In October 2023, Hurricane Otis abruptly disrupted Acapulco's main economic activity. According to the Mexican government's Damage Assessment Census, 274,502 homes and 47,627 commercial establishments were affected in Acapulco and Coyuca de Benítez, while authorities reported damage to up to 80% of the hotel sector.One year later, Hurricane John once again tested the region's resilience.As a result, micro and small business owners across the tourism value chain faced precarious financial conditions, with damaged businesses and declining revenues. The lack of resilience tools and limited financial skills training further increased their vulnerability, making recovery more difficult and leaving them exposed to future climate-related events.

Acapulco Inspira was launched in 2024 in response to this emergency. Its model combines financial skills development, sustainable and responsible recovery planning, and connections to market opportunities.Since 2025, the program has supported 349 MSMEs, with women business owners representing the majority of participants (67.3%).Among the results, 90% of participants completed their financial recovery plans, 42.1% managed to reduce their debt levels, and businesses incorporated more digital tools into their operations.Building on these achievements, Scotiabank joins Acapulco Inspira in 2026 to strengthen the financial, climate, and commercial resilience of tourism businesses, nearly three years after the impact of Hurricanes Otis and John.Over 12 months, the initiative will support 30 micro and small businesses through assessments, financial and climate resilience training, personalized recovery and adaptation plans, market connections, and engagement with key stakeholders across the local business ecosystem.