German Agency For International Cooperation News

Panama Canal Emission Reduction Plan

ACP has signed a Technical Cooperation Agreement with the National Environmental Authority (ANAM) and the German Agency for International Cooperation to apply mechanisms that will reduce emissions in the Canal Watershed. The agreement aims to establish the terms and conditions for the design and implementation of a pilot program in the Panama Canal Watershed, compensation mechanisms for the sustainable management of forest resources that can be replicated nationwide, under the parameters of Reducing Emissions from Deforestation and Forest Degradation (REDD +). The REDD+ program focuses on the conservation of carbon reserves and also on the sustainable management of forests.