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June 4, 2022
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Colombia will reduce 51% of gases by 2030

Colombia will reduce 51% of gases by 2030

With the approval of Conpes 4088, Colombia advances in the goal of reducing its Greenhouse Gas (GHG) emissions by 51% by 2030. This roadmap will implement seven investment projects in the environment and sustainable development sector; agriculture and rural development; trade, industry and tourism.

(Greener public procurement practices).

The seven projects have investments of at least $187,457 million for the 2022-2025 period, and they have ordinary future validity granted by the Superior Council for Fiscal Policy on May 24, 2022.

The line of projects aims to meet 10 mitigation goals, 11 adaptation goals and four means of implementation goals of the Nationally Determined Contribution (NDC), which is the roadmap through which the country began its path towards reducing emissions and carbon neutrality. The estimated reduction is 7.9 MtCO2-eq (metric tons of carbon dioxide equivalent) of GHG.

(Global warming is accelerating.)

The programs will aim to replace 7,500 wood stoves with efficient stoves. This would represent a reduction of 10,000 tons of firewood, which would contribute to the conservation of forests.

Also, the development of initiatives to adapt to climate change and blue carbon, with the restoration of nearly 1,750 hectares with mangrove ecosystems.

BRIEFCASE

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