Panama

In Panama, PMI is uniquely positioned to provide the country with the support necessary to advance with the implementation of the instruments and policies PMR helped design. Based on the mitigation instruments identified and prioritized under PMR, PMI will provide support on two key topics:

1. PMI will support the implementation of Panama’s Energy Transition Agenda, focusing on its Energy Efficiency and transport components. On one hand, PMI will support the development of a National Energy Efficiency Certificates Program through the development of technical standards and institutional arrangements, and the design and development of the virtual module for the operation of the program. Likewise, PMI will also support the development of a National Vehicles’ Emissions Registration Program, including the design of institutional arrangements and a virtual platform, and the development of a roadmap for the implementation of a sectoral crediting mechanism for the transport sector.

2. PMI will also support the implementation of the National Carbon Market of Panama (MNCP) focusing on the offsetting mechanism, and the implementation of the Reduce Your Footprint National Program (PNRTH), Panama’s low-emissions development and climate transparency program, an umbrella program for all mitigation-related efforts.