New Law on Climate Change in Guatemala

Progress is being made on an environmental law which establishes regulations to prevent and respond to climate change threats.

Wednesday, January 8, 2014

The Framework Law to Regulate the Reduction of Vulnerability, Compulsory Adaptation to the Effects of Climate Change and Mitigation of Greenhouse Gases creates a National Council as a regulating body and will be represented by members of the government, rural organizations, municipalities, and environmentalists in addition to the private sector.

In addition a National Information System where all data will be gathered and a National Fund to finance projects that are related to the phenomena of weather will be set up.

One "... aspect of interest to the industry is that the definition of activities that generate carbon certificates will be able to have access to the corresponding markets and other mechanisms for payment of environmental services, which will require entry on the respective registry at Ministry will of Environment and Natural Resources (MARN)," noted an article in Revistaindustria.com.



More on this topic

Coffee Cultivation and Climate Change

September 2017

A study by the Smithsonian Institute predicts that by 2050 the areas suitable for coffee cultivation in Latin America will have been reduced by 73-88%.

From a report by the Smithsonian Institute:

Areas in Latin America suitable for growing coffee face predicted declines of 73-88 percent by 2050.

IDB Announces $ 250 Million for Guatemala

October 2010

The program will support the country's strategy for adapting to climate change and the reconstruction plan.

The announcement was made by Gina Montiel, regional general manager for Inter-American Development Bank (IDB), in the context of the Donor Conference for Reconstruction with Transformation.

Nicaragua will improve disaster risk management and climate change adaptation with IDB assistance

October 2010

Loans totaling $10 million will reduce vulnerability of rural communities and facilitate the adaptation of agricultural producers to climate change

The Inter-American Development Bank (IDB) approved two loans totaling $10 million to reduce the vulnerability of rural communities in Nicaragua affected by climate change through a program to manage and conserve natural resources and protect watersheds.

Trade and Environment

June 2009

WTO and UNEP launch a report explaining for the first time the connections between trade and climate change.

The WTO/UNEP report on “Trade and Climate Change” published today examines the intersections between trade and climate change from four perspectives: the science of climate change; economics; multilateral efforts to tackle climate change; and national climate change policies and their effect on trade.

 close (x)

Receive more news about Environment

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Sep 20)
Brent Crude Oil
73.15
Coffee "C"
182.35
Gold
1,761
Silver
22.140