Panama Canal aims to go carbon neutral in 2014

April 24, 2014

The Panama Canal plans to offset their emissions of greenhouse gases and become “carbon neutral” beginning in 2014, German Alberto Zubieta, the administrator of the waterway, announced Tuesday.

The announcement was made during the “Panama: Where the World Meets,” a conference and advertising campaign held this week and designed to promote investment in Central America’s southernmost country.

 Zubieta said there are plans to reforest 20,000 hectares of plants near the Panama Canal to offset carbon dioxide emissions. The Panama Canal Authority is working with Panama’s private sector and the Smithsonian Tropical Research Institute “to gauge the effect of planting trees native and nonnative to the area,” he said.

The World Economic Forum’s “Global Competitiveness Report 2010-2011” rated Panama the second most competitive economy in Latin America. Panama is expected to nearly double its Gross Domestic Product between 2009 and 2010, and the International Monetary Fund projects that Panama will have the fastest growing economy in Latin America by 2015.

Facebook Comments

You may be interested

Transformational travel in Costa Rica: Turning the flat world round
Costa Rica
409 views
Costa Rica
409 views

Transformational travel in Costa Rica: Turning the flat world round

Alissa Grosskopf - October 16, 2018

The sound of roaring water and the fear in my body drown out the encouraging shouts of my group behind…

Children: the future of shark protection
Changemakers
392 views
Changemakers
392 views

Children: the future of shark protection

Alissa Grosskopf - October 16, 2018

The nonprofit organization Misión Tiburón is strongly engaged in the protection of hammerhead sharks in Costa Rica. They hope to…

Trump warns Honduran president to stop migrants en route to U.S.
Immigration
1218 views
Immigration
1218 views

Trump warns Honduran president to stop migrants en route to U.S.

AFP - October 16, 2018

WASHINGTON, D.C. – U.S. President Donald Trump warned his Honduran counterpart on Tuesday that he must stop a caravan of…