advocate for policies that support sustainability and partner with like-minded organizations to amplify your impact. Collaboration strengthens individual efforts and drives systemic change. Why 2025 is Crucial This year is a pivotal moment for global sustainability efforts. The choices we make now will shape our collective future. Whether you’re planting trees with Forest Friends, pursuing a climate certification, or reducing your carbon footprint, every action counts. Let’s make 2025 a year of bold, meaningful change. Together, we can create a future where both people and nature thrive. Ready to act? Contact us to explore our climate certifications and visit Forest Friends to support reforestation today.

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

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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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Catastrophic Decline in Global Wildlife Populations: A System in Crisis

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WWF’s flagship Living Planet Report details sharp declines in monitored wildlife populations with the steepest drops recorded in Latin America and the Caribbean (95%), Africa (76%) and Asia–Pacific (60%), followed by North America (39%) and Europe and Central Asia (35%). The latest report from the World Wildlife Fund (WWF) has brought alarming news to the forefront: wildlife populations worldwide have suffered an unprecedented 73% decline in just 50 years. This revelation is more than just a statistic—it is a wake-up call that underscores the fragility of our natural ecosystems and the impact of human activities on biodiversity. Over the past 50 years (1970–2020), the average size of monitored wildlife populations has shrunk by 73%, as measured by the Living Planet Index (LPI). This is based on almost 35,000 population trends and 5,495 species of amphibians, birds, fish, mammals and reptiles. Freshwater populations have suffered the heaviest declines, falling by 85%, followed by terrestrial (69%) and marine populations (56%). The Living Planet Report, a detailed analysis of global wildlife trends, exposes how habitat loss, climate change, overexploitation, pollution, and invasive species are driving the decline of species essential to our planet’s health. Without immediate action, we risk crossing irreversible ecological thresholds, with dire consequences for wildlife and humanity. Declines in wildlife populations can act as early warning indicators ofincreasing extinction risk and the potential loss of healthy ecosystems. When ecosystems lose resilience they are more susceptible to additional disturbance and the report examines how the dual crises of nature loss and climate change are pushing the planet closer to dangerous and irreversible tipping points. The Living Planet Report underlines the urgency of the world meeting global goals on nature, climate and sustainable development by 2030. To achieve this, it presents solutions to transform conservation and the energy, food and financial systems in a fair and inclusive way. The report warns that the next five years will be crucial for the future of life on Earth but that there is hope. The Alarming State of Wildlife Decline According to the WWF’s findings, the decline in wildlife populations is not evenly distributed across regions or species. Some areas, particularly those rich in biodiversity like the Amazon rainforest and African savannahs, are experiencing even more severe reductions. For instance, freshwater species have declined by an average of 83%, the most significant drop across any species category. WWF attributes these losses primarily to the following factors: The Ripple Effect: Why Wildlife Decline Matters to Us All Wildlife plays an integral role in maintaining ecosystem balance. The sharp decline in biodiversity directly affects ecosystem services that humans rely on, such as pollination, water