An interview with Osmar Bambini, Co-Founder and CIO of umgrauemeio

In our COP28 series, we interviewed Osmar Bambini, Co-Founder and CIO of umgrauemeio. The company adopts a multifaceted approach to climate change, integrating technology, environmental assessments, community engagement, and advocacy. Bambini discusses umgrauemeio's strategies, best practices in sustainability, stakeholder engagement methods, and views on necessary policies and financial initiatives to effectively tackle the climate crisis.

1. How is your organization approaching climate change?

umgrauemeio is addressing climate change through a multifaceted approach:

• Technology and Innovation: Leveraging the Pantera system for real-time monitoring and mitigation of climate-related disasters, such as wildfires.
• Environmental Impact Assessment: Conducting comprehensive assessments to inform sustainable decision-making and minimize adverse environmental impacts.
• Community Engagement: Actively involving local communities, empowering them, and fostering environmental stewardship.
• Partnerships: Collaborating with a diverse range of partners to scale impact and access resources.
• Advocacy and Education: Advocating for climate-friendly policies and raising awareness to inspire action.
• Philanthropic Initiatives: Engaging in projects like the Brazilian Wetlands Project, demonstrating commitment to conservation and private sector engagement.

2. What’s your top best practice to solve the climate crisis?

umgrauemeio's top best practice to address the climate crisis is:

• Sustainable Practices: Integrating sustainable practices into daily operations, focusing on energy efficiency, waste reduction, and responsible sourcing, minimizing environmental impact.

3. How is your organization engaging local stakeholders in your climate actions?

umgrauemeio actively engages local stakeholders through:

• Community Involvement: Actively involving affected local communities in climate actions.
• Collaborative Decision-Making: Fostering collaborative decision-making processes involving local voices.
• Community Empowerment: Providing resources and support for communities to participate actively.
• Capacity Building: Investing in training to equip communities with climate action skills.
• Education and Awareness: Emphasizing community education and awareness programs.
• Transparent Communication: Maintaining open and transparent communication with local stakeholders.
• Respect for Local Knowledge: Valuing traditional knowledge and practices.
• Benefit Sharing: Ensuring benefits of climate actions are shared with communities.
• Feedback Mechanisms: Establishing feedback channels for community input.

4. What new policy, regulation or financial initiative do you believe is necessary to solve the climate crisis?

umgrauemeio believes that a carbon pricing mechanism involving private sector participation is necessary to address the climate crisis effectively. This would encourage emissions reduction and contribute to climate finance and community support.