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The Climate Action Law sets out a catalog of governmental actions that involve all actors of the Colombian economy.
It outlines the agenda for compliance with international commitments acquired by the Paris Agreement to achieve carbon neutrality by 2050.
In this alert, we identify the opportunities and obligations to be followed.
With this law, the Colombian Government outlines the transition agenda headed to carbon neutrality and climate resilience through 16 pillars, of which the following are highlighted:
There are sectoral goals, ranging from 2022 to 2030, with the following being the most important:
The law establishes five greenhouse gas (GHG) mitigation goals, as well as sectoral goals for the following sectors:
The following are the main sectoral measures (ranging from 2022 to 2030) set out to reduce and prevent GHGs emissions, and increase their sustainability:
You may view the full text of Law 2169 of 2021 here - or contact us for more information.
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