purification, climate regulation, and soil fertility. The loss of these services can lead to food and water insecurity, increased natural disasters, and economic instability. Pollinators, such as bees, birds, and bats, are essential for agricultural productivity. Their decline threatens global food supplies and the agricultural economy. Similarly, wetlands and forests act as natural carbon sinks, absorbing greenhouse gases from the atmosphere. As these ecosystems degrade, our ability to combat climate change diminishes, exacerbating global warming and its associated impacts. Economic Implications: Nature’s Positive Value Beyond Measure The financial cost of losing wildlife and degrading ecosystems is immense. According to WWF and other environmental economists, the global economy could suffer trillions of dollars in losses annually if current trends continue. Natural resources provide livelihoods for millions of people, especially in developing countries where eco-tourism, fisheries, and agriculture are primary sources of income. The degradation of ecosystems threatens these economies, leading to job losses, increased poverty rates, and greater social inequalities. Investing in nature conservation is not just about protecting wildlife; it’s about sustaining a healthy economy, ensuring food security, and building resilience against climate-related risks. A Call to Action: What Needs to Be Done Addressing the wildlife crisis requires urgent, collective action at all levels of society. WWF’s report outlines several key strategies for reversing the decline: Green Initiative’s Perspective: Regenerative Tourism as a Solution In alignment with WWF’s call for integrated solutions to the wildlife crisis, Green Initiative, a leader in sustainable development, emphasizes the role of regenerative tourism in transforming how we interact with nature. His upcoming white paper outlines six dimensions of regenerative tourism: Community Engagement, Biodiversity, Climate, Water, Landscapes, and Governance. Regenerative tourism aims to enhance environmental conservation and promote economic development by fostering deeper connections between travelers and local communities. This approach minimizes tourism’s impact on natural habitats and actively contributes to the restoration and preservation of wildlife ecosystems. The Role of Individuals in Wildlife Conservation While large-scale policies and international cooperation are critical, individual actions can also make a meaningful impact. Here are some ways that each of us can contribute to the cause: A Path Forward: Hope Amidst the Crisis Despite the grim statistics, there is still hope. Nature’s resilience means that with dedicated efforts, many ecosystems and species can recover. Success stories of species brought back from the brink of extinction demonstrate that change is possible when humanity unites for a common cause. The WWF’s report serves as both a warning and a guide, highlighting the need for immediate, coordinated action to halt wildlife decline and restore nature’s balance. We can steer the planet toward a more resilient and prosperous future by embracing sustainable practices, investing in conservation, and prioritizing biodiversity in policy and business decisions. Conclusion The unprecedented decline in global wildlife populations is not just a crisis for nature; it’s a crisis for humanity. Our future depends on the health of the planet’s ecosystems. As we stand on the brink of a tipping point, our actions today will determine the legacy we leave for future generations. Now is the time for global leaders, industries, and individuals to act decisively and collaboratively. It’s still possible to make a difference, but the window of opportunity is closing rapidly. Together, we can protect the planet’s biodiversity, secure our future, and create a world where people and nature thrive. For more in-depth insights, visit the WWF’s official

