Sustainable Finance: A New Approach
Author: Pedro Pérez Manrique
Today, faced with the environmental challenge, the interests of citizens, consumers, businesses, and Finance seem to be aligning in an unprecedented way.
Can Finance be an ally of sustainable development?
Despite being associated by definition with short-term bank loans while sustainable development issues are addressed, there are now many signs pointing to an evolution in the financial sector from a longer-term perspective.
This sector has not given up on profits. Still, now the “Financial Stakeholders” recognize that companies that put sustainable issues at the center of their business models tend to be healthier economically since companies that act responsibly and guarantee healthy practices minimize risks.
These statements can be summarized as:
1- Ecological regulations are adding conditions to the license of industries to operate. States and governments are increasingly refusing to take control of the adverse effects of industrial activity.
2- Companies committed to supplying sustainable products and solutions, which are also produced responsibly, improve their competitiveness, generate more profits, and create long-term value. For example, when we invest in new generation green plants, we reduce the volume of raw materials used and improve productivity.
3- The third aspect highlights a change in the current labor market. Future generations reject employers who have not embraced the green imperative as their primary concern. The message is simple: “If you deprive us of our environmental capital, we deprive you of your human capital.”
These are aspects of great importance when addressing the sustainability of our production systems; our values cannot be left at home when we go to work every morning. This fictitious separation between personal and professional life must be a thing of the past.
In this way, the interest of Finance in supporting sustainable transition companies is growing. In this way, the financial sector can become a crucial ally in the radical ecological transformation that we must all implement to face these novel challenges.
CONTACT: Pedro Pérez Manrique – [email protected]
What to do, Where to eat and Where to stay…
South Pacific Costa Rica Beaches
Looking for business directories, maps or other printouts? We’ve got that too!
Dare to Discover and Enjoy…
Need help planning your next trip to Costa Rica? We look forward to help you!
During 2020, Ballena Tales Travel and Service Guide Magazine has published numerous uplifting, constructive, and thought-provoking articles on nature, people’s initiatives, or a healthy lifestyle. Our contributing authors are members of our community, business owners, and individuals with deep knowledge and love of the South Pacific, thus creating an oasis of inspiration and well-being for you to enjoy.
The Alma De Ojochal Hotel is, as the name says, “the soul of Ojochal” and is in tune with the spirit of Pura Vida on the South Western coast of Costa Rica. Here you will have the feeling of enjoying life to the fullest, embracing experience and adventure in a very relaxed atmosphere.
What a beautiful spot. You will now understand why people love this secluded beach, surrounded by lush rainforest and lined with palm trees. It mostly has calm waves. The shallow waters are safe for children (always under their parents’ observation and paying attention to the lifeguards’ alerts.)
Indeed, most of the Costa Ballena region is dependent on tourism. Given that as the background, we hear from our homeowners, clients, and the social media channels: What can we do to help with the local economy?
Most of the construction on the Costa Ballena and Osa Peninsula is done by hotels and second-home builders drawn by the lush rainforest. Native timber feels like an obvious choice: who doesn’t love a handcrafted Cristobal door’s luxury?
It is an exhibition with identity, designed by and for the inhabitants of the Osa Canton. It is a temporary exhibition “In Osa history travels by bicycle,” which you can admire at the Finca 6 Museum site, in Palmar Sur.