• The project "Aligning the financial flows of Panama's financial sector with the climate change objectives of the Paris Agreement", funded by the Green Climate Fund and the European Union through the EUROCLIMA Programme, was launched in Panama.
  • The project will create a taxonomy of sustainable finance to classify investments and economic activities that contribute to the achievement of the country's climate change objectives.
  • The sustainable finance taxonomy will direct private capital towards the economic activities needed to achieve a low-emission, climate-resilient economy.

Euroclima is the European Union's flagship programme on environmental sustainability and climate change with Latin America. It aims to reduce the impact of climate change and its effects in Latin America by promoting climate change mitigation and adaptation through resilience and investment. 
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