sustainable innovation

Green Initiative Welcomes Chipiliro Katundu as Director of Climate Finance for East and Southern Africa

Green Initiative Welcomes Chipiliro Katundu as Director of Climate Finance for East and Southern Africa

At Green Initiative, we believe that advancing a climate and nature positive future requires bold leadership, innovative finance, and deep local engagement. That is why we are proud to welcome Chipiliro Katundu as our new Director of Climate Finance for East and Southern Africa. A Visionary African Entrepreneur With more than 20 years of transformative leadership across the financial sector, Chipiliro has dedicated his career to advancing financial inclusion, innovation, and sustainable growth throughout Africa. He has served as a Bank CEO, held senior leadership roles across multiple countries, and contributed his expertise on bank boards, always driving strategies that expand opportunities for businesses and communities. His career reflects a powerful vision: building financial systems that not only deliver growth but also foster resilience and sustainability in a rapidly changing world. Innovation for Resilient Supply Chains As the Founder of Gigatt, a supply chain technology company, Chipiliro has pioneered solutions that help corporates and banks enhance efficiency, unlock liquidity, and promote sustainability. His work demonstrates how technology and finance can intersect to create resilient ecosystems, ensuring that businesses thrive while contributing to broader climate and social goals. This combination of finance, innovation, and sustainability uniquely positions him to lead climate finance strategies that will strengthen communities and unlock green opportunities across Africa. Driving Climate Finance in Africa In his role at Green Initiative, Chipiliro will focus on expanding access to climate finance solutions across East and Southern Africa. His mission is to empower local communities, SMEs, businesses, and governments with the resources and partnerships they need to accelerate climate resilience and inclusive green growth. Interview with Chipiliro Katundu To better understand his vision, we asked Chipiliro to share his insights on the future of climate finance in Africa: Africa is on the frontline of climate change, but we are also the frontier of climate solutions. We contribute less than 4% of global emissions, yet we bear the brunt of the impact. That challenge gives us a unique responsibility — and an unprecedented opportunity. With the youngest population on earth and vast renewable resources, Africa can leapfrog into inclusive, profitable green growth. But it will take bold partnerships. Corporates must rewire supply chains for sustainability, investing in clean energy, green logistics, and resilient communities. Financial institutions must channel capital into climate-smart SMEs and innovative projects, unlocking liquidity where it matters most. When business and finance align with Africa’s ingenuity, we don’t just solve today’s challenges — we design tomorrow’s economy. We create millions of green jobs, pioneer the industries of the future, and build resilience that strengthens not just Africa, but the entire planet. Africa’s role is not to follow — it is to lead, and to prove that the future of growth is green, inclusive, and African-led. For me, climate finance is not just about carbon — it is about competitiveness, resilience, and growth. SMEs are the backbone of Africa’s economies, but they are also the most vulnerable to climate shocks and the hardest hit by lack of liquidity. If we rethink the system, corporates can rewire supply chains by demanding and investing in sustainable practices — from clean energy in production to green logistics and resilient sourcing. At the same time, financial institutions must go beyond traditional lending and channel capital into climate-smart SMEs and innovative projects. That means unlocking liquidity where it matters most — in the small businesses creating jobs, innovating new solutions, and building stronger communities. When climate finance flows into SMEs, it does two things: it accelerates inclusive green growth today, and it lays the foundation for Africa to leapfrog into the sustainable industries of tomorrow.  Looking Ahead Chipiliro’s appointment marks a significant step in Green Initiative’s expansion in Africa. By combining financial expertise, digital innovation, and a strong commitment to sustainability, he will play a key role in mobilizing resources that drive climate-positive transformation across the continent. We are honored to have Chipiliro join our leadership team — and excited about the impact his vision will bring to our shared global mission. The Green Initiative Team

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The EU Right to Repair Law and Its Impacts on Global Sustainability and the Circular Economy

The EU Right to Repair Law and Its Impacts on Global Sustainability and the Circular Economy

The European Union has taken a transformative step towards sustainability and consumer rights with the introduction of the Right to Repair law. This legislation mandates that manufacturers provide affordable and accessible repair options for consumer electronics, marking a significant move towards reducing electronic waste (e-waste), extending product lifespans, and fostering a circular economy. However, beyond repairability, this law also has broader implications, affecting recycling policies, global sustainability efforts, and business strategies. With other regions considering similar regulations, the EU’s initiative is not just a regional policy—it’s a potential global blueprint for reducing waste and embracing climate-positive solutions. Why a Right to Repair Law is Necessary Before analyzing its impact, it is crucial to understand why the EU needed such legislation in the first place. 1. Barriers to Repairability in Product Design Some manufacturers implement design choices that make repairs more difficult, either intentionally or as a byproduct of other considerations such as cost, security, or durability. These barriers can include: While these practices may serve specific design, safety, or business objectives, they can also limit consumer choice and increase electronic waste, raising concerns about long-term sustainability and affordability of repairs. 2. Planned Obsolescence Leads to More E-Waste Planned obsolescence—where companies deliberately design products with a short lifespan—has become a significant issue. Many devices are:✔ Difficult to repair, making replacements the only viable option.✔ Software-limited, where updates slow down or disable older models.✔ Designed with non-replaceable batteries, forcing consumers to discard them sooner. 3. The Global E-Waste Crisis According to the Global E-Waste Monitor 2024, the world generated 62 million metric tons of e-waste in 2022, with only 22.3% properly collected and recycled. This marks a significant increase from previous years, with e-waste growing at a rate of 2.6 million metric tons annually. At this pace, global e-waste is expected to reach 82 million metric tons by 2030, further emphasizing the need for effective e-waste management strategies and repairability policies. Key Aspects of the EU’s Right to Repair Law The Right to Repair law, adopted in April 2024, includes several provisions to tackle these challenges: ✔ Manufacturers Must Offer Repair Services Beyond Warranty Periods✔ Spare Parts Must Be Available for Up to 10 Years✔ Consumers Must Be Informed About Repair Options Before Replacement✔ Repair Manuals & Diagnostic Tools Must Be Publicly Accessible This legislation primarily affects industries producing smartphones, tablets, laptops, and household appliances, ensuring that products remain usable for longer before being discarded. The Connection Between Repair and Recycling A common question arises: Why focus on repair instead of investing more in recycling? The answer is that both repair and recycling must work together to create a truly climate-positive, circular economy. How Repair and Recycling Complement Each Other 📖 Read more about the EU’s Circular Economy Action Plan Will Other Regions Follow? The EU’s Right to Repair law has set a global benchmark not just for repairability but also for the broader circular economy, which includes recycling, waste reduction, and resource efficiency. While the EU leads in enforcing repair-friendly regulations, other regions are adopting policies that combine repair with stronger recycling programs, extended producer responsibility (EPR), and waste reduction strategies. United States ✔ Right to Repair Initiatives: New York and California have introduced Right to Repair bills to give consumers more control over fixing their devices, though federal legislation remains in discussion.✔ E-Waste Recycling & Producer Responsibility: Several states, including Washington and Illinois, have e-waste recycling laws that require manufacturers to finance the collection and recycling of old electronics.✔ FTC Actions on Repair Monopolies: The Federal Trade Commission (FTC) has been cracking down on anti-competitive repair restrictions and advocating for policies that expand repair rights while also improving electronics recycling programs. Canada ✔ Legislative Push for Repairability: Canadian lawmakers are advocating for mandatory repairability standards, especially for consumer electronics and automobiles.✔ Extended Producer Responsibility (EPR) Laws: Provinces like British Columbia, Ontario, and Quebec have introduced EPR programs that require manufacturers to take back and recycle old electronics.✔ Battery & Electronic Waste Recycling: The Call2Recycle program, one of North America’s largest battery recycling initiatives, is expanding its reach, ensuring safer disposal of lithium-ion batteries. Australia ✔ Right to Repair in Agriculture & Consumer Electronics: Farmers have been pushing for greater access to repair agricultural equipment, particularly tractors, while the government is reviewing broader Right to Repair policies for appliances and electronic goods.✔ National E-Waste Recycling Scheme: Australia has a mandatory e-waste recycling program, requiring tech manufacturers to fund take-back and recycling systems for TVs, computers, and smartphones.✔ Product Stewardship Legislation: The government is introducing policies that ensure companies are responsible for their products’ end-of-life disposal, promoting both repairability and recyclability. Latin America & Developing Economies ✔ Repair as a Circular Economy Strategy: While Right to Repair laws are not yet widespread, local repair industries play a key role in reducing waste and extending product life cycles in many countries.✔ Growing Focus on E-Waste Management: Countries like Brazil, Colombia, and Mexico are expanding e-waste collection and recycling programs, ensuring that old electronics are properly processed rather than dumped in landfills.✔ Informal Repair and Recycling Sectors: In many developing countries, informal repair shops and recycling businesses contribute significantly to electronics reuse, but stronger regulatory frameworks are needed to ensure safe and sustainable practices. The Global Shift Towards a Circular Economy While different regions prioritize repair and recycling differently, the global trend is clear: governments are moving away from a linear “take-make-dispose” model and adopting policies that support both repairability and material recovery. ✔ Right to Repair laws are expanding worldwide, ensuring longer product lifespans.✔ Recycling policies, such as extended producer responsibility programs, are holding manufacturers accountable for waste management.✔ Battery and e-waste recycling initiatives are growing, ensuring hazardous materials are safely disposed of and valuable resources are recovered. The EU’s Right to Repair law is part of a larger sustainability movement that goes beyond repair—it is shaping a circular economy model that many other regions are adapting to their own needs. As governments continue to refine repair and recycling policies, businesses must

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Green Initiative, AlphaMundi, and Bankamoda: Driving Sustainability and Social Impact in the Fashion Industry

Green Initiative, AlphaMundi, and Bankamoda: Driving Sustainability and Social Impact in the Fashion Industry

A Game-Changing Partnership for Climate Action and Financial Inclusion In a groundbreaking collaboration, Green Initiative, AlphaMundi Group, and Bankamoda are joining forces to address climate change while empowering underserved communities in the fashion industry. This partnership, which merges environmental sustainability with financial inclusion, marks a significant step toward decarbonizing operations, achieving climate certifications, and fostering social equity in the fashion sector. Leading Financial Inclusion in Colombia’s Fashion Industry As Colombia’s premier fintech for the fashion industry, Bankamoda provides critical financial support to micro, small, and medium-sized enterprises (MSMEs). This sector, where 90% of businesses are unbanked and 82% of employees are women heads of households, represents a key opportunity for social impact. With access to a USD 8 billion fashion market and a projected 14% annual growth in its loan portfolio from 2022 to 2027, Bankamoda is driving economic development and gender equity. This strategic growth positions Bankamoda as both a financial inclusion leader and a vital contributor to Colombia’s fashion economy. Accelerating Climate Certification and Operational Decarbonization Through this partnership, Bankamoda is collaborating with Green Initiative to integrate climate-smart operational processes and achieve Climate Certification. This effort will set new benchmarks for sustainable innovation within the fintech sector while positively influencing Bankamoda’s value chain and client portfolio. By decarbonizing its operations, Bankamoda is not only enhancing its environmental impact but also differentiating itself as a forward-thinking financial institution in the global climate arena. Green Initiative is at the forefront of making climate finance accessible to businesses, especially those in emerging markets. Through simplified sustainability rating tools, certification guidance, and impact monitoring, Green Initiative ensures that resources are efficiently allocated to companies driving climate action. As a leader in impact investing, AlphaMundi Group is committed to funding enterprises that deliver measurable social and environmental benefits. By integrating carbon certification and net-zero strategies, AlphaMundi’s investments align with the United Nations Sustainable Development Goals (SDGs), fostering long-term resilience in the sectors it supports, including financial inclusion and renewable energy. The partnership between Green Initiative, AlphaMundi, and Bankamoda demonstrates how strategic collaboration can drive meaningful climate action while promoting financial inclusion. Together, we are creating a model for industry-wide transformation, empowering communities, and building a more sustainable and inclusive world.

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

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

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

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