17/07/2026
With the support of the European Union and FIAP, Panama now has a new Climate Change and Environmental Labelling Manual that will enable the identification of investments aimed at climate action.
Panama has taken a further step towards integrating climate action into public investment management with the launch of the Climate Change and Environmental Labelling Manual, a tool developed by FIAP in collaboration with the Ministry of Economy and Finance (MEF) and the Ministry of the Environment, through the Euroclima programme, funded by the European Union.
The launch of the manual brought together representatives from the institutions responsible for planning and managing public investment and marked the start of a week of training aimed at specialists from various sectors, with the aim of facilitating the application of the methodology and strengthening the technical capacities of the authorities responsible for implementing it.
Climate change labelling makes it possible to identify which publicly funded programmes and projects contribute to reducing greenhouse gas emissions, strengthening adaptation to climate change or generating environmental benefits.
This information is essential for understanding how much the country invests in climate action, better directing public resources towards national priorities, and improving transparency and monitoring of expenditure. It also facilitates the mobilisation of funding for projects aligned with Panama’s climate commitments.
The manual will be integrated into the Public Investment Management System (SIGIP), incorporating climate and environmental criteria into the planning and evaluation of public investments.
The aim of this line of work is to ensure that decisions on the use of public resources incorporate climate and environmental criteria. In practice, aligning financial flows means ensuring that public investment contributes ever more effectively to climate change mitigation, adaptation and sustainable development.
Beyond the development of a technical tool, this initiative is committed to strengthening institutional capacities. FIAP has supported a process of training and knowledge-sharing with planning specialists from various public bodies to facilitate the implementation of the methodology and promote its continuous improvement.
This initiative reflects FIAP’s commitment to strengthening public institutions as a key element in driving more effective policies to tackle climate change. Thanks to the support of the European Union, through Euroclima, and joint work with the Ministry of Economy and Finance and the Ministry of the Environment, Panama now has a new tool to move towards more efficient and transparent climate finance management that is aligned with its sustainable development goals.
