Juan Carlos Monterrey Gomez
“The Government of Panama recognizes the urgent need for stronger action on corporate Scope 3 emissions, as current efforts remain insufficient to achieve global net-zero targets. The Climate Change Directorate of the Ministry of Environment of Panama welcomes the launch of the Voluntary Carbon Markets Integrity Initiative’s (VCMI) Scope 3 Action Code of Practice. This initiative provides a pilot framework for companies to address unabated Scope 3 emissions through a dual approach: direct reductions and the responsible use of carbon credits when faced with decarbonization barriers.”