Colón

Los Santos

Bocas del Toro

Chiriquí

Guna Yala

Panamá

Panamá Oeste

Darién

Ngäbe-Buglé

Veraguas

Coclé

Herrera

Naso Tjër Di

Emberá

Panama

1 million hectares of forests will be established by 2050

30% of electricity generation will be renewable by 2050, with an interim target of 15% by 2030

30% of electricity generation will be renewable by 2050

25-50% of public vehicles will be electric by 2030

electric vehicles will represent 25-40% of private vehicle sales by 2030

10-20% of private vehicles will be electric by 2030

To supply 70% of the national energy mix through renewables by 2050

25-50% of public fleet of cars to be electric

25-40% of private vehicle sales to be electric by 2030

10-20% of private vehicles to be electric by 2030

Increase in reforested areas of 1 million hectares by 2030 against a 2017 baseline

Panama Nationally Determined Contribution. NDC3.0

Panama Biennial Transparency Report. BTR1

This Taxonomy is a classification system that defines eligibility criteria and indicators to identify economic activities that contribute to the transition towards a sustainable, resilient and inclusive economy of the country. It is aligned with the 2021 Green Bond Principles, 2021 Social Bond Principles, and the Sustainable Bond Guide, published by the International Capital Market Association (ICMA).
This Taxonomy covers: nine sectors: Agriculture, livestock and forestry; water supply and treatment; manufacturing, waste management and emission capture; supply of electricity, gas, steam and air conditioning; construction; transport; information and communications technology; and financial and insurance activities.
This Taxonomy is the result of a joint effort led by the Panama Sustainable Finance Task Force (GTFS), the Superintendency of Banks of Panama (SBP), the Superintendency of the Securities Market of Panama (SMV), and the Superintendency of Insurance and Reinsurance of Panama (SSRP), in close collaboration with the Ministry of Environment (MiAmbiente) and the Ministry of Economy and Finance (MEF), and with the technical support of the United Nations Environment Programme Finance Initiative (UNEP FI), and the financial support of the Green Climate Fund (GCF) and the European Union, through its EUROCLIMA program.

Geography

Panama

Recent documents

All

UNFCCC Submissions

Laws

Policies

Targets 14

Carbon-neutrality by 2050

Increase in reforested areas of 1 million hectares by 2030 against a 2017 baseline

1 million hectares of forests will be established by 2050

About this geography