Global climatic change is a reality that forces us to act. The last five years were the hottest in history, with an average global temperature reaching 1.1°C above pre-industrial levels.
The consequences of this crisis are diverse
The consequences of this crisis are diverse and are now being felt worldwide: temperature records, sea level increase, droughts, forest fires, floods and other extreme climate events that generate social, economic, and environmental losses. Science shows us that, if CO2 emissions continue at its current pace, its consequences could be irreversible and even more damaging to conditions on the planet necessary for humans to thrive. It is necessary to act now and on several fronts.
One of the most effective ways of fighting climate change is to protect and recover our biodiversity. Forests and other native biomes play an essential role in people's well-being and that of the planet. They serve as carbon sinks by capturing and storing carbon we emit into the atmosphere and they ensure the provision of vital ecosystem services, such as potable water, clean air, climate resilience, healthy soils and raw materials, among others.
They are also essential services so that the economy and businesses can continue to prosper. Protecting our natural ecosystems is a fundamental and urgent necessity, for the good of the people, of businesses and of the planet. And, with 40% of the world's biodiversity and more than a quarter of its forests, Latin America has a central role in this collective effort.
Why regenerate and conserve?
There are different ways of fighting climate change and all of them involve the removal or reduction of Greenhouse Gas emissions (GHG) from the atmosphere. Science shows us that 37% of what we need to do to limit the planet's average temperature increase to 1.5°C by the end of the century can come from nature-based solutions such as restoring and conserving forests.
When working with forest restoration, in addition to contributing towards removing GHG from the atmosphere (since the trees absorb carbon while they develop), a productive chain linked to restoration is stimulated, generating new jobs and income for rural communities and local producers. Working using the force of nature to our favor, through natural regeneration of forests, is a smart and efficient response to the urgent fight against climate change.
Mercado Libre’s rapid growth throughout the region comes hand in hand with more responsibility and higher challenges regarding our operations environmental impact. We are aware of this and we have adopted several measures to reinforce our commitment towards having a positive social and environmental impact where we operate.
Among these actions are the procurement of renewable energy in our sites, the expansion of our electric fleet, the implementation of circular material management processes, supporting digital inclusion and promoting bioeconomy based entrepreneurs through training and development programs and facilitating sustainable consumption through our sustainable products section in 6 countries (BR, AR, MX, COL, CHI, URU). Access our site to learn more about our initiatives.
Our ongoing initiatives are the groundwork for a transformation process that aims to make our operations increasingly more sustainable. However, a large number of our progress depends on overcoming technological and infrastructure barriers that need the involvement and collaboration of the entire industry.
Whilst our intention is to continue leading this conversation, we are aware that it is also important to focus on present action. Supporting the regeneration and conservation of our region's iconic biomes is one of the best paths we have identified.