APRONAD accepted in the Declaration of the First 50 Carbon-Neutral Organizations, Panama

Panama, September 3, 2021, sent by the Directorate of Climate Change (DCC) of the Ministry of the Environment (MiAMBIENTE) to Mr. Francisco Rivas, President of APRONAD indicating:

The Directorate of Climate Change (DCC) of the Ministry of the Environment (MiAMBIENTE) is pleased to inform you that the Association for the Promotion of New Development Alternatives has satisfactorily complied with all the legal requirements to be part of the Declaration "The 50 First Carbon Organizations - Neutro ”, which groups together the first fifty (50) organizations in Panama committed to carbon neutrality by 2050, in line with the long-term objective of the Paris Agreement. This initiative, together with the Reduce Your Corporate Footprint - Carbon program, makes them part of the national climate action and recognizes them for their early action aligned with the national goal of keeping the country carbon negative by 2050.

The note adds:

It is important to emphasize that, in order to specify your participation in the Declaration and be a creditor of the seal of "The First 50" you must deliver your Action Plan towards carbon neutrality by 2050 according to the guidelines established in the Declaration Manual and comply with all the GHG emissions reporting requirements under the virtual platform of RTH Corporativo Carbon as of October 30, 2021. MiAMBIENTE reserves the right not to grant recognition to organizations that do not comply with the aforementioned requirements. The Declaration Manual will be posted on the virtual platform of RTH Corporativo - Carbon no later than September 15, 2021.

The APRONAD technical team on Climate Change is preparing the Action Plan, once the Manual is published by MiAmbiente.