As stated in its Nationally Determined Contribution (NDC), Panama is fully committed to the mitigation of greenhouse gas emissions and is currently implementing concrete actions to transition toward a low emissions economy. Historically, Panama has only been responsible for approximately 0.02% of global emissions. However, despite its low levels of emissions, the Central American country is extremely vulnerable to the adverse effects of climate change due to, among other things, its extensive coastal line and tropical location. Therefore, it is imperative to develop the national mechanisms necessary to access international climate funds in order to implement large-scale mitigation and adaptation projects to reduce the impacts of climate change among its most vulnerable populations and continue reducing its emissions footprint.

This proposal has been developed to strengthen national capacity, finalize national planning processes and establishing the frameworks and enabling environments necessary to effectively access implementation funding provided by the Green Climate Fund.