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Page 1: Panama - World Bankspappssecext.worldbank.org/sites/indc/PDF_Library/pa.pdf_ DgÞe! D Þg Þ D !gÞÞ~Ê(Ê'ÊÞÞÎD(Hë(çëçÏÞgÊH .(Ê iÞ ëHë=' (ëçÞ .(H= àRH .(Sp{£

Panama

Page 2: Panama - World Bankspappssecext.worldbank.org/sites/indc/PDF_Library/pa.pdf_ DgÞe! D Þg Þ D !gÞÞ~Ê(Ê'ÊÞÞÎD(Hë(çëçÏÞgÊH .(Ê iÞ ëHë=' (ëçÞ .(H= àRH .(Sp{£

Acknowledgments

The (I)NDC Content Briefs were produced by the Climate Policy

Team of the World Bank Climate Change Group. The team was

led by Sebastian Wienges and Ana Bucher under the supervision

of Stephen Alan Hammer. Detail analysis of country (I)NDC was

provided by Tom Witt, Jiawei Song, Karan Chouksey (mitigation

components), Yin Qiu, Yunziyi Lang, and Prajwal Baral (adaptation

components). The team is grateful for all comments and

suggestions received from regional and sector specialists

regarding the presentation and synthesis of relevant information. 

© 2016 International Bank for Reconstruction and Development/The World Bank 1818 H Street NW Washington DC 20433, U.S.A. Internet: www.worldbank.org

Climate Policy Team | World Bank Group

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LATIN AMERICA AND CARIBBEAN | Panama | (Intended) Nationally Determined Contribution

Introduction      In response to a growing interest in understanding (Intended) Nationally DeterminedContributions ((I)NDCs) and with regard to the ultimate goal of supporting countries'implementation of their national climate targets, the World Bank Climate Policy Team (WB­CPT) has

reviewed all developing countries (I)NDCs' submitted to the UNFCCC. The (I)NDC Content Brief

aims to provide a summary analysis of existing and instead country mitigation and adaptation

policies and plans, commitments and targets, implementation strategies and sector priorities,

associated costs and conditionalities, and stated gaps and needs, among other issues. 

      The (I)NDC content briefs are created solely on the basis of information from submitted(I)NDCs and makes no inferences about robustness, quality, or viability of intended policiesor actions. 

The (I)NDCs review will help implementing organizations like the World Bank Group (WBG) identify

and familiarize with a range of country priorities in terms of sectoral engagement, and needs in

terms of capacity building, technology transfer, and financing. Based on this comprehensive

mapping exercise, the WBG will develop a useful, easy­to­use, and interactive database and briefs

of all (I)NDCs to inform a wide range of WBG initiatives and client engagement processes, including

the development of Systematic Country Diagnostics (SCDs) and Country Partnership Frameworks

(CPFs), and at a later stage respond to the more specific requests from all WBG Global Practices

(GPs), regions, and country units for the identification of potential development opportunities,

analytical studies and technical assistance to support countries' implementation of planned policies

and actions. In­depth summaries of (I)NDCs by sectors and regions will be prepared at a later

stage. 

      In regards to Adaptation, although no global adaptation mechanism is established, the ParisAgreement parties are required to engage in adaptation planning and implementation of actions

which include preparation of adaptation plans. The Adaptation section of a large number of

submitted (I)NDCs, aims to increase development planning and scale the ability of countries to

adapt to the adverse impacts of climate change and foster climate resilience and low greenhouse

gas emissions development, in a manner that does not threaten sustainable development. In

addition to requested finance, the implementation of country commitments is largely tied to

significant amounts of external assistance to support development and execution of adaptation

plans. Although subsequent (I)NDCs are not explicitly required to have an adaptation component,

the process will ensure increased resilience is recognized under the UNFCCC and climate finance

mobilization is enhanced with an aim to achieve a balance between adaptation and mitigation flows.

Climate Policy Team | World Bank Group

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LATIN AMERICA AND CARIBBEAN | Panama | (Intended) Nationally Determined Contribution

Table of Contents

I   Overall Planning and Preparation Process 

II   Mitigation

  Economy­wide Targets

  Economy­wide Policies

  Mitigation Actions and Policies

III   Adaptation

  Adaptation Targets

  Adaptation Context

  Adaptation Actions and Policies

Acronyms

BAU Business as Usual NAMA Nationally Appropriate MitigationActions

CIF­PPCR Climate Investment Funds ­ PilotProgram for Climate Resilience

NAP National Adaptation Plan

DRM Disaster Risk Management NAPA National Adaptation Programmesof Action

INDC Intended Nationally DeterminedContributions

REDD+ Reducing emissions fromdeforestation and forestdegradation and the role ofconservation, sustainablemanagement of forests andenhancement of forest carbonstocks in developing countries

LEDS Low Emission DevelopmentStrategy

LULUCF Land Use and Land Use Changeand Forestry

|

|

|

Climate Policy Team | World Bank Group

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NO

LATIN AMERICA AND CARIBBEAN | Panama | (Intended) Nationally Determined Contribution

Overall Planning and  Preparation Process

How reliable is the prioritization of the (I)NDC? How serious is thegovernment about implementing policies and actions to achieve the (I)NDCtargets?

Political decision of adoption of INDC at:Head of state level

Interministerial level

Parliament

Ministry Level

Technical development of INDC through a participatory processStakeholder involvement

Multisector commision

Have development benefits been assessed and considered in the planningprocess?

Are there climate policies and actions already in place/under development?

LEDS

NAMAS

NAPA

Climate Policy Team | World Bank Group

$N/A 

(in Billion USD) 

TOTAL COST OF

IMPLEMENTATION (mitigation and adaptation)

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GERMANY THROUGH CCAP

YES

FINANCIAL CONSTRAINTS AND LACK OF TECHNICALCAPACITY

LATIN AMERICA AND CARIBBEAN | Panama | (Intended) Nationally Determined Contribution

Existing policies:

Has the INDC development been supported by a development partner?Technical support

Financial support

Implementation Plans and Needs

Specific requests for international provision of means of implementation:

Technology Transfer

Financial support

Capacity Building

Does the INDC intend the private sector to be involved in theimplementation of the NDC?

Are carbon pricing/international market mechanisms intended?

Are there any barriers identified?

Link list:• Panama INDC Factsheet (projected per capita emissions): http://www.climate­energy­college.net/files/site1/factsheets/Panama_INDCFactsheet_UoM­PRIMAP_GWPAR4.pdf 

Climate Policy Team | World Bank Group

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n/a

n/a

n/a

n/a

LATIN AMERICA AND CARIBBEAN | Panama | (Intended) Nationally Determined Contribution

Mitigation

ECONOMY-WIDE TARGETS

Conditionality: INDC page link

Unconditional part of mitigation target:Estimated costs for implementation:

Conditional part of mitigation target:Estimated costs for implementation:

Coverage of Gases: CO

Other Targets:

POLICIES:

TARGET YEAR

2050TARGET TYPE

N/AN/A

(in Billion USD)

COST OFIMPLEMENTATION

2

Climate Policy Team | World Bank Group

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Economy-wide: General

LATIN AMERICA AND CARIBBEAN | Panama | (Intended) Nationally Determined Contribution

MITIGATION ACTIONS AND POLICIESECONOMY-WIDE Plans:

Climate Policy Team | World Bank Group

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15% increase in renewable energy capacity by 2030 compared to baseyear 201430% increase in renewable energy capacity by 2050 compared to baseyear 2014

2232.00

n/a

n/a

30% increase in available renewable energyby 2050

2232.00

n/a

n/a

n/a

LATIN AMERICA AND CARIBBEAN | Panama | (Intended) Nationally Determined Contribution

MITIGATION ACTIONS AND POLICIES

RENEWABLE

ENERGYTargets: INDC page link

Estimated total costs for implementation:

Capacity building needs:

Technology needs:

Unconditional part of mitigation target:

Estimated costs for implementation:

Conditional part of mitigation target:

Estimated costs for implementation:

Emission reduction potential:

Climate Policy Team | World Bank Group

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2225.00

n/a

n/a

increase carbon absorption by 10% by 2050

n/a

additional 70% increase in carbon absorption

n/a

n/a

n/a

n/a

Establishment of the International Centre forImplementation for Reducing Emissions fromDeforestation and Forest Degradation

0.25

0.25

LATIN AMERICA AND CARIBBEAN | Panama | (Intended) Nationally Determined Contribution

MITIGATION ACTIONS AND POLICIES

REFORESTATIONTargets: INDC page link

Increase carbon absorption by 80% by 2050 compared to base year 2015

Estimated total costs for implementation:

Capacity building needs:

Technology needs:

Unconditional part of mitigation target:

Estimated costs for implementation:

Conditional part of mitigation target:

Estimated costs for implementation:

Emission reduction potential:

Plans: INDC page link

Establishment of the International Centre for Implementation for ReducingEmissions from Deforestation and Forest Degradation

Estimated total costs for implementation:

Capacity building needs:

Technology needs:

Unconditional part of mitigation target:

Estimated costs for implementation:

Conditional part of mitigation target:

Estimated costs for implementation:

Emission reduction potential:

Climate Policy Team | World Bank Group

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LATIN AMERICA AND CARIBBEAN | Panama | (Intended) Nationally Determined Contribution

Adaptation

ADAPTATION TARGETS

ADAPTATION CONTEXT

Existing National Development/Resilience Policies and Plans

National Communications

NAPs

NAPAS

CIF-PPCRs

Sectoral Strategies

Cross-cutting

Conditionality:

Unconditional part of adaptation implementation

Conditional part of adaptation implementation

Conditional upon international provision of meansof implementation

TARGET YEAR

N/AN/A

(in Billion USD)

COST OFIMPLEMENTATION

Climate Policy Team | World Bank Group

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