Top 5 climate change and sustainability news stories of the week

congressClimate Change Lawsustainability

4 minutes

By Libelula hace 8 year

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The week of March 12-16 was full of very good news for Peru in terms of progress in the fight against climate change. On Thursday, March 15, the new climate change framework law was approved, which will allow us to implement measures and reduce our vulnerability to this problem.

Here is a summary of the most important climate change and sustainability news of the week:

Congress unanimously approved the Framework Law on Climate Change.

With 94 votes in favor and 0 against, the Congress of the Republic today approved the Draft Framework Law on Climate Change (1314/2016), which aims to establish the legal and institutional framework to implement different measures to address climate change, reduce the country's vulnerability to this phenomenon, take advantage of the opportunities of low-carbon growth and comply with the international commitments assumed by the State before the United Nations Framework Convention on Climate Change. Source: SPDA

Tourism in protected areas generated S/. 2,340 million for Peru in 2017.

Tourism activity within Natural Protected Areas (NPAs) generated during 2017 a direct income of S/. 2,340 million to the local economy, as well as more than 36,000 jobs in localities and cities surrounding these areas, revealed the study “The local economic impact of tourism in protected areas of Peru”. Sources: Andes Amazon Fund, RPP, Andina, El Comercio, Gestión, Libélula

Up to 100 Peruvian companies will strengthen their performance and relationship with society and the environment.

Up to 100 Peruvian companies, including large, medium, small and micro enterprises, will benefit from a pilot project that will improve the social and environmental impact of their operations. With the support of CAF -development bank of Latin America-, Minsur and Sistema B Peru signed a collaboration agreement to measure and improve the social and environmental impact of the mining company, using the innovative measurement methodology of Sistema B, an organization that promotes an economy where success is measured by the well-being of people, societies and nature. Source: CAF

Experts will measure climate impact in cities.

According to UN Environment, cities are responsible for about 75% of global CO2 emissions, mainly from transport and buildings. In addition to being the source of emissions that cause climate change, cities suffer from its impacts. Sources: Dragonfly, UNFCCC

10 reasons why companies should take corporate social responsibility seriously from the outset.

Something just doesn't quite add up in the venture capital world. Most startups are founded by millennials, 76 % of whom believe that companies have the power to make a difference in the world. So why aren't most startups socially responsible?

On the other hand, of the $85 trillion in assets under management globally (approximately $1 trillion of which is in private equity funds), $23 trillion incorporates non-financial information such as environmental, social and corporate governance (ESG) data into its investment criteria and that figure is growing by about 25 % per year. So why does venture capital remain somewhat detached from this trend. Source: World Economic Forum