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CCLW national policies

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Climate Policy Database

Carbon Market Regulations Tracker offers standardised summaries and direct links to relevant regulations concerning baseline-and-crediting market activities, within voluntary carbon markets and those under Article 6 of the Paris Agreement.

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Gold Standard

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Laws Africa

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Laws and Policies

CCLW

Law no. 45 - Law to promote renewable energy

Law passed

This law establishes a regime of incentives to foster the production of energy from hydro, geothermal and other renewable sources. It further seeks to create jobs, promote investment in rural areas, optimise the use of natural resources, protect the environment, improve the electricity matrix and security of supply.

The law defines a regime of concessions and licences in chapter II.

Any compulsory, unrequited payment to the government levied on corporations or individuals. This can be for environmental reasons, such as introducing a Carbon tax to set a price that emitters must pay for the greenhouse gases they emit.

Compulsory, required payments to the government that are levied more-or-less in proportion to the services provided. Fees and charges range from entrance fees to national parks, charges on land-based sewage discharge.

Direct investments by the governments using public funds. This can be to support climate initiatives or integrate climate into other projects.

A tax advantage is an economic benefit applied to certain accounts or investments that are, by law, tax-reduced, tax-deferred, or tax-free. This can apply to investments in areas such as green energy projects or the agricultural sector, where tax advantages can help manage financial risks.

A long-lived, colourless gas, chiefly emitted from fossil fuel combustion, deforestation and cement production.

Molecules in the atmosphere that play a key role in the greenhouse effect by trapping heat radiating from Earth’s surface.

Actions or measures to adapt terrestrial systems to climate change.

In human systems, the process of adjustment to actual or expected climate change and its effects, in order to moderate harm, increase resilience or exploit beneficial opportunities. In natural systems, the process of adjustment to actual climate change and its effects; human intervention may facilitate adjustment to expected climate change and its effects.

Electrical energy generated from mechanical devices driven by flowing fresh water.

Renewable energy means all forms of energy produced from renewable sources in a sustainable manner.

Heat extracted from the ground, usually in the form of hot water or steam and typically referred to as hydrothermal fluid.

This sector involves the wholesale and retail selling of goods.

Activities that involve planning, designing and building infrastructure, residential, and commercial structures.

The activities of industries involved in the production, distribution, and sale of energy, including electricity, gas, and renewables.

Activities that relate to the production of goods and services from forests.

Activities of government agencies and institutions that provide public services, enforce laws and manage public resources.

This sector involves activities that impart knowledge and skills to individuals, including formal schooling, vocational training and educational support.

Terrestrial means "of the earth" and relates to the risks to ecological system that includes all living organisms and their interactions within land-based environments, such as forests, grasslands, and deserts.

Slow onset events evolve gradually from incremental changes over many years or from increased frequency or intensity of recurring events. As defined in the Cancun Adaptation Framework (2010), slow onset events include risks and impacts from rising temperatures, desertification, biodiversity loss, land and forest degradation, glacial retreat, ocean acidification, sea level rise, and salinization.

An aim to achieve a quantifiable outcome within a given time-frame, set by an institution such as a national government.

Policy instruments are techniques or tools used by governing authorities to promote certain policies in order to achieve predetermined goals. Put simply, instruments are how a government tries to achieve its goals, with this taxonomy being focused on national policy instruments.

Risk is the potential for adverse consequences resulting from the dynamic interplay between (climate-related) hazards, exposure, and vulnerability of affected human or ecological systems.

Groups  of people who are adversely affected by climate change or the response to it

A set of principles, processes, and practices that build economic and political power to shift from an extractive economy to a regenerative economy.

Fossil fuel is a generic term for non-renewable energy sources such as coal, fossil gas, and oil (including crude oil, and petroleum products), that can be used for electricity and heat generation. Fossil fuels are hydrocarbons formed from pressurised and heated organic material buried over millions of years.

Area of the economy in which actors engage in identical or related activities.

Financial actors and resources that are primarily directed towards climate change mitigation, adaptation and compensation.

An enterprise or financial institution that is usually majority-owned, backed or significantly controlled by nation-state governments.

Bocas del Toro

Panamá Oeste

Coclé

Colón

Chiriquí

Darién

Herrera

Los Santos

Panamá

Veraguas

Emberá

Guna Yala

Ngäbe-Buglé

Naso Tjër Di

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Law no. 45 - Law to promote renewable energy

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Law no. 45 - Law to promote renewable energy

Summary

Documents

About this law

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Note

Topics mentioned most in this law
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