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The European Union’s Nature Restoration Law: A Model for Global Restoration Efforts?

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In a groundbreaking effort to tackle the dual crises of biodiversity loss and climate change, the European Union has adopted the Regulation on Nature Restoration. This new legislative framework is a pivotal component of the European Green Deal and the EU Biodiversity Strategy for 2030, aiming to restore degraded ecosystems across the continent, enhance biodiversity, and strengthen climate resilience. Background and Objectives The Regulation responds to the urgent need to restore Europe’s natural habitats, which are in a state of decline due to various human activities, including intensive agriculture, urbanization, pollution, and climate change. It builds on existing conservation efforts under the EU Habitats Directive and the Birds Directive, expanding their scope and introducing legally binding restoration targets. Furthermore, the EU Regulation on Nature Restoration aligns seamlessly with the UN Decade on Ecosystem Restoration (2021-2030), a global initiative aimed at preventing, halting, and reversing the degradation of ecosystems worldwide. This UN initiative underscores the critical importance of large-scale restoration efforts in addressing biodiversity loss and climate change, themes that are echoed in the EU’s ambitious targets. This alignment not only reinforces the global urgency for ecosystem restoration but also positions the EU as a leader in driving international efforts towards a more sustainable and resilient future. Key Provisions The Regulation sets ambitious targets to restore degraded terrestrial, inland water, coastal, and marine ecosystems. By 2030, at least 30% of these ecosystems are to be under restoration, with a long-term goal of covering all ecosystems in need of restoration by 2050. Specific targets include: EU Member States must develop and implement national restoration plans, based on scientific evidence, that include measures to improve the condition of habitats and species listed in the Habitats and Birds Directives. Restoration measures should ensure continuous improvement until favorable conservation status is achieved. In addition, the Regulation highlights the link between biodiversity and climate change with restoration projects aimed at contributing to climate change mitigation and adaptation, enhancing natural carbon sinks and increasing ecosystem resilience. Synergy with the European Climate Law is crucial, particularly its aim for climate neutrality by 2050. Special attention is given to marine habitats, with specific restoration actions mandated for marine species and habitats in alignment with the Marine Strategy Framework Directive. Member States must report on their progress towards the restoration targets, using standardized indicators and methodologies. The European Environment Agency (EEA) will play a key role in supporting these efforts, ensuring transparency and accountability. The Regulation provides for financial support from various EU funding mechanisms, including the Common Agricultural Policy (CAP), the LIFE Programme, and the European Maritime and Fisheries Fund (EMFF). Incentives for private land conservation and sustainable management practices are also included. Challenges and Opportunities Implementing the Regulation will face several challenges. Adequate funding and technical expertise are essential for the success of restoration projects and technical and financial resources will need to be mobilized at scale to achieve the targets established. In addition, effective collaboration with local communities, farmers, foresters, and other stakeholders will be critical for success as implementation must reconcile ecological restoration with socio-economic activities, ensuring that restoration efforts do not unduly disrupt livelihoods. Yet, the opportunities are significant. Restored ecosystems can provide numerous benefits, including improved air and water quality, enhanced biodiversity, climate regulation, and increased resilience against natural disasters, and the restoration economy can create high-quality jobs and stimulate sustainable growth that lasts. Conclusion The EU Regulation on Nature Restoration represents a landmark step towards a sustainable future. By setting ambitious, legally binding targets for ecosystem restoration, the Regulation aims to reverse biodiversity loss, enhance climate resilience, and promote a healthier environment. Successful implementation will require concerted efforts from all Member States, robust scientific support, and active stakeholder participation. EU member states must begin planning to submit national restoration plans to the Commission, providing details on how they will deliver on the targets and monitor and report on their progress based on EU-wide biodiversity indicators. The adoption of the Regulation reaffirms that environmental sustainability remains a top priority for the EU despite recent electoral results, meaning that companies remain compelled to adopt sustainable business practices that minimize their environmental footprint and are nature positive. This adds to the heightened accountability companies now face, including from the perspective of financial disclosures on nature-related risks. Implementation across EU Member States will impact business operations significantly and will require companies to prepare to align their activities with evolving national regulations, which may mean adjusting current practices to comply with emerging standards. This signals a pivotal moment for EU businesses, which must plan ahead to adapt and innovate within a stricter environmental framework. Written by Frédéric Perron-Welch, from the Green Initiative team.

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World Environment Day 2024 - Green Initiative

