Meeting national climate commitments under the Paris Agreement, through the targets established in the Nationally Determined Contributions (NDCs), is a challenge for most countries that requires the inclusion of all sectors. As part of UNDP’s “Climate Promise” program, which since 2019 has been working with more than 120 countries and territories to reduce their greenhouse gas emissions and address the challenges of climate change, the “Reduce your Corporate Footprint” (Corporate RTH) initiative has been implemented in Panama.
This voluntary national project has established a standardized process for measuring the carbon and water footprint of public, private and civil society organizations, developing a national system of merit-based recognition for good practices to promote climate action in all sectors of the national economy.