The Republic of Panama is located at the center of the Latin America region and the Caribbean and has a continental and insular territory of 76,902.62 Km2. As of 2016 the estimated forest area of Panama occupies 56% of the total area of the country. Panama is a unique biodiversity hotspot comprised of different national terrestrial and marine protected areas, including forests and wildlife and biosphere reserves.
Adhering to the terms of the UNFCCC and the Paris Agreement while seeking to obtain REDD+ results-based payments, Panama has so far achieved the following:
With the support of CfRN Panama produced a new GHG inventory in the AFOLU sector and undertook the review of its forest reference level and re-submitted it to the UNFCCC.
CfRN work, under the RRR+ project, initiated unique examples of South-South exchange such as between Panama and Belize that also served as a model for other project countries (for instance St. Lucia and Dominica). Specifically, with the implementation of Collect Earth for Land Use and Land Use change assessment, CfRN trained national experts on practical usage techniques and provide multiple tools for an appropriated, consistent and transparent GHG reporting of GHG emissions and removals.