Celebrating World Environment Day 2024: Honoring Our Planet’s Biomes

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June 5, World Environment Day 2024 On this World Environment Day, we celebrate and commit to protecting the incredible diversity of life on our planet. Each biome plays a crucial role in maintaining Earth’s ecological balance and sustaining life. This year, we are digging deep into land restoration, desertification, and drought resilience under the UN Environment Programme slogan “Our land. Our future. We are #GenerationRestoration.” The Vital Role of Biomes Tropical Rainforests Tropical rainforests, like the Amazon and the Congo Basin, are the lungs of our planet. They are teeming with biodiversity and are vital for regulating the global climate. These irreplaceable treasures support countless species and are essential for our planet’s health. Let’s commit to preserving these lush, vibrant ecosystems. Fun Fact: A single hectare of rainforest can contain over 750 types of trees and 1,500 species of higher plants. Savannas Savannas, spanning Africa, South America, and Australia, support a rich variety of wildlife and ecosystems. These grasslands, with their seasonal rains, remind us of nature’s resilience and the importance of sustainable land use. Protecting savannas ensures the survival of the diverse species that inhabit them. Fun Fact: The Serengeti in Africa hosts the largest terrestrial mammal migration in the world, with over 1.5 million wildebeest and 200,000 zebras making their annual trek. Deserts Deserts, such as the Sahara and the Gobi, teach us about survival and adaptation in the harshest conditions. Despite their arid nature, deserts are teeming with life uniquely adapted to thrive where water is scarce. Protecting these fragile ecosystems is crucial for maintaining their delicate balance. The Great Green Wall initiative, aiming to restore 100 million hectares of land in Africa, exemplifies efforts to combat desertification and promote land restoration. Fun Fact: The Sahara Desert, the largest hot desert in the world, spans 9.4 million square kilometers—about the size of Canada. It is home to over 500 plant species and 90 different species of birds. Diverse Biomes and Their Unique Contributions Temperate Forests Temperate forests, found in North America, Europe, and Asia, enchant us with their changing seasons and diverse flora and fauna. These forests are essential for carbon storage, soil conservation, and providing habitat for countless species. Ensuring these woodlands remain vibrant and healthy is crucial for future generations. Fun Fact: The oldest known tree in the world, a bristlecone pine named Methuselah, is located in California’s White Mountains and is over 4,800 years old. Taiga (Boreal Forest) The Taiga, or Boreal Forest, stretches across Canada, Russia, and Scandinavia, forming the largest terrestrial biome on Earth. These coniferous forests are crucial carbon sinks and home to species uniquely adapted to cold climates. Preserving the Taiga helps combat climate change and supports biodiversity. Fun Fact: The Taiga represents about 30% of the world’s forest cover, playing a significant role in absorbing carbon dioxide from the atmosphere. Tundra The Tundra, with its cold, treeless plains and permafrost, is a reminder of nature’s extremes and the fragility of life in harsh environments. Found in Arctic regions and high mountains, the Tundra is vital in regulating global temperatures and supporting unique wildlife. Fun Fact: The Arctic Tundra is home to the largest and most successful land predator, the polar bear, which can travel over 30 kilometers a day in search of food. Marine Biomes Marine biomes, covering about 70% of Earth’s surface, include oceans, coral reefs, and estuaries. They support an immense variety of life and are crucial for global climate regulation. Protecting our oceans is essential for maintaining the planet’s health. Fun Fact: The Great Barrier Reef in Australia is the largest coral reef system in the world, spanning over 2,300 kilometers and hosting over 1,500 species of fish. Freshwater Biomes Freshwater biomes, such as rivers, lakes, and wetlands, provide habitat for diverse species and are vital for human survival. Lakes, rivers, and wetlands hold 20-30% of global carbon despite occupying only 5-8% of the land surface. The Nile River, widely regarded as the world’s longest waterway, exemplifies the critical importance of freshwater ecosystems. Fun Fact: The Nile River, widely regarded as the world’s longest waterway, flows through 11 different countries and stretches 6,695 kilometers. Terrestrial and Land-Based Ecosystems Soil and Water Soil is the planet’s most biodiverse habitat, with almost 60% of all species living in it. Healthy soils store massive amounts of carbon, which, if released, would cause a huge spike in planetary warming. Only 0.5% of water on Earth is usable and available freshwater, and climate change is dangerously affecting this supply. Over the past two decades, land-based water storage—including soil moisture, snow, and ice—has dropped at a rate of 1 centimeter per year, severely impacting water security and food production. Drylands Drylands cover 41% of the Earth’s land surface and 78% of the world’s rangelands. They generate 44% of global crops, provide feed for half of the world’s livestock, and support the lives and livelihoods of over 2 billion people. Despite their arid conditions, drylands are home to more than a quarter of the world’s forests and a third of global biodiversity hotspots. Protecting drylands is essential for sustaining the ecosystems and communities that depend on them. Farmlands and Urban Ecosystems Farmlands Farmlands are crucial for global food production, yet they face significant challenges. Every five seconds, the equivalent of one football pitch of soil is eroded. It takes 1,000 years to generate just 3 centimeters of topsoil, and every year, more than 24 billion tonnes of priceless topsoil are washed or blown away worldwide. Agricultural expansion continues to threaten forests and biodiversity. The world will need to raise its food production by 60–70% to feed a projected human population of 9 billion by 2050. Close to 75% of the world’s fruit and seed crops depend on pollinators like bees, which contribute to 35% of the world’s total crop production. Despite their importance, pollinators are in serious decline due to intensive agricultural practices, pesticide use, invasive species, diseases, and climate change. Globally, at least 2 billion people depend on the agriculture sector

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How Companies Sharing Climate Commitments are Coming Together to Reduce Transaction Costs and Accelerate Decarbonization

