By: Pia Zevallos - Libélula's General Manager
Two years have passed since the COVID-19 pandemic left various social and economic devastations in Peru and the world. Against this backdrop, a green economic recovery is very beneficial for Peruvian society because it creates new job opportunities and promotes businesses that allow greater profitability, while ensuring environmental care. Green economic recovery requires a strong involvement of the private sector because it promotes innovation and generates investment.
We also know that the global commitment of the private sector contributes to reducing 60% of greenhouse gas (GHG) emissions to limit the increase in global temperature, according to the We Mean Business Coalition ReportThe company's contribution to achieving the decarbonization of economies by 2050, a key goal of the Paris Agreement, will be significant.
The DecarBOOST Project, developed by Libélula in a context of post-covid recovery, promoted the participation of the private sector in the decarbonization of the Peruvian economy, through a portfolio of investment opportunities of approximately US$178.76 million. Among the proposals are decentralized coworking spaces for the permanence of hybrid work that reduces the amount of fuel used in transportation and increases worker satisfaction. This model can generate a profitability of 60% in medium-sized spaces and reduce GHGs by up to 170.48 tCO2eq, saving up to 562 thousand soles annually.
Another proposal is the implementation of an accelerator of quality carbon credits that would promote reforestation and renewable energies; generating employment for communities that conserve ecosystems and generating an annual return of up to 44% and a reduction of up to 133,387 tCO2eq of GHGs.
By the same token, the promotion of renewable energies dynamizes the economy and diversifies the electricity matrix by reducing dependence on fossil fuels, which will face increasing restrictions. With the use of industrial solar panels, large companies can begin their energy and sustainable transition.
The evidence shows that the private sector can make a significant difference in restoring the economy. To develop actions from green recovery is to think about profitability and, above all, the possibility of creating an inclusive society that integrates sustainability and develops in a new global context.
