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  • Pedro Barros

LuxCS at the Vale Europeu Summit: A Constructive View on ESG and the Financial Market

Updated: Feb 22



On November 21 and 22, Lux Carbon Standard participated in the Vale Europeu Summit. The event, held in Blumenau, SC, brought together experts from various fields such as investment, sustainability, business, innovation, ESG (Environmental, Social, and Governance), technology, business ecosystems, and smart cities, offering a melting pot of innovative and sustainable ideas. LuxCS was represented by its CEO, Pedro Kraus, on the "Financial Market and ESG" panel. This panel was one of the event's highlights, featuring representatives from BRDE - Banco Regional de Desenvolvimento do Extremo Sul and the Ailos Cooperative System. The discussions revolved around the decarbonization of the economy, positioning carbon credits as a crucial financial asset and an essential tool in the fight against the climate emergency and global warming.

 


The panel's focus was to highlight the importance of carbon credits, not just as a financial asset but also as a vital means to minimize the effects of the climate emergency. A highlight of the debate was the discussion on the role of certifiers like LuxCS in promoting innovative projects that effectively contribute to the reduction of carbon emissions or the capture of carbon from the atmosphere. Kraus shared insights on how LuxCS is at the forefront of this movement, encouraging and supporting initiatives that not only combat climate change but also generate sustainable economic value.

 

Lux Carbon Standard's participation in the 2023 Vale Europeu Summit testified to its commitment to sustainability and innovation. The conversations and debates at the event reinforced the importance of the intersection between the financial market and ESG practices, with carbon credits at the center of this interaction. LuxCS continues to be a driving force in promoting a greener and more sustainable future, proving that profitability and environmental responsibility can go hand in hand.

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