May 2023

Eco Travel and
Sustainable Tourism

Above: Planeterra worked with women in the community to establish the Ccaccaccollo Women’s Weaving Co-Op and funded training programs to bring back lost weaving traditions.

You’ll probably want to get your luggage out when you read our new ‘Eco Travel and Sustainable Tourism’ issue. Yes, it has been a while since we covered this topic, but with so many of you traveling again, we felt it was time to bring it back. Did you know that ecotourism has grown to comprise 15%* of the total $8 trillion tourism industry market? It’s time, in our post-Covid world, for a new look at travel, from responsible community tourism to sustainable air travel. Can the travel industry play a larger part in the Green Economy with less impact on both local and global ecosystems? *2023 Ecotourism Market Outlook – Future Markets Insights

So now that you’ve found your luggage and passport, welcome to our May 2023 travel issue. The articles include How to Regenerate and Rejoice at Finca Luna Nueva Lodge in Costa Rica; then Planeterra looks at the Impactful Power of Community Tourism; long-time eco-travel leader Megan Epler Wood covers how Tourism Destinations are Beginning the Transition to a Greener Economy; and world traveler/financial advisor John Adams looks at different kinds of stewardship in Sustainable Land Trust Management.

You can also read about Green Century President Leslie Samuelrich being named to the list of Barron’s 100 Most Influential Women in U.S. Finance; and find the newly released Impact Reports from Praxis Mutual Funds and Domini Impact Investments. And see the new Toolkit that Guides Investors on respecting Indigenous Rights. Finally, check out our new videos and podcasts this month.

These are busy times for all of us, so if you missed our excellent ‘Women, Sustainable & Impact Investing’ articles last month you can still find them here.

Speaking of travel, in-person conferences are back. Here are several worth attending: the Responsible Business Europe conference, June 6-7, in London, and GreenFin 23, June 26-28, in Boston. Also, one of our favorite annual events is the ESG For Impact conference, being held October 8-11 near Denver. Find more information about these events and dozens of others on our frequently updated Global Events Calendar.

Are your bags packed yet?

– Cliff Feigenbaum, publisher/founder

Regenerate and Rejoice at Finca Luna Nueva Lodge

Thomas Newmark
Finca Luna Nueva Lodge
If it’s a farm-to-table experience in the rainforest you’re seeking, we’re here to fill your senses. But what about filling your souls? Is there a rainforest medicine that gives you hope about the planet? We think so, and it’s called regenerative farming. We produce food in a way that mimics how rainforests create food energy – growing food that repairs and enriches our ecosystem.
 

The Power of Community Tourism: Planeterra’s Mission to Turn Travel into Impact

Selene Orellana
Planeterra
We define community tourism as travel experiences owned, led, and run by local communities – non-profits, cooperatives, community orgs, and social enterprises. Community tourism embraces a more responsible way to travel by encouraging genuine encounters between local communities and travelers, while ensuring that local people are benefiting.
 

Tourism Destinations Begin Transition to a Green Economy

Megan Epler Wood
STAMP at Cornell University
The hotel industry has set out ambitious goals to lower industry related impacts via the Net Positive Hospitality pathway document. It takes a “holistic approach” which can reduce costs and enhance value for companies, destinations, and guests. Hotels will measure and manage the impacts of tourism: water use, waste, emissions, and impacts on biodiversity, while delivering protection of human rights, etc.
 

Sustainable Land Trust Management

John S. Adams, CFP®, CIMA® and Jack O’Connor, CFP®, CIMA®
The Arbor Group, UBS
Are you involved with your local Land Trust? If the answer is “Yes, I go hiking on the local trails,” you are not alone. There are currently more than 1,700 Land Trusts including 467 accredited Land Trusts in the U.S. When you are called on to make a donation or to join the staff or board, this will help give you some insight into the current and rapidly changing landscape of finance for community protected areas.
 
 

Sustainability SmartPod  – If you’ve flown on American Airlines recently, there’s a chance your plane was fueled by a small amount of sustainable aviation fuel (SAF). Jill Blickstein, Vice President of Sustainability at American Airlines, joins the show to talk about the latest advancements in SAF, fleet upgrades the airline has made to enhance its sustainability and an AI-enabled system called ‘Smart Gating’ that conserves fuel and saves time for travelers.  American Airlines is undertaking numerous initiatives to reduce its carbon footprint. As Jill explains, many of those efforts come in places passengers might not notice, but certainly lead to more sustainable air travel.

May 2023 Additional Articles

Native Americans Get Funding for Climate Projects by John Howell

Native Americans Get Funding for Climate Projects

John Howell
Climate & Capital Media
The recent U.S. IRA directs $720 million to tribes and Native communities for climate resilience and solutions. From gold rushes to oil booms, Native American lands have been subjected to some of the worst environmental abuses in America including unregulated mineral mining, rapacious fossil fuel extraction, and multiple pipelines.
Barrons 100 Most Influential Women in US Finance

Green Century Funds President Named to Prestigious Barron’s List

Leslie Samuelrich, President of Green Century Funds, was named to the new list of Barron’s 100 Most Influential Women in U.S. Finance, joining the ranks of prominent women including Treasury Secretary Janet Yellen and other notable names in finance. Samuelrich has been an articulate and powerful voice in promoting SRI for the past 10 years.
New Toolkit Guides Investors on Indigenous Rights Respect

New Toolkit Guides Investors on Indigenous Rights Respect

Recently Amazon Watch published Respecting Indigenous Rights: An Actionable Toolkit for Institutional Investors. The Indigenous-led guide for pension funds, asset managers, and other institutional investors looks at the responsibility to respect the rights of Indigenous peoples which is crucial for climate stability, biodiversity protection, and financial risk management.
Domini Impact Investments Releases 2022 Impact Report

Domini Impact Investments Releases 2022 Impact Report

Domini’s new report underscores how their impact investment standards, in-house research, and corporate engagement helped to address some of most pressing issues. “Encouraging companies to deepen their sustainability efforts was a focus of our work in 2022. We leveraged it to support the climate transition, safeguard nature, and promote equity,” said Domini CEO Carole Laible.
Praxis Funds Releases 2022 Real Impact Report

Praxis Funds Releases 2022 Real Impact Report

Praxis Mutual Funds, a leading faith-based, socially responsible family of mutual funds from Everence Financial has released its 2022 Real Impact Report. The third annual report shares specific real-world impacts arising from the Praxis team’s work to fulfill its stewardship investing mission. Key themes include supporting the low carbon transition, protecting human rights and addressing inequality.
Calamos Launches New Sustainable Equity Funds

Calamos Launches New Sustainable Equity Funds

John Koudounis of Calamos Investments and NBA superstar Giannis Antetokounmpo share the goals of economic empowerment, financial education, and giving back, especially to young people in the community. So together they are creating sustainable funds and ETFs designed to generate investment and societal returns, based on ESG research and investment principles.

 
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