Oscar Vallarino
“As a country committed to climate action and sustainable growth, Panama recognizes the critical role of voluntary carbon markets in closing the $2.7 trillion annual climate finance gap. Carbon markets can generate up to seven times more impact in additional investment and technology transfer, and offer the potential to generate debt-free climate financing. VCMI’s Carbon Markets Access Toolkit provides the strategic framework that countries like Panama need to participate meaningfully in carbon markets. This tool addresses key decision points: when to enter carbon markets, how to use them to finance national climate strategies and how to develop an Article 6.”
“As countries develop financing strategies to achieve their nationally determined contributions ahead of COP30, we recommend adopting this strategic approach for a more sustainable future.”