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In an era when environmental responsibility is no longer optional, companies worldwide are recognizing the necessity of committing to climate action. This shared commitment is a moral imperative and a strategic business decision. By collaborating, companies are discovering that they can more effectively reduce their transaction costs and accelerate the decarbonization of their operations. The tourism industry provides a compelling example of how this synergy works. Tourism: A Case Study in Collaborative Climate Action Tourism is an industry with significant environmental impacts, but it also has vast potential for positive change. Two companies, Kuoda Travel, and Inkaterra Hotels, exemplify how businesses can leverage shared climate commitments to achieve greater sustainability and economic efficiency. Kuoda Travel: Reducing Carbon Footprints Through Sustainable Accommodations Kuoda Travel, a US-based tourism operator, is integrating accommodations that comply with international climate standards into its tourism experiences. This strategic move is more than a marketing angle; it’s a substantial step towards reducing its carbon footprint. By choosing partners who prioritize sustainability, Kuoda Travel is minimizing its environmental impact and reducing its carbon mitigation costs. This cost reduction makes their commitment to net zero emissions more feasible and financially sustainable. “At Kuoda, we dedicate ourselves to responsible business practices just as much as we encourage mindful travel practices. For this reason, we spent the last several years committed to minimizing our environmental impact as much as possible. Thanks to Green Initiative, in 2019, Kuoda became Carbon Neutral as the first step towards bold climate action and protection by signing The Glasgow Declaration on Climate Action in Tourism. In 2022, we took it one step further and became a certified Climate Positive business, going beyond neutrality alone and instead finding ways to actively benefit and improve the environment by removing harmful gasses from the atmosphere.” Inkaterra Hotels: Gaining a Competitive Edge On the other hand, Inkaterra Hotels, renowned as the first climate-positive hotel group in the world, gains a competitive advantage by partnering with like-minded companies such as Kuoda Travel. Inkaterra’s climate-positive status means they go beyond achieving net zero emissions by actively removing more carbon dioxide from the atmosphere than they emit. This distinction positions them as an attractive and responsible business partner, appealing to eco-conscious travelers and businesses. Inkaterra annually caters to more than 200,000 travellers. It has been recipient of the 2015 PURE Award on the ‘Contribution to Experiential Travel’ category; the Relais & Châteaux Environment Trophy (2013); WTTC Tourism for Tomorrow Awards in the Conservation Category (2012); Travel+Leisure Global Vision Award (2011); and National Geographic Traveler’s Best Practices Award for Sustainable Travel (2002). In 2012 Inkaterra became the first world hotel enterprise to be recognized with the International Certificate in Sustainable Tourism by the CU Green Choice Sustainable Tourism Standard. More than 4,000 locals have been trained since Inkaterra was founded. Career opportunities on hospitality, field guidance and agroforestry projects on cacao and Brazil nut, are bonded to Inkaterra’s sustainable approach. Workshops and conferences are constantly organized for local communities to raise awareness on environmental care. Logistics: Electric Trucks Powering Sustainable Distribution Delphin Group and BioAmayu have formed a partnership in the logistics sector that showcases the benefits of shared climate commitments. Delphin Group provides electric trucks for last-mile logistical services, significantly reducing emissions associated with delivery. BioAmayu, the first climate-positive fruit juice made from Amazon-sourced ingredients, benefits from this low-carbon distribution mode. This collaboration is further strengthened by AJE Group‘s investment in electric trucks, demonstrating how joint efforts can drive sustainability and operational efficiency. Through this partnership, BioAmayu can distribute its products in an environmentally responsible manner, setting a precedent for other companies to follow. The Synergy of Shared Values The collaboration between Kuoda Travel and Inkaterra Hotels, as well as Delpin Group and BioAmayu, are collaborative cases. They reflect a growing trend where companies with shared values in climate action understand the mutual benefits of working together. By aligning their business practices with environmental goals, these companies can achieve: Global Implications and Future Prospects This collaboration model is gaining traction worldwide. As more companies recognize that climate action is good for the planet and beneficial for their bottom line, we can expect to see increased partnerships similar to those of Kuoda Travel and Inkaterra Hotels. This approach is a testament to the power of collective action in addressing global challenges. In conclusion, integrating climate commitments into business operations and partnerships is proving to be a viable strategy for reducing transaction costs and accelerating the decarbonization of operations. The tourism industry’s example shows that when companies unite under a common cause, they can achieve remarkable outcomes that benefit both their businesses and the environment. Written by the Green Initiative team.

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Join the Global Movement: World Environment Day 2024

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World Environment Day, celebrated annually on June 5, is the largest global platform for environmental public outreach. With hundreds of millions of participants worldwide, this day is a testament to the power of collective action in tackling the most pressing ecological challenges of our time. This year, the UN Decade on Ecosystem Restoration, Green Initiative and Forest Friends invite you to join this incredible movement focused on Land Restoration, Desertification, and Drought Resilience. Why Participate? Our planet is facing unprecedented environmental challenges. Desertification, land degradation, and droughts increasingly affect millions of lives, threatening food security, water supply, and biodiversity. This year’s theme emphasizes the urgent need to restore land, prevent desertification, and secure water sources. By participating in World Environment Day, you can make a tangible difference in your community and contribute to global efforts to protect our planet. Share Save and post the images bellow and help disseminate on social media using the hashtags #WorldEnvironmentDay #GreenInitative #ForestFriends. How to Get Involved There are countless ways to participate in World Environment Day, and every action counts. Here are some ideas to inspire you: Register Your Event Register your event on the World Environment Day Global Map Website to make your participation official. You’ll join a global network of environmental champions and receive a certificate of participation from the United Nations recognizing your contribution to this vital cause. Spread the Word Help us amplify the message by sharing your plans and experiences on social media using the hashtags #WorldEnvironmentDay #GreenInitative #ForestFriends. Please encourage your friends, family, and community members to get involved and make a positive impact on our planet. Together, We Can Make a Difference World Environment Day is more than just a day—it’s a movement for change. By participating, you’re joining millions of people worldwide in taking a stand for our environment. Let’s work together to restore our land, prevent desertification, and build resilience against drought. No matter how small, every action contributes to a healthier and more sustainable world. Register Now and Be Part of the Change! Take advantage of this opportunity to make a difference. Register your event today, and let’s take action for a greener, healthier planet this World Environment Day.

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Forests for Life: The Importance of Action on International Day of Forests

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A Call to Action and Reflection As we celebrate the International Day of Forests this Thursday, March 21st, it’s more than a moment for contemplation—it’s a rallying cry for proactive engagement. This year shines a spotlight on Sustainable Development Goal 15: Life on Land, emphasizing forests’ pivotal role in sustaining biodiversity, underpinning ecosystems, and preserving the delicate balance vital to our planet’s wellbeing. In the face of global challenges like climate change and environmental degradation, initiatives such as the Green Initiative Climate Positive Certification and the Forest Friends Certification are notable for the dedication of businesses and individuals to reforesting and rejuvenating essential ecosystems in some of the planet’s most biodiverse areas. Pioneering Reforestation Efforts The verdant expanses of the Península de Osa in Costa Rica, stretching to Tambopata and Chaparrí in Peru, are witnessing the seeds of hope and rejuvenation being sown by Green Initiative Forest Friends. These regions, renowned for their abundant biodiversity, are transforming into symbols of hope and regeneration through the joint efforts of local communities, businesses, and the emerging field of regenerative tourism. The backing from these entities magnifies the impact of reforestation projects. It serves as a blueprint for sustainable development that can inspire others. Peninsula de Osa, in Costa Rica, houses 2.5% of global terrestrial biodiversity. Peninsula de Osa is considered one of the most biodiverse regions, harboring 2.5% of the global terrestrial biodiversity. This megadiversity has received the region’s attention from biologists, primatologists, botanical collectors, and conservationists. It has the most significant wetland ecosystem and mangrove forests in Central America. By planting trees on Peninsula de Osa, we aim to protect animal and tree species, including several threatened species from the IUCN Red List, such as the endangered Central American Squirrel Monkey, also known as Mono Titi, which is threatened mainly by deforestation for agriculture and development, leading to a decline in their extent of occurrence and area of occupancy of 60% over the last 27.5 years. Our restoration initiative aims to reinforce the growing wildlife corridor between the Osa Peninsula and the Talamanca Mountains, which the Osa Conservation Project protects. Local inhabitants receive training and incentives to preserve the ecosystem and engage in sustainable harvesting practices as part of our restoration efforts. Click here to become a Forest Friends certified partner or individual. Tambopata, in Madre de Dios, is a region considered to be the capital of biodiversity in Peru, representing 5% of all biodiversity in the world. The Madre de Dios rainforest is formed by a tremendous Amazonian plain or low jungle; it is one of the wealthiest life formations on earth, with a high plant biodiversity of up to 300 tree species/ha (Gentry, 1988). The department of Madre de Dios has been given the title of “Capital of Biodiversity of Peru” through Law No. 26311, in the merit of its natural wealth. By planting trees in Madre de Dios, we aim to protect animal and tree species, including several threatened species from the IUCN Red List, such as the Jaguar, which is threatened by suspected declines of 20-25% in its population caused by habitat quality decline or fragmentation. Since 2008, the threats to the Jaguar, on a global scale, have continued or intensified. Therefore, our restoration efforts aim to reinforce the Vilcabamba Amboro wildlife corridor that spans the southeastern region of Madre de Dios. Local inhabitants receive training and incentives to protect the ecosystem and engage in sustainable harvesting practices as part of our restoration efforts. Click here to become a Forest Friends certified partner or individual. Chaparrí, in Lambayeque – Peru, is a region with underrepresented dry forest ecosystems. The Chaparri Ecological Reserve, located in the Equatorial Pacific region in Peru is a seasonally dry forest managed by the Muchik Santa Catalina Community of Chongoyape. Seasonally dry forests are amongst the most endangered ecosystems, with less than 10% of their original extent remaining in Latin American and Caribbean countries. The Equatorial Pacific region is also known for a remarkable species richness and level of endemism. By planting trees in Lambayeque, we aim to safeguard animal and tree species including several threatened species from the IUCN Red List such as the Andean Bear which is threatened by habitat degradation, given an approximate 30% of habitats are unsuitable for inhabitants due to lack of connectivity. Habitat suitability is also greatly decreased by human development activities including but not limited to; exploration for oil or expansion for agriculture. Therefore, our restoration efforts aim to reinforce the underrepresented ecosystems in the Chaparri Ecological Reserve. This reserve is in dire need of conservation due to several incidences of urban invasion and extended periods of drought. As part of our restoration efforts, local inhabitants receive training and incentives to protect the ecosystem and engage in sustainable harvesting practices. Chaparrí Emblematic Species Wildlife: Andean Bear, Andean Condor and the Puma.Flora: Palo Santo, Sapote and Huayacan. Click here to become a Forest Friends certified partner or individual. Strengthening Environmental Conservation Through Partnership The collaboration from businesses and individuals in environmental initiatives highlights the significance of united efforts in conservation. Those organizations investing in reforestation not only aid in carbon offsetting but also exhibit a commitment to corporate social responsibility, bolstering their brand and engaging stakeholders. Meanwhile, the Travel and Tourism Market represents an enormous opportunity for more tourists to positively affect the ecosystems they visit, ensuring their environmental footprint is beneficial through Regenerative Tourism. Regenerative tourism is an approach to travel and tourism that goes beyond the principles of sustainability. Instead of merely seeking to minimize the negative impacts of tourism on the environment and local communities, regenerative tourism aims to actively improve and regenerate the ecosystems, cultures, and economies of the destinations visited. It focuses on meaningful experiences that foster a deep connection between tourists and the destination, encouraging a sense of responsibility and participation in local conservation and cultural preservation efforts. It promotes practices that restore nature, rebuild social systems, and revitalize economies in ways that are holistic, inclusive, and forward-thinking. Businesses across

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