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Panama joined the Climate and Clean Air Coalition (CCAC) in 2018, committing to work with CCAC partners to mitigate short-lived climate pollutants and deliver climate, clean air, health, and socio-economic benefits.
Due to its small population, Panama contributes only 0.045% of global greenhouse gas emissions. Moreover, with a high forest coverage that amounts to about 65.4%, Panama is also one of the only three countries that are known as carbon negative.
Despite its insignificant climate impact, Panama is highly vulnerable to the impacts of climate change. Climate change has increased the frequency and intensity of extreme weather events like storms, floods, and droughts, threatening the health and safety of the people and ecosystems and negatively affecting the livelihoods of the poorest and most marginalized.
To fight the adverse impacts of climate change, Panama has set ambitious mitigation goals through its Nationally Determined Contributions (NDC) to the United Nations Framework Convention on Climate Change (UNFCCC) and other policy frameworks. The country communicated its updated NDC in 2020, committing to reduce emissions in the energy and waste sectors. Its target to cut energy emissions by 11.5% by 2030 and at least 24% would reduce an estimated 10 million tonnes of CO2-eq between 2022 and 2030. To reduce emissions from the waste sector, Panama aims to develop a circular economy plan in 2022. The revised NDC further aims to develop a national plan for climate change in the agriculture and fishing sector to enhance productivity and sustainability and commits to restoring national forests by 50,000 ha, which would absorb approximately 2.6 million tons of CO2-eq by 2050.
In 2021, Panama presented for the first time a time series for the Greenhouse Gas National Inventory 1994-2017, including the improvement of data and emission factors, some of them from the country. This is stated in the National Inventory Report. Panama aims to implement its rice and livestock sector Nationally Appropriate Mitigation Actions (NAMA) by 2030 as well.
To further address the climate impacts in the agriculture sector, Panama launched its National plan on climate change for agriculture (PNCCSA) in 2018, aiming to enhance the resiliency of its agricultural sector by 2030 and adjust production practices to reduce greenhouse gas emissions. The plan adopted a participatory and inclusive approach, aiming to achieve the main goals by providing priority measures in adaptation and mitigation through government programs.
Read below for more highlights of Panama’s policies.
Energy, Oil, and Gas: