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Honduras
Political Groups
G77
Global Climate Risk Index
73.33
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World Bank Income Group
Lower middle income
Share of Global Emissions
0.06%
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Legislative Decree 54-2023 on the Special Law on Forest Carbon Transactions for Climate Justice
2023Legislative
In October 2023, Honduras established its national carbon market for forestry-related carbon offsets through Decree 54-2023. In particular, Article 7 of the Decree creates a National Commission for Carbon Transactions that is responsible for producing the internal regulations, technical documents and feasibility guidelines arising from the Decree, amongst other responsibil...
Targets (7)
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- By the year 2038, we would have transversally integrated climate change into sectorial planning and public and private investments, 400 thousand hectares of forest lands will have certificates of reduction of emissions on international markets.LULUCF: Carbon Sequestration · Target year: 2038Source: National Vision 2010-2038 and National Plan 2010-2022
- 1,5 million hectares of forests under restoration by 2038 against a 2010 baselineLULUCF: Afforestation · Target year: 2038Source: National Vision 2010-2038 and National Plan 2010-2022
- 80% of electricity from renewable resources by 2038Energy: Renewable Energy · Target year: 2038Source: National Vision 2010-2038 and National Plan 2010-2022
- By 2022 the country will have the institutional framework it needs for climate change adaptation and mitigation, physical vulnerability will be reduced by 50%.Economy-wide: Adaptation · Target year: 2022Source: National Vision 2010-2038 and National Plan 2010-2022
- To have 1.000.000 hectares of forest lands in ecological and productive restoration participating in the international carbon bond markets.LULUCF: Reforestation · Target year: 2038Source: National Vision 2010-2038 and National Plan 2010-2022