Panama sets up national carbon market rules, enabling cross-border credit transfers
Panama has created a national carbon market framework through a recently published decree. It includes credit registries, plans for a domestic offset mechanism, and provisions for international transfers under Paris Agreement Article 6 and CORSIA.
Panama’s new decree establishes a national structure for carbon credits, covering registries, a planned domestic offset mechanism, and rules for moving credits across borders. The framework links these elements to international transfer channels under Paris Agreement Article 6 and CORSIA. The decree places Panama within the broader area of carbon-market policy, where national registries and international transfer rules are meant to connect domestic credits with cross-border mechanisms, though the summary does not specify operational details or timelines.
The framework could affect project developers, local communities, and companies that use or trade carbon credits, since registry and transfer rules may shape participation and tracking. It may also influence how international buyers and regulators view Panamanian credits. Actual social and environmental outcomes would depend on implementation details not available in